1816 E Main St, Richmond, IN 47374
Property image
Property image
FOR SALE

$149,900

  • 8 Beds
  • 4 Baths
  • 1,634 sqft

1816 E Main St, Richmond, IN 47374

Est. Mortgage $1,008/mo*
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Home Highlights

Multi-Family
Built in 1900
$92/sqft

Local Information

  • Map ViewExplore the area around 1816 E Main St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Gas furnace heat
Great opportunity to own a 4-unit multifamily property in a historic east-side Richmond neighborhood. Each unit offers 2 bedrooms, with two currently occupied at $650/month each and two vacant and ready for new tenants. The vacant units provide immediate potential to increase overall rental income, while the existing units offer additional room for rent growth. Tenants pay their own gas and electric, while the owner pays water and sanitation. Each unit features gas furnace heat and window A/C. Off-street parking is available behind the property. Ideal for a first-time investor, experienced landlord, or out-of-state investor seeking a manageable multifamily opportunity. Conveniently located near Richmond's shopping, dining, recreation, services, and everyday amenities. With income already in place and two units ready to lease, this property offers flexibility and upside for its next owner. Call Amber Irwin for more information.
Last check for updates: about 18 hours ago
Listing courtesy of Amber Irwin
Better Homes and Gardens First Realty Group
Source: RLMS, MLS#10054287

Home Details for 1816 E Main St

Interior Features

Interior Details
Basement: Full,Unfinished
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 1634 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Unit 1 Appliances(Range-Electric, Refrigerator), Unit 2 Appliances(Range-Electric, Refrigerator), Unit 3 Appliances(Range-Electric, Refrigerator), Unit 4 Appliances(Range-Electric, Refrigerator), Gas Water Heater
Heating & Cooling
Heating: Unit 1 Heat Type(Gas),Unit 2 Heat Type(Gas),Unit 3 Heat Type(Gas),Unit 4 Heat Type(Gas)Has CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Unit 1 Heat Type Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Richmond Power and LightGas: Vectren/Centerpoint
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, PorchFoundation: Basement
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 23

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: Wood Siding, Stick
Property Information
Parcel Number: 891633430242.000030

Price & Status

Price
List Price: $149,900Price Per Sqft: $92
Status Change & Dates
Possession Timing: Immediate, Subject To Tenant Rights

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Richmond

Agent Information

Listing Agent
Listing ID: 10054287

Building

Building Area
Building Area: 1634 Square Feet

Lot Information

Lot Area: 5009.4 sqft

Business

Expense
Tenant Pays: Unit 1 Gas, Unit 2 Gas, Unit 3 Gas, Unit 4 Gas, Unit 1 Electricity, Unit 2 Electricity, Unit 3 Electricity, Unit 4 Electricity

Rental Terms, Policies & Fees

Owner Pays: Unit 1 Water, Unit 2 Water, Unit 3 Water, Unit 4 Water

Miscellaneous

BasementMls Number: 10054287

Around this home

What Locals Say about Richmond

At least 121 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 84 % Say yards are well-kept

  • 79 % Say parking is easy

  • 79 % Say it's dog friendly

  • 77 % Say there are sidewalks

  • 71 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 54 % Say people would walk alone at night

  • 52 % Say streets are well-lit

  • 47 % Say there's wildlife

  • 45 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 41 % Say it's quiet

  • 40 % Say it's walkable to restaurants

  • 36 % Say it's walkable to grocery stores

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lacey Antrim
    "Dog owners would enjoy that there is a lot of sidewalks to walk on so it’s very safe. As long as they are on a leash everything minds their own business. It’s very pet friendly. "
    0
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  • Trulia User
    "I’ve lived on the Eastside of Richmond since 2017 and it just feels really safe. My kids and I have never felt unsafe. We love taking night walks everyone looks out for each other and it’s close to everything!!"
    0
    Flag
  • Trulia User
    "Great schools and very safe area. Also, close to all the great restaurants,grocery stores, and shopping malls. "
    0
    Flag
  • Trulia User
    "It’s very safe to walk your dog at night. Everyone looks out for each other it’s a very safe place to live. "
    0
    Flag
  • Trulia User
    "I’ve lived on the East side of Richmond for 10+ years, and I wouldn’t want to live anywhere else. Very safe and the convenience of all the stores and restaurants is really nice. "
    0
    Flag
  • Travis Nelson
    "People let there dogs run free and sometimes they aren’t the most friendly, also there isn’t any dog park "
    0
    Flag
  • Trulia User
    "I have always felt very safe where I live. I like to walk at night and have never felt unsafe. I also love being close to basically anything I could need. "
    0
    Flag
  • Pmd92199
    "Nothing the neighborhood is a basic busy neighborhood right off a main road. The only thing about it I enjoy is the orchard at Mary Scott Park. "
    0
    Flag
  • Trulia User
    "None no events happen on my street that make my neighborhood special in any way. I wish we did yard sales. Or cookouts to get to know each other. "
    0
    Flag
  • Alyssa Anderson
    "They wouldn’t like all the other dogs getting lose possible to put you and your dog endangered lots of dogs in this neighborhood will bite "
    0
    Flag
  • Alyssa Anderson
    "Poop bag stand to be able to have the supplies to pick up the dogs business after it is done. "
    1
    Flag
  • Leesa A.
    "Very quite and clean,. The neighbors are nice but not in your business. It’s really close to the grocery store the gas station and everything that I need is close. I don’t know what event would make my neighborhood specialMaybe and neighborhood bonfire we can roast some weenies and marshmallows. I believe everyone should get to know their neighbors in case we need them for each other."
    23
    Flag
  • Chad_a_barrett
    "The neighborhood is very quite and the neighbors are friendly. Earlham college is right across the street so if you like talking walks there are plenty of trails in the woods and the campus is a pretty nice place to take a stroll. If you love birds we have all kinds of woodpeckers, finches, cardinals and hummingbirds."
    5
    Flag
  • Deborah W.
    "I see my neighbors walking their dogs all the time. All the yards are generous in size giving them plenty of room to play."
    3
    Flag
  • Ash.efda
    "Maybe don't let your children walk around alone outside. Anywhere. I mean like aged 15 and under. Don't let them roam free. "
    8
    Flag
  • Brianna P.
    "I actually don’t see many people walk their dogs. But there is a lot of little animals such as squirrels that they may want to chase."
    5
    Flag
  • Brianna P.
    "Everyone pretty much minds their own business and still friendly. But still not close enough to borrow some sugar lol it’s a quiet neighborhood for the most part! :)"
    3
    Flag
  • Constancejhenry
    "I've lived here for almost a year and it's great. I feel safe and all my neighbors are friendly and kind. All of the homes around me are well maintained, including my own. It's a great and beautiful place to live."
    10
    Flag
  • Stephanie W.
    "I’ve lived in this neighborhood since I was a little girl it’s a place I would love to raise my children. They go to the same school I went to as a kid"
    5
    Flag
  • Constancejhenry
    "There's swimming during the summer months and baseball games, youth and minor leagues. The high school is close enough to enjoy the sporting events there. Earlham college has events monthly for the community to attend and enjoy. We have lots of antique shops and plenty of shopping near by. And many different restaurants in the area."
    3
    Flag
  • Whysoserious1989
    "I like downtown with shopping plus city bus around the town and closer to school for my son and safe"
    1
    Flag
  • Brianna W.
    "U can get from side of town to the other in about 10-15min. A lot people have scooters to get around."
    0
    Flag
  • Samsjanet84
    "Great little park close by school I. Walking distance very quiet neighborhood. Close to the ball parks for kids and farm club team"
    0
    Flag
  • Tarynabradley
    "I have lived in this neighborhood for 12 years. It is very peaceful and neighbors are friendly. Our children have friends and we love the schools as well."
    1
    Flag
  • Juliet S.
    "The area of Richmond I live in, around Earlham, is very pleasant to walk in and has a lot of nice trees. Thankfully we have a grocery store nearby, but it is practically the only one on this side of town. "
    1
    Flag
  • Juliet S.
    "It’s right by the college so there are a lot of young people around all the time. It can get loud on weekends, but it’s still okay. The trees are really beautiful and it’s nice to be by the college campus because the green space is nice. "
    1
    Flag

Market trends in Richmond

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
174
8MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
321 N 13th St, Richmond, IN
0.46
Multi-Family Home
$115,000
08/10/26
5
3
1,976
117 N 13th St, Richmond, IN
0.41
Multi-Family Home
$225,000
06/25/26
6
6
4,578
223 S 12th St, Richmond, IN
0.60
Multi-Family Home
$154,900
04/30/26
5
5
3,624
407-409 S 8th St, Richmond, IN
0.91
Multi-Family Home
$35,000
06/24/26
7
2
2,989

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
109 N 17th St, Richmond, IN 47374
0.11
$86,000
4
2
2,042
Off Market
2009 E Main St, Richmond, IN 47374
0.12
$425,000
4
3
4,401
For Sale
110 N 20th St, Richmond, IN 47374
0.11
$79,100
5
2
2,098
Off Market
2004 S A Street #2004/2006 S A Street, Richmond, IN 47374
0.15
$150,700
Studio
-
2,220
Off Market
25 N 16th St, Richmond, IN 47374
0.16
-
2
-
1,852
Off Market
224 N 21st St, Richmond, IN 47374
0.15
$57,500
3
1.5
1,516
For Sale
115 N 16th St, Richmond, IN 47374
0.17
$63,700
3
1.5
2,876
Off Market
N 21st St, Richmond, IN 47374
0.16
$14,200
-
-
-
For Sale
15 S 21st St, Richmond, IN 47374
0.17
$122,000
3
2
1,990
For Sale
2034 S A St, Richmond, IN 47374
0.18
$148,900
3
1.5
1,312
Off Market
2109 E Main St, Richmond, IN 47374
0.18
$285,000
3
1.5
2,348
For Sale

Price and Tax history

DateEventPrice
Sep 1, 2026
Source: RLMS #10054287
Listed For Sale
$149,900
Jun 8, 2022
Source: N/A
Sold
$10,500
Apr 27, 2022
Source: N/A
Sold
$4,669

LGBTQ Local Legal Protections

Amber Irwin, Better Homes and Gardens First Realty Group
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 1816 E Main St

  • What is the estimated monthly payment for 1816 E Main St?
    Based on a $149,900 list price with 20% down at today's rates, the estimated monthly payment for 1816 E Main St in Richmond, IN is approximately $1,025 (about $845 principal & interest, $105 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Richmond?
    Residents describe Richmond, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Richmond, IN.
  • What are the closest schools to 1816 E Main St?
    The closest schools to 1816 E Main St in Richmond, IN are Dennis Intermediate School (rated 4/10), Julia E Test School (Elementary, rated 3/10), Richmond High School (rated 7/10).
  • Does 1816 E Main St have air conditioning?
    Yes, 1816 E Main St in Richmond, IN has air conditioning.
1816 E Main St, Richmond, IN 47374 is a 8 bedroom, 4 bathroom, 1,634 sqft multi-family built in 1900. This property is currently available for sale and was listed by RLMS on Sep 1, 2026. The MLS # for this home is MLS# 10054287.