Richmond, IN 47374 3616 W National Road
$259,900
Pending
8 more
Presented By: Mark Tooley with Tarter Realty Auction and Appraisal Company; Cell: 765-546-9051
Beds • 4
Full/Half Baths • 4 / 1
SQFT • 3,676
Home Details
Check out this versatile mixed-use investment opportunity in a prime location! This property features a commercial space on the main floor with four 1-bedroom, 1-bath apartments on the second level, offering multiple streams of income. The property is equipped with central air and a gas furnace for year-round comfort. Tenants enjoy a shared laundry area and convenient off-street parking. The building is fully occupied, providing immediate cash flow for the next owner. Located in a high-visibility, desirable area with strong rental demand, this turnkey property is an excellent addition to any investment portfolio.
Presented By: Mark Tooley with Tarter Realty Auction and Appraisal Company; Cell: 765-546-9051
Interior Features for 3616 W National Road
Bedrooms
Num. of 1 Bedrooms4
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms1
Unit 4-# of Bedrooms1
Above Grade Bedrooms4
Beds4
Below Grade Bedrooms
Bathrooms
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths
Other Interior Features
Total Finished SqFt3676
Basement Y/NYes
Above Grade Finished SqFt3420
Above Grade Unfin. SqFt0
Below Grade Finished SqFt256
Below Grade Unfin. SqFt0
Num. of Efficiencies0
BasementSlab
Dishwasher(s)0
Disposal(s)
Dryer(s)
FlooringCarpet, Laminate, Tile, Vinyl
Microwaves
Ranges/Ovens
Refrigerators
Total Number of Units5
W/D Hookups
Washers
Other Rooms
Total Rooms Below Grade
General for 3616 W National Road
Age74
Agent First NameMark
Agent Last NameTooley
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
AreaWayne County
Assoc. Dues FrequencyNot Applicable
Associated Document Count1
Auction Y/NNo
Bathrooms5
CityRichmond
ClassINVESTMENT
CoolingCentral Air
DOM11
Elementary SchoolCenterville-Abington
FIPS Code18177
FeaturesBasement
Full Baths4
Half Baths1
HeatingElectricity, Gas, Baseboard, Forced Air
High SchoolCenterville
Legal DescriptionNMD FRACT SEC 22-16-14 0.34A
Middle SchoolCenterville
Net Income48300
New ConstructionNo
OwnerPaysCooling, Fuel, Lawn Maintenance, Sewer, Snow Removal, Water
PROPOSED FINANCINGCash, Conventional
Pet Restrictions Y/NNo
REONo
Rent Income48300
School DistrictCenterville-Abington Community S
SewerCity
StatusPending
StatusPending
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2026
Tenant PaysElectric
Total Sq Ft3676
TownshipCenter
TypeApartment Building
Virtual TourClick here
Year Built1952
Exterior for 3616 W National Road
Approx. Lot Size Acres0.34
ExteriorBlock
Lot Description0-2.9999
Lot Dimensionsx
Lot Size Area14810
Number of Parking Spaces10
OutbuildingNone
PoolNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Centerville-Abington Elementary School
High School
Centerville High School
Middle School
Centerville Middle School
Ryan Orr
Associate