2104 Grand Boulevard

Richmond IN 47374

4008 sq. ft.

Duplex

Last sold for $125,000

Justin Lowe, last sold this property on 17 March 2026 after 130 days on market.

Overview

Ellsbury Group presents a prime opportunity to acquire a de-risked multi-family asset in the Richmond, IN market. The property provides a rare combination of maximum operational efficiency (100% occupancy with stable tenants) and recent capital investment (updates completed), resulting in exceptional, reliable cash flow. The purchase immediately transfers a fully active income stream, making it a truly "mailbox money" investment. Minimal operational disruption and strong in-place financials position this duplex as a superior passive income producer. Key Investment Features: Exceptional Cash Flow: The property is structured to deliver a large, positive cash flow from day one, offering a superior return on investment compared to many other available properties. Fully Occupied & Stable: Enjoy 100% occupancy with stabilized, reliable tenants. This eliminates the vacancy risk and immediate leasing costs typically associated with investment property acquisition. Recent Updates: Thoughtful recent updates have been completed throughout the property, minimizing immediate capital expenditures for the new owner and ensuring the units are attractive and well-maintained. Ideal Duplex Configuration: Featuring a desirable side-by-side duplex layout (believed to be 3 bedrooms and 1 bath per unit, this setup offers excellent tenant appeal and maximized rental potential.

Features

4008 sq. ft. lot size

Duplex

Estimated Value

We need at least 3 similar duplexes sold in Richmond over the last 12 months.

Property history for 2104 Grand Boulevard

2026

Sold

$125,000

17 Mar 2026 by Justin Lowe, of Ellsbury Commerical Group

2023

Sold

Undisclosed

26 Apr 2023

Happy sellers in Richmond

We have insufficient information to provide an overview of customer satisfaction for Richmond. Viewing the agent profiles, reviews and sales for Richmond can provide insights for this location.

Local market activity for duplexes in Richmond

In the last 12 months, 2 duplexes similar to 2104 Grand Boulevard, have been sold.

This represents a 58% increase in duplexes sales when compared to the previous 12 months.

Sold

For Sale

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Brianna Turner

at Your Expert Real Estate Team

(23 reviews)

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Brandy Sifford

at KRC - Klein Realty Co

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Sarah Wagner

at F.C. Tucker Company

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Brad Garrison

at Whitetail Properties

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Brianna Turner

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