2104 Grand Blvd

Richmond, IN 47374

$135,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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...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.
  1. Listed by Justin Lowe • Ellsbury Commerical Group
  2. Listed by David Orton • Ellsbury Commerical Group

Property Details for 2104 Grand Boulevard

Subdivision Name
No Subdivision
Township
Wayne
LISTING UPDATED: 11/08/2025 05:54 PM

Property Details for 2104 Grand Boulevard

StatusActive
MLS #22072116
Days on Market48
Taxes$770 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyWayne County

Location

Listing Courtesy of Ellsbury Commerical Group
Add your commute

Building Information for 2104 Grand Boulevard

Stories-Residences2Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$795 per month

30 year fixed, 6.28% Interest

Principal and Interest

$667

Property Taxes

$128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2104 Grand Boulevard

Summary
Location and General Information
  • City: Richmond
  • County Or Parish: Wayne
  • Directions: GPS Friendly
  • Postal Code: 47374
  • Postal Code Plus4: 3476
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 891633420327000030
  • Semi Annual Property Tax Amt: 770
  • Tax Year: 2024
  • TaxLot: 84,85
School Information
  • School District: Richmond Community Schools
Owner
  • Owner Pays: Taxes, Sewer, Water
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 4008.0
  • Lot Size Acres: 0.09
  • New Construction: False
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: 4.06 Ft E Side X 95 Ft G B S D Lot 84 P V W Lot 85 P V W
  • Photos Count: 15
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Window Unit(s)
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 9411
  • Net Operating Income: $12,472.00
  • Gross Income: $22,560.00
Unit 1
  • Unit Kitchen: 200
  • Unit Levels: 3
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 200
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity, Trash Collection

Property History for 2104 Grand Boulevard

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Listed (Active)

MIBORMLS #22072116

$135,000—
Nov 8, 2023

Sold (Public Record)

Public Record #1522382837

$65,000—
Nov 8, 2023

Sold

Indiana Regional MLS #202341664

$65,000—
Oct 3, 2023

Pending

Indiana Regional MLS #202341664

—
Aug 28, 2023

Listed (Active)

Indiana Regional MLS #202341664

$72,500—
Apr 19, 2023

Sold (Public Record)

Public Record #1556965123

$65,000—
DateEvent & SourcePrice
11/04/2025

Listed (Active)

MIBORMLS #22072116

$135,000
11/08/2023

Sold (Public Record)

Public Record #1522382837

$65,000
11/08/2023

Sold

Indiana Regional MLS #202341664

$65,000
10/03/2023

Pending

Indiana Regional MLS #202341664

—
08/28/2023

Listed (Active)

Indiana Regional MLS #202341664

$72,500
04/19/2023

Sold (Public Record)

Public Record #1556965123

$65,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2104 Grand Boulevard

Taxable ValueLand$4,800Additions$72,200Total$77,000
Tax Record2024$1,540 ($128 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,232 SqFtAbove Grade Finished SqFt1,232 SqFtStories2Lot Size4,008 SqFtStyleCondominiumYear Built1925ZoningZO01CountyWAYNEAPN89-16-33-420-327.000-030

Schools near 2104 Grand Boulevard

This home is within Richmond Community Schools.
Rating
School
Type
Grades
Distance
Elizabeth Starr Academy For Young Ent
Public - PK to 4
Community Youth Services
Public - K to 12
Richmond High School
Public - 9 to 12
Julia E Test School
Public - 5 to 6
Rating
School
Distance
Elizabeth Starr Academy For Young Ent
PublicPK to 4

Community Youth Services
PublicK to 12

Richmond High School
Public9 to 12

Julia E Test School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 2104 Grand Boulevard, Richmond, IN 47374

2104 Grand Boulevard is a multi-family home for sale in Richmond, IN 47374. This property was listed for sale on November 4, 2025 by Ellsbury Commerical Group, it's currently listed at $135,000. It has been on the market for a total of 48 days and was last sold on November 8, 2023. This listing's school district is Richmond Community Schools. Nearby schools include Elizabeth Starr Academy For Young Ent, Community Youth Services and Richmond High School. 2104 Grand Boulevard is a 0-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ellsbury Commerical Group

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/22/2025 08:27 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.