My Company's Active Listings

$499,900 (USD)
Active

Richmond Area Land

Active

8.521 +/- Acres S 37th Street & Backmeyer Road Richmond, IN 47374

Bed
0 Baths
sqft
MLS# 10052658
An exceptional, one-time opportunity to acquire 8.521 prime acres on Richmonds most desirable east side, strategically located just south of the primary east side commercial corridor along U.S. Highway 40 and less than two minutes from Interstate 70. This highly visible tract is situated at the corner of South 37th Street and Backmeyer Road, offering outstanding access, frontage, and exposure. The property lies immediately behind Walmart, Kroger Plaza, and other major retail and commercial anchors, with additional nearby amenities including entertainment, dining, and established commercial usesmaking this one of the most compelling development sites currently available in the market. All utilities are on site, significantly reducing development time and cost. The surrounding area features a strong mix of high-end residential construction and thriving commercial activity, creating an ideal environment for a wide range of development possibilities. This site is available immediately and offers exceptional flexibility. Ownership is open to: Selling the land outright Build-to-suit opportunities Strategic partnerships with developers or investors Whether envisioned for residential, residential PUD, retail, office, medical, mixed-use, or other commercial applications, this property represents a rare chance to secure a large, well-located tract in a supply-constrained, high-demand area. For additional details or to discuss development options, please contact Kyle Tom directly at 765-220-0199 or visit kyletom.com.
Listing Courtesy of RICHMOND IN AOR / Coldwell Banker Lingle / Kyle Tom
$495,000 (USD)
Pending

Imperial Sub Sec 2 Area Multi-Family Home

Pending

4840 Springfield Street Dayton, OH 45431

9 Bed
8 Baths
5332 sqft
MLS# 944618
INVESTMENT HIGHLIGHTS
* Turnkey Investment Opportunity
* Outstanding Rental Market (Workforce, University, Military)
* Recent Renovations
EXECUTIVE SUMMARY
Cash Flowing | Turnkey 8-Unit Multifamily Investment Opportunity
Property Overview
Built in 1971, this 5,332 SF multifamily building features 8 total units: seven 1-bedroom/1-bathroom and one 2-bedroom/1-bathroom. Seven of the eight units have been fully renovated with modern upgrades.
Interior & Exterior
7 Renovated Units: LVP flooring, cabinets, countertops, paint- All units include dishwashers- Coin laundry in common area closet- Brick exterior, slab foundation- Heating: Baseboard | Cooling: Window A/C units
Financial Snapshot
One-Bed Rents: $695 | Two-Bed Rent: $675 (Market Rent: $850)- Gross Rent Potential: $66,000+ annually (current rents 15-20% below market)- Rent Roll & 12-month trailing P&L available upon request- Upside potential in rents & final renovation
Location Advantages
Less than 1 mile from Wright-Patterson Air Force Museum & WPAFB- Easy access to I-675 & US-35- Strong tenant demand from military, students, and workforce housing
Investment Summary
4840 Springfield St. represents a stabilized, cash-flowing investment with modern renovations, a solid roof, and strong demand drivers. The property offers reliable income with opportunities for rent growth and long-term appreciation.
Listing Courtesy of DAYTON / Coldwell Banker Heritage / Gregg Russell