Richmond KY Real Estate &

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Beds:
4
Baths:
6.00
Sq.Ft.:
2,652
Status:
Active
MLS#:
26000629
Type:
Duplex
Subdivision:
Merrick Place
Lot size:
0.25 Acres
Year built:
2001
A broker reciprocity listing Courtesy: RE/MAX Creative Realty 859-422-2000
View additional info

ADDITIONAL INFORMATION

Great duplex with strong income potential and steady cash flow, as each unit is rented. Each side of this duplex offers 2 bedrooms and 2.5 baths. Great location that is close to I-75, shopping, EKU, and dining. Each unit has its own entrance. This is a chance to own a multi-family property that is located in a high-demand location. Each unit has a full kitchen, washer-dryer hookups, and ample living space.

Beds:
4
Baths:
6.00
Sq.Ft.:
9,999,999
Status:
Active
MLS#:
25508164
Type:
Apartment
Subdivision:
Rural
A broker reciprocity listing Courtesy: BlueHorse Realty 859-661-5117
View additional info

ADDITIONAL INFORMATION

Enjoy loft living in this income producing masterpiece which is a converted redesigned warehouse with endless possibilities. Located in the heart of downtown Richmond Ky. Live in this gorgeous large upscale home of nearly 2,300 sq ft on the second floor with a huge great room/gorgeous kitchen/dining area, 2 bedrooms/2 baths, screened in private porch on second level and a large ground level private courtyard with a beautiful stamped concrete/firepit with hanging sun screen. A first floor stylish designed entrance/mudroom to home with a custom stairway with solid ash treads, plus a dog washing station. Below you have 5 rented offices plus 1 office the seller uses for herself which share a conference room, kitchenette, full bath with walk in shower/locker storage/washer/dryer and waiting area. The second building has a nice 1100 sq ft apartment above the 4 car garage--2 bedroom/2 bath plus a deck and outside entrance. City gas is hooked up for the beautiful gas lit lights on the front of the building /gas cooking range and small backup heat little stove in big living area side plus central heat air units are electric for main source in both buildings. Seller collects at the time of listing $3300 a month rent plus lives in the amazing 2300 sq ft loft home that has every upgrade imaginable to enjoy. The seller rents from the bank across the street the back part of the parking lot a storage building and spots for extra parking for her buildings at $200 a month plus street parking in front of these 2 buildings are allowed. New owners will have the option to lease both loft homes if they choose not to live on property for more rental income. This is an incredible opportunity to own such a unusual piece of investment property. We will need notice to show since it's fully occupied.

Beds:
6
Baths:
3.00
Sq.Ft.:
2,824
Status:
Active
MLS#:
25507838
Type:
Duplex
Subdivision:
Downtown
Lot size:
0.16 Acres
A broker reciprocity listing Courtesy: Ben H Campbell Appraiser, Inc 859-255-2352
View additional info

ADDITIONAL INFORMATION

Large duplex in downtown Richmond. The downstairs unit (currently vacant) features 4 bedrooms and 2 full baths. The upstairs unit features 2 bedrooms and 1 bath. Property has some traditional features like high ceilings, some hardwood floors and woodwork. Covered front porch. Very convenient Location! Easily accessible from the highway but also Close to EKU, schools, parks, library, restaurants, etc. Buyer to verify square footage and school districts.

Beds:
18
Baths:
12.00
Sq.Ft.:
2,400
Status:
Active
MLS#:
25507462
Type:
Duplex
Subdivision:
Brocklyn
Lot size:
0.17 Acres
Year built:
1979
A broker reciprocity listing Courtesy: Freedom Property Management, LLC 859-200-0199
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ADDITIONAL INFORMATION

Sold as is, inspections welcomed, 3 duplexes, 156, 158, 160 Hager Drive. $660000 all 3. or $235000. Individually. Unique opportunity for investors to establish long term growth and immediate cash flow. Long term renters 3 to 15 years. Prequals or Proof of funds for accepted offers. Average rents each side $800. Richmond market rents $1400 to $2100 . All have individual basements, laundry hookups , 3 bedroom and 1. 5 baths, rear decks. Tenant pay electric Land Lord pays 2 of 3 water (1meter each) .Clients & Realtors to verify all information. Broker owned with Husband .

Beds:
12
Baths:
5.00
Sq.Ft.:
4,920
Status:
Active
MLS#:
25506308
Type:
Apartment
Subdivision:
Hillcrest
Lot size:
0.49 Acres
Year built:
1990
A broker reciprocity listing Courtesy: The Real Estate Co. 859-979-1508
View additional info

ADDITIONAL INFORMATION

Excellent Investment Opportunity in Richmond—Now at a Reduced Price! This 5 Unit Apartment Building (Three 2BR, 1BA Units and Two 3BR, 1BA Units; Four Units Have Their Own Detached Storage Unit) at 240 Susan Drive now offers even greater value with a recent price reduction. Strong potential for increased income remains—current leases are under market value, presenting an immediate value add opportunity for savvy investors. Conveniently located near shopping, dining, and Eastern Kentucky University, this well maintained property provides consistent occupancy and a solid rental history. With updated rents and the new, lower price, this property could deliver impressive returns in Richmond's growing rental market.

Beds:
4
Baths:
2.00
Sq.Ft.:
1,636
Status:
Active
MLS#:
25505828
Type:
Duplex
Subdivision:
Eastern Hills
Lot size:
0.22 Acres
A broker reciprocity listing Courtesy: The Real Estate Co. 859-979-1508
View additional info

ADDITIONAL INFORMATION

Excellent investment opportunity! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units, both fully occupied. Each unit is one level with a nice yard, offering comfort and convenience. Prime location close to EKU, Baptist Health, Richmond Centre, shopping, dining, and I-75. This property has been well cared for and provides great rental income potential—ideal for investors seeking a move-in-ready, low-maintenance addition to their portfolio!

Beds:
4
Baths:
2.00
Sq.Ft.:
1,715
Status:
Active
MLS#:
25505816
Type:
Duplex
Subdivision:
Eastern Hills
Lot size:
0.21 Acres
Year built:
1974
A broker reciprocity listing Courtesy: The Real Estate Co. 859-979-1508
View additional info

ADDITIONAL INFORMATION

Fantastic investment opportunity! This well-maintained duplex features two spacious 2-bedroom, 1-bath units—all on one level and fully occupied. Conveniently located near EKU, Baptist Health, Richmond Centre, and I-75, this property offers easy access to shopping, dining, and major amenities. Each unit enjoys a nice yard and has been well cared for—making this a solid addition to any investment portfolio!

Beds:
4
Baths:
2.00
Sq.Ft.:
1,636
Status:
Active
MLS#:
25505814
Type:
Duplex
Subdivision:
Eastern Hills
Lot size:
0.2 Acres
A broker reciprocity listing Courtesy: The Real Estate Co. 859-979-1508
View additional info

ADDITIONAL INFORMATION

Ready to start or add to your rental portfolio? This well-maintained duplex features two spacious 2-bedroom, 1-bath units—all on one level and fully occupied. Conveniently located near EKU, Baptist Health, Richmond Centre, and I-75, this property offers easy access to shopping, dining, and major amenities. Each unit enjoys a nice yard and has been well cared for—making this a solid addition to any investment portfolio!

Beds:
8
Baths:
4.00
Sq.Ft.:
3,000
Status:
Active
MLS#:
25505005
Type:
Fourplex
Subdivision:
Markwood
Lot size:
0.2 Acres
Year built:
1984
A broker reciprocity listing Courtesy: Realty Solutions 859-396-0204
View additional info

ADDITIONAL INFORMATION

Income producing 4-plex in good condition. It's hard to find a 4-plex now under $300,000 but this is it. Updates include soffitt/fascia board (2023), unit 1 wall HVAC unit (2023), unit 1 carpet and vinyl (2023), unit 2 water heater (2023), unit 2 wall HVAC unit (2023), unit 4 wall HVAC unit (2021), unit 4 vinyl (2023), unit 4 carpet (2025). Total rents are $2805/mo with 4 tenants occupying it. Mostly long term tenants. Landlord pays electricity (2 meters for 4plex) and water (1 meter for 4 plex). Average monthly bill for those is around $550/mo. Unit 1 pays $680 (month to month---been there 6 years). Unit 2 pays $695 (month to month--been there over a year). Unit 3 pays $705 (month to month--been there 9 years). Unit 4 pays $725 (section 8, month to month--been there over 5 years).

Beds:
4
Baths:
4.00
Sq.Ft.:
2,800
Status:
Active
MLS#:
25010366
Type:
Fourplex
Subdivision:
Greenway Hgts
Lot size:
0.5 Acres
A broker reciprocity listing Courtesy: BlueHorse Realty 859-661-5117
View additional info

ADDITIONAL INFORMATION

Seller will do a land contract if buyer can pay large payments for a few years.. Well kept rare find 4 plex, each unit has 1 bedroom, full bath plus laundry room. Great location in Richmond not far to Eastern Kentucky University, EKU By-Pass and I-75. Nice lot with mature trees and blacktop parking. Two units on first floor and 2 units upstairs with stairwell inside middle of building, roof is 8 years olds, no carpet. Renters pay all utilities. Each unit is rented at $650. Listing agent must be at showings. Good investment to buy and live in one unit and rent the other 3 units. Great location

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Andrea D. Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way, Suite 102, Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2026 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Richmond Real Estate

Richmond is located in Kentucky. Richmond, Kentucky has a population of 34,662. Richmond is less family-centric than the surrounding county with 26.39% of the households containing married families with children. The county average for households married with children is 30.06%.

The median household income in Richmond, Kentucky is $40,221. The median household income for the surrounding county is $55,002 compared to the national median of $69,021. The median age of people living in Richmond is 26.3 years.

Richmond Weather

The average high temperature in July is 86.2 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 46.3 inches per year, with 7.5 inches of snow per year.

Richmond Map

Richmond Real Estate Market Conditions

  • Median sales price

    $320,000
    15.5%
    change since last quarter
  • # Active listings

    354
    30-day change

Richmond Schools and Demographics

Education near Richmond, KY

City County
High School Graduates 88.63 89.67
College Degree - 2 year 9.27 9.74
College Degree - 4 year 34.25 33.39
Graduate Degree 9.18 9.97
Expenditures per Student 10,810 10,810
Students per Teacher 15.3 15.3

Elementary Schools near Richmond, KY

Grades Students P/T Ratio ZIP
Berea Community Elementary School PK - 05 556 15.4 40403
Daniel Boone Elementary School 01 - 05 495 16.9 40475
Glenn R Marshall Elementary School 01 - 05 501 15 40475
Kingston Elementary School PK - 05 582 16 40403
Kirksville Elementary School 01 - 05 649 16.5 40475
Kit Carson Elementary School 01 - 05 568 17.7 40475
Madison County Kindergarten Academy KG - KG 473 16.6 40475
Model Laboratory Elementary School PK - 05 313 40475
Paint Lick Elementary School PK - 05 347 16.1 40461
Shannon Johnson Elementary School PK - 05 607 17.5 40403
Silver Creek Elementary School 01 - 05 484 15.3 40403
Squires Elementary School KG - 05 578 14.6 40515
Veterans Park Elementary School KG - 05 631 14.6 40515
WACO Elementary School PK - 05 495 15.9 40385
White Hall Elementary School 01 - 05 670 17.6 40475

Middle Schools near Richmond, KY

Grades Students P/T Ratio ZIP
B. Michael Caudill Middle School 06 - 08 652 16.5 40475
Berea Community Middle School 06 - 08 239 10.6 40403
Clark Moores Middle School 06 - 08 506 16.6 40475
Farristown Middle School 06 - 08 454 16 40475
Foley Middle School 06 - 08 433 15.3 40403
Madison Middle School 06 - 08 442 16.2 40475
Model Laboratory Middle School 06 - 08 179 40475

High Schools near Richmond, KY

Grades Students P/T Ratio ZIP
Berea Community High School 09 - 12 350 18.4 40403
Madison Central High School 09 - 12 1,845 18.3 40475
Madison Southern High School 09 - 12 1,198 17.6 40403
Model Laboratory High School 09 - 12 220 40475

Ungraded Schools near Richmond, KY

Grades Students P/T Ratio ZIP
* Middle College At Eastern Kentucky 12 - 12 15 15 40475
Madison County Area Technology Center UG - UG 0 40475
Madison County Day Treatment 08 - 11 8 1 40475

Demographics near Richmond, KY

City County
Neighborhood Type Suburban
Population 34,662 92,194
Population Density 1,706 211
Median Age 26.3 34.3
People per Household 2.2 2.4
Median Household Income 40,221 55,002
Average Income per Capita 23,945 28,559

Real estate near Richmond