Richmond KY Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24025586
Type:
Multi-Family
Subdivision:
South Bluegrass Center
Lot size:
0.28 Acres
A broker reciprocity listing Courtesy: RE/MAX Elite Realty 859-408-7922
View additional info

ADDITIONAL INFORMATION

Highly desirable rental property package in Madison County with low vacancy rates and strong rental demand. The package includes 203, 205, 207, 209 and 211 Aqueduct Drive. These duplex and triplex units present a great opportunity for passive income generation. With attached garages and updated roofs, these properties provide a great investment opportunity! Contact the listing agent for unit details.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24025568
Type:
Multi-Family
Subdivision:
S Bluegrass Jct
Lot size:
0.5 Acres
A broker reciprocity listing Courtesy: RE/MAX Elite Realty 859-408-7922
View additional info

ADDITIONAL INFORMATION

Introducing an exciting new investment opportunity! This package includes two rental properties: a 6-plex and an 8-plex, both featuring upgraded windows installed in 2021 and decks redone in 2023. Reach out to the listing agent for more information on unit and rental income details.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24025563
Type:
Multi-Family
Subdivision:
South Bluegrass Center
Lot size:
0.55 Acres
A broker reciprocity listing Courtesy: RE/MAX Elite Realty 859-408-7922
View additional info

ADDITIONAL INFORMATION

Attention investors! Own a piece of prime real estate in the heart of a bustling college town with this 10-plex property. With a steady demand for rentals from students and faculty, this is a great opportunity to generate rental income. Contact the listing agent today for rental information and unit details.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24025200
Type:
Multi-Family
Subdivision:
Downtown
A broker reciprocity listing Courtesy: The Real Estate Co. 859-979-1508
View additional info

ADDITIONAL INFORMATION

Are you looking for an end of the year deal, maybe 1031, or do you need to spend cash before uncle Sam takes it? Have you been wanting to get into real estate but don't know how, don't want something overwhelming? Look no further. This deal is for you. 7 single family rental houses, all rented except for 1, bringing in a total rent of $12,100 per month. All tenants pay their own utilities as well as trash and lawn care. Are you looking for an easy management property? Then this small portfolio is perfect for you. 2 of the 7 homes are only 2 years old. All homes have been renovated, updated, and are ready for their new owner. Current owner is closing out a rental portfolio in Richmond and these are the last of the properties in which they own.

Beds:
6
Baths:
4.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
24025003
Type:
Multi-Family
Subdivision:
Argyle
Lot size:
0.18 Acres
Year built:
2000
A broker reciprocity listing Courtesy: The Real Estate Co. 859-979-1508
View additional info

ADDITIONAL INFORMATION

This well-maintained duplex is fully leased and offers a fantastic opportunity for investors. Each side features a spacious 3-bedroom, 2-bathroom layout, providing plenty of room for tenants. Located in a highly sought-after area, this property is less than 2 minutes from Eastern Kentucky University, making it ideal for students or faculty members seeking convenience and comfort. Don't miss out on this turn-key investment in a thriving rental market!

Beds:
8
Baths:
4.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
24024284
Type:
Multi-Family
Subdivision:
Downtown
Lot size:
450 Acres
A broker reciprocity listing Courtesy: Marshall Lane Real Estate - Lexington 502-682-1226
View additional info

ADDITIONAL INFORMATION

Prime investment opportunity in the heart of Richmond! This historic property, built in 1893, features a 6-bedroom, 2-bathroom main house with endless potential. Located just minutes from downtown and EKU's campus, it's perfectly positioned for rental income. Behind the main house is a duplex with its own address at 314 Glyndon Avenue, offering two(2) 1-bedroom, 1-bathroom units.The property is non-conforming, allowing for residential or commercial use, making it ideal for creative investors. A portion of the main house was previously used as a salon, highlighting its adaptability. Recent updates to the main house include two heating and AC units replaced within the last 2-3 years and a roof that is approximately 5 years old. Consider transforming the property into college housing, a sorority or fraternity house, or maintaining it as a multi-unit rental. With its central location and income-generating potential, this property offers incredible opportunities for investors.

Beds:
4
Baths:
4.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
24022670
Type:
Multi-Family
Subdivision:
Madison Hills
Lot size:
0.46 Acres
Year built:
1989
A broker reciprocity listing Courtesy: Hays Real Estate 859-986-8663
View additional info

ADDITIONAL INFORMATION

Duplex including large 572 SQ. garage space, screened sunroom porches both are 284 SQ. and office space(upper level) is now available in a GREAT LOCATION!! This duplex is just off exit 90 in Richmond making this a pleasing option for Lexington commuters. Each side features Two beds/One bath and One half bath, laminate flooring and is move in ready. Be the first to reach out and see this today!

Beds:
9
Baths:
6.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
24022447
Type:
Multi-Family
Subdivision:
Ash Park
Lot size:
0.24 Acres
Year built:
2022
A broker reciprocity listing Courtesy: Century 21 Pinnacle 859-623-1900
View additional info

ADDITIONAL INFORMATION

Investors take note! This triplex is a rare opportunity to own! Each two-story house features 3 bedrooms, 2 full baths and 1,600 sq. ft. of living space! This well-maintained triplex was built in 2022 in the desirable Ash Park neighborhood. This triplex is made up of 3006, 3008 and 3010 Bodie Ct.

Beds:
6
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
24020313
Type:
Multi-Family
Subdivision:
Madison Village
Lot size:
0.27 Acres
A broker reciprocity listing Courtesy: CENTURY 21 Advantage Realty 606-451-1021
View additional info

ADDITIONAL INFORMATION

Looking for an income producing property in Richmond? You can live in Unit B while Unit A is rented and paying your mortgage. This duplex is close to Interstate 75 in the Madison Village Subdivision, making it convenient to Lexington, Georgetown, and Berea also. Each unit has 3 bedrooms, 1 bathroom with in unit laundry in each side. Unit A is currently rented on a month-to-month basis with utilities paid by tenants. The duplex has recently undergone some major renovations with new flooring, new roof and new siding as of 2024. The duplex has a large fenced in back yard and storage building does convey with the property. Should qualify for all loan types with owner occupying side B. Call to schedule your appointment.

Beds:
4
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
24020281
Type:
Multi-Family
Subdivision:
Markwood
Lot size:
0.15 Acres
Year built:
1989
A broker reciprocity listing Courtesy: RE/MAX Elite Realty 859-408-7922
View additional info

ADDITIONAL INFORMATION

**Charming Duplex in Richmond, KY - Perfect for Investors!**Discover the potential of this well-maintained duplex offering two spacious 2-bedroom, 1-bath units, with both units currently occupied. Each unit features handicap accessibility, ensuring convenience for all residents. Situated in a friendly neighborhood, this property provides easy access to downtown Richmond, local amenities, schools, and parks. Don't miss out on this unique offering in Richmond!

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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 2024 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

    $315,000
    15.5%
    change since last quarter
  • # Active listings

    322
    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