Richmond KY Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.18 Acres
- Year built:
- 1972
- Baths:
- 3.00
- MLS#:
- 25000247
- Subdivision:
- Downtown
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Courtesy: Omega Real Estate Brokerage LLC
859-230-1332
ADDITIONAL INFORMATION
Great rental income. If you are looking for that investment property that really gives you a return, this is it! With $1,495 rental income from the 4 bedroom side, it already pays for itself. That gives you another unit to either owner occupy or lease for more income. Don't Close to downtown and only minutes from EKU, this property is perfectly located for convenience.
$505,000
312 N 3rd Street Richmond, KY 40475
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 450 Acres
- Baths:
- 4.00
- MLS#:
- 24024284
- Subdivision:
- Downtown
View additional info
Courtesy: Marshall Lane Real Estate - Lexington
502-682-1226
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.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.46 Acres
- Year built:
- 1989
- Baths:
- 4.00
- MLS#:
- 24022670
- Subdivision:
- Madison Hills
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Courtesy: Hays Real Estate
859-986-8663
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!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1989
- Baths:
- 2.00
- MLS#:
- 24020281
- Subdivision:
- Markwood
View additional info
Courtesy: RE/MAX Elite Realty
859-408-7922
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!
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 2025 Lexington Bluegrass Multiple Listing Service. All rights reserved.
Richmond Real Estate
The median home value in Richmond, KY is $308,000. This is higher than the county median home value of $216,800. The national median home value is $338,100. The average price of homes sold in Richmond, KY is $308,000. Approximately 32.64% of Richmond homes are owned, compared to 57.01% rented, while 10.35% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
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.