1028 Merrick Richmond, KY 40475
Multi-Unit (2-4), Contemporary - Richmond, KY
Property size:
2,350 SFLot size:
0.22 AcresPrice / SF:
$127/SF- Added:
- Mar 23, 2026
- Days on Market:
- 44
- Last Refresh:
- May 5 at 5:06 pm
Property Features for 1028 Merrick
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 100
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Garage
- Appliances
- Dishwasher, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,350 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1651
Utilities
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1999
- Year renovated
- 1999
- Floors in Building
- 2
- Flooring type
- Carpet, Hardwood, Tile
- Building materials
- Brick, Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Contemporary
Listing agent MaKenzie Griffis 8886246448x101
Listing office eXp Realty, LLC 2303 Hurstborne Village Drive, Louisville, KY 8886246448x101
Listing date Mar 23, 2026
MLS# 11738818
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Richmond Duplex: Income Potential
Located in Richmond, KY, this duplex property presents an opportunity for investors or owner-occupants seeking income potential. The property includes two units: Side 1, approximately 1,250 sq ft and leased month-to-month, and Side 2, approximately 1,100 sq ft and leased on a year-long basis. Side 1 has been remodeled, while Side 2 offers the opportunity for updates. Each unit is separately metered for electric and water, with tenants responsible for all utilities, including electric, water, and trash. The property is serviced by city water and sewer and operates as all-electric. The HVAC systems for both units were replaced in September 2018. Exterior features include bay windows, stonework detailing with keystones above the windows, and a laser-engraved address in stone. A rear storage building provides space for lawn equipment. Both units include pull-down attic stair access for additional storage. The property has no HOA. Situated on a 0.22-acre lot, the property is located near Eastern Kentucky University, local shopping, dining, and healthcare facilities. Outdoor recreation is available at nearby Lake Reba Park and Paradise Cove Aquatic Center. Neighboring cities such as Lexington, Berea, and Nicholasville provide additional employment, entertainment, and dining options.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Madison
- State
- Kentucky
- Longitude
- -84.277041
- Latitude
- 37.752979
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Income-producing duplex in Richmond, KY, near EKU and amenities.
Where is this duplex located?
The property is located at 1028 Merrick Richmond, KY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Income‑producing duplex property with two separate units, offering immediate rental income.; Tenants responsible for all utilities due to separately metered electric and water.; Convenient Richmond, KY location, close to Eastern Kentucky University, shopping, dining and more.
