Duplex with Month-to-Month
For Sale
$289,900
Pending
1048 Merrick Drive, Richmond, KY 40475
MULTI_FAMILY - Richmond, KY
Property Size2,320 SF
Lot Size0.19 Acres
Days on Market72
Property Features for 1048 Merrick Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6
Subdivision
Merrick Place
Elementary school
Daniel Boone
Middle school
Clark-Moores
High school
Madison Central
Elementary school district
Madison County - 8
Middle school district
Madison County - 8
High school district
Madison County - 8
Directions
US 421/25 to left on Merrick dr. Property on right
Standard status
Pending
APN
0068-008D-0041
Size
2,320 SF
Lot size
0.19 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1999
Listing Agency:
Plum Tree Realty
(513) 443-5060
Listed By:
Chris M Johnson
(859) 382-9398
Added: Jun 19
Changed: Aug 16
Last Checked: Aug 29 at 11:06AM
MLS# 26014320
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains 2,320 square feet on a 0.1938-acre lot and was built in 1999. Each side provides three bedrooms and 1.5 bathrooms, creating matching residential layouts across the property. Central air conditioning and electric heating serve the building, and the property is being offered in its existing condition.
Both units are currently occupied under month-to-month lease arrangements. The property is located at 1048 Merrick Drive in Richmond, Kentucky, within Madison County and ZIP Code 40475. The six-bedroom, three-bathroom configuration provides a straightforward two-unit setup for residential income use.
Both units are currently occupied under month-to-month lease arrangements. The property is located at 1048 Merrick Drive in Richmond, Kentucky, within Madison County and ZIP Code 40475. The six-bedroom, three-bathroom configuration provides a straightforward two-unit setup for residential income use.
Key Highlights
- Duplex with two 3‑bedroom, 1.5‑bathroom units
- 2,320 square feet on 0.1938 acres
- Both units leased month to month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 40475, KY
62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three-bedroom layouts, central air, and electric heat under existing month-to-month leases.
Where is this duplex located?
The property is located at 1048 Merrick Drive Richmond, KY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Duplex with two 3‑bedroom, 1.5‑bathroom units; 2,320 square feet on 0.1938 acres; Both units leased month to month
