Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    413 Moberly Ave Richmond, KY 40475

    For Sale
    $589,000

    MULTI_FAMILY - Richmond, KY

    Property size:
    4,940 SF
    Lot size:
    0.41 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 14 at 11:06 am

    Property Features for 413 Moberly Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 7, Bedroom 6, Bathroom 3, Bedroom 10, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 9, Bedroom 1, Bedroom 3, Bedroom 7, Bathroom 2, Bathroom 6
    Bedrooms
    10
    Bathrooms
    7
    APN
    R009-0001-0018; R009-001-0018-A
    Parking
    5
    Size
    4,940 SF
    Lot size
    0.41 Acres

    Utilities

    Heating system
    Zoned, Natural Gas, Heat Pump (Heating), Forced Air
    Cooling system
    Heat Pump, Zoned, Electric

    Building Details

    Number of units
    5
    Roof type
    Shingle

    Keller Williams Louisville East (502) 554-9500

    Listing agent Sarah Weber (502) 554-9500

    Listing date Sep 25, 2025

    MLS# 25005951 Listing URL

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Duplex and Triplex Investment Opportunity

    This investment opportunity features a duplex and a triplex. The duplex, located at 413 N. 2nd, retains original charm, including hardwood floors, with updated kitchens and bathrooms. The downstairs unit includes a living room, dining room, kitchen, 3 bedrooms, and 1 bathroom. The upstairs unit features a living room, kitchen, 2 large bedrooms, and 1 bathroom. Both units have their own washer/dryer hookups and separate electric meters. The triplex, located at 103 Moberly Ave., features custom-built tall closet doors, decorative ceiling beams, elegant light fixtures, and generously sized bedrooms. Each of the two-bedroom units (one downstairs and one upstairs) includes 2 bathrooms. Additionally, there is a spacious one-bedroom unit upstairs with a balcony. Each unit has its own electric and water meters. The property is situated on a 0.41-acre lot and the total property size is 4940 square feet. The gross income last year was $62,000. The duplex is currently being used as an airbnb and the triplex is a traditional rental.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.291953
    Latitude
    37.751422

    Nearby Similar for Sale

    • $4,400,000
      2.17 Acres

      Profitable Restaurant Investment Opportunity

      Turnkey restaurant in high-traffic location near EKU.
      240 Eastern Pass, Richmond, KY 40475
      View Details
    • $299,000
      Pending

      Richmond Commercial Property with Updates

      Updated commercial property featuring spacious rooms and park-like backyard.
      454 Big Hill Ave, Richmond, KY 40475
      View Details
    • $875,000
      5,100 SF

      Converted Warehouse with Income Potential

      Unique mixed-use property in downtown Richmond with residential and commercial spaces.
      105 E St, Richmond, KY 40475
      View Details
    • $315,000
      1,231 SF

      Richmond Commercial Property with Workshop

      Richmond property featuring a house and office/workshop space.
      314 N 2Nd St, Richmond, KY 40475
      View Details
    • $359,900
      2,800 SF

      Richmond Kentucky Multifamily Investment Property

      Well-kept fourplex near Eastern Kentucky University with income potential.
      228 Magnolia Dr, Richmond, KY 40475
      View Details
    • $385,000
      1,784 SF

      Richmond Commercial Opportunity Near Downtown

      Former bar near downtown Richmond with commercial potential and expansion.
      525 E Irvine St, Richmond, KY 40475
      View Details

    FAQs

    What type of property is this?
    Apartment building - Duplex and Triplex with updated units and separate meters.
    Where is this apartment building located?
    The property is located at 413 Moberly Ave Richmond, KY.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: - Substantial Gross Income: $62,000 gross income last year indicates strong income potential.; - Investment Opportunity: Property features both a duplex and a triplex for diverse rental income streams.; - Updated Units: Both the duplex and triplex feature updated kitchens and bathrooms.
    (502) 554-9500
    Request Owner's contact information
    413 Moberly Ave Richmond, KY 40475
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    413 Moberly Ave
    Richmond, KY 40475
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    413 Moberly Ave Richmond, KY 40475
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.