Income-Generating Duplex with
1028 Merrick Richmond, KY 40475
For Sale
Contact for pricing
Two separately metered units each with pull-down attic access and rear storage building; city water and sewer and all-electric.
Property Size2,350 SF
Price / SF$127.66
Days on Market83
Property Features for 1028 Merrick
General Information
- Standard status
- Active
- Size
- 2,350 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1999
Listing Agency:
eXp Realty, LLC
(931) 367-1584
Listed By:
MaKenzie Griffis · License #373232
Source:
Crexi
Added: May 4
Changed: Jul 20
Last Checked: Jul 24 at 6:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
This duplex consists of two separate living units with individual utility metering. Side 1 has been remodeled and is leased month-to-month. Side 2 offers approximately 1,100 sq ft and is currently leased on a year-long lease. Each unit is all-electric and serviced by city water and sewer, with tenants responsible for electric, water, and trash.
The property includes exterior bay windows on both sides, stonework detailing with keystones above the windows, and a laser-engraved address in stone. HVAC systems for both units were replaced in September 2018.
A rear storage building provides space for lawn equipment, and both units include pull-down attic stair access for additional storage. There is no HOA. The property is located in Richmond, KY near Eastern Kentucky University, local shopping, dining, and healthcare facilities.
The property includes exterior bay windows on both sides, stonework detailing with keystones above the windows, and a laser-engraved address in stone. HVAC systems for both units were replaced in September 2018.
A rear storage building provides space for lawn equipment, and both units include pull-down attic stair access for additional storage. There is no HOA. The property is located in Richmond, KY near Eastern Kentucky University, local shopping, dining, and healthcare facilities.
Key Highlights
- Duplex built in 1999 with two separately metered units for electric and water
- Side 1 approx. 1,250 sq ft is remodeled and leased month‑to‑month
- Side 2 approx. 1,100 sq ft is year‑long leased and offers opportunity for updates
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two separately metered units each with pull-down attic access and rear storage building; city water and sewer and all-electric.
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: Duplex built in 1999 with two separately metered units for electric and water; Side 1 approx. 1,250 sq ft is remodeled and leased month‑to‑month; Side 2 approx. 1,100 sq ft is year‑long leased and offers opportunity for updates
