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Duplex with Two Spacious Two-Bedroom Units
For Sale
$269,900
Pending

103 Purcell Drive, Richmond, KY 40475

MULTI_FAMILY - Richmond, KY

Property Size1,715 SF
Lot Size0.21 Acres
Days on Market269

Property Features for 103 Purcell Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Laundry Room, Bedroom 4, Bedroom 1
Subdivision Eastern Hills
Elementary school Kit Carson
Middle school Madison Mid
High school Madison Central
Elementary school district Madison County - 8
Middle school district Madison County - 8
High school district Madison County - 8
Directions Exit 87 to the Bypass. Left on N Killarney. Right on Barnes Mill. Left on Eastern Hills. Right on Purcell
Standard status Pending
APN R002-0006-0029
Size 1,715 SF
Lot size 0.21 Acres

Utilities

Heating system Electric (Heating)
Cooling system Central Air

Building Details

Year built 1974
Number of units 2
Listing Agency: The Real Estate Co.
Listed By: Kim Caywood · License #266856
Added: Nov 10, 2025 Changed: Jul 31 Last Checked: Aug 6 at 6:06PM
MLS# 25505816

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 well-maintained duplex offers two spacious two-bedroom, one-bath units, all on one level. The property is fully occupied. Each unit includes a nice yard and has been well cared for.

The duplex is located at 103 Purcell Drive in Richmond, Kentucky (Madison County). It provides convenient access to EKU, Baptist Health, Richmond Centre, and I-75, supporting easy connectivity to shopping, dining, and major area amenities.

Built in 1974, the duplex totals 1,715 square feet on a 0.21-acre lot. Heating is electric, and cooling is central air, helping support comfortable day-to-day living for both units.

Key Highlights

  • Two two‑bedroom, one‑bath units all on one level
  • Property is fully occupied
  • Each unit includes a nice yard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Pharmacy Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with two spacious two-bedroom, one-bath units on one level, fully occupied.
Where is this duplex located?
The property is located at 103 Purcell Drive Richmond, KY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two two‑bedroom, one‑bath units all on one level; Property is fully occupied; Each unit includes a nice yard
More about this property
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