Duplex with Month-to-Month
For Sale
$289,900
Pending
1048 Merrick Drive, Richmond, KY 40475
Residential Income, Richmond, KY
Property Size2,320 SF
Lot Size0.19 Acres
Days on Market96
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
Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
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: Sep 12
Last Checked: Sep 22 at 2:06PM
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 1999 duplex contains 2,320 square feet on a 0.1938-acre lot. Each unit offers three bedrooms and one and one-half bathrooms, creating a consistent two-unit layout. The property includes central air conditioning and electric heating, and it is being sold as-is.
Both units are currently leased on a month-to-month basis. The property is located at 1048 Merrick Drive in Richmond, Kentucky, within Madison County and ZIP Code 40475. Its duplex configuration, matching unit layouts, and existing tenancy provide a straightforward residential income property profile.
Both units are currently leased on a month-to-month basis. The property is located at 1048 Merrick Drive in Richmond, Kentucky, within Madison County and ZIP Code 40475. Its duplex configuration, matching unit layouts, and existing tenancy provide a straightforward residential income property profile.
Key Highlights
- Two‑unit duplex with matching three‑bedroom, one‑and‑one‑half‑bath layouts
- 2,320 square feet on a 0.1938‑acre lot
- Built in 1999
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences provide three bedrooms and one and one-half baths, with central air and electric heating.
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: Two‑unit duplex with matching three‑bedroom, one‑and‑one‑half‑bath layouts; 2,320 square feet on a 0.1938‑acre lot; Built in 1999
