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    Turnkey Duplex Income Property Title is generated by Realmo AI

    1048 Merrick Drive, Richmond, KY 40475

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    Claim this Listing
    New
    For Sale
    $299,000

    MULTI_FAMILY - Richmond, KY

    Property size:
    2,320 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $128/SF
    Added:
    Jun 19, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 20 at 3:06 pm

    Property Features for 1048 Merrick Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 2
    Standard status
    Active
    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

    We can help!

    Listing Contact
    Chris M Johnson
    Chris M Johnson

    Listing agent Chris M Johnson

    Listing office Plum Tree Realty 2333 Alexandria Drive, West Chester, KY

    Listing date Jun 19, 2026

    MLS# 26014320 Listing URL

    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.

    HighLights

    • Duplex built in 1999 with two leased units (sold as is)
    • Unit A: 3 bedrooms and 1.5 bathrooms; currently leased
    • Unit B: 3 bedrooms and 1.5 bathrooms; currently leased
    • Central air cooling and electric heating
    • Listing includes a total of 6 bedrooms and 4.5 bathrooms across both units

    Overview

    This turnkey duplex for sale includes two separate units. Unit A is configured with 3 bedrooms and 1.5 bathrooms, while Unit B offers 3 bedrooms and 1.5 bathrooms. The property is being sold as-is and all units are currently leased.

    The duplex is located at 1048 Merrick Drive in Richmond, Kentucky 40475, in Madison County. The listing is presented as a direct ownership opportunity, with the existing leasing situation in place.

    For buyers seeking a residential income property, the fully leased status and clear two-unit layout can support an owner who wants to acquire a functioning duplex rather than starting from an unoccupied scenario. Because the sale is as-is, prospective purchasers should plan to evaluate the property condition and any operational considerations during due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.276011
    Latitude
    37.752689

    FAQs

    What type of property is this?
    Duplex - Two leased units offer a straightforward, turnkey duplex setup for income-focused buyers.
    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 $299,000.
    What are key features of this property?
    This property features: Duplex built in 1999 with two leased units (sold as is); Unit A: 3 bedrooms and 1.5 bathrooms; currently leased; Unit B: 3 bedrooms and 1.5 bathrooms; currently leased
    More about this property
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