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Three-Duplex Multifamily Property
For Sale
$660,000

156 Hager Avenue, Richmond, KY 40475

MULTI_FAMILY - Richmond, KY

Property Size2,400 SF
Lot Size0.17 Acres
Price / SF$275
Days on Market260

Property Features for 156 Hager Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description UC-1
Bedrooms 18
Bathrooms 9
Full bathrooms 6
Half bathrooms 6
Rooms Bedroom 18, Bathroom 12, Bedroom 2, Bedroom 15, Bathroom 1, Bedroom 14, Bedroom 9, Bedroom 10, Bedroom 5, Bathroom 9, Bathroom 6, Bedroom 8, Bathroom 11, Bedroom 3, Bathroom 5, Bathroom 4, Bathroom 10, Bedroom 7, Bedroom 4, Bedroom 17, Bedroom 12, Bedroom 11, Bathroom 3, Bathroom 2, Bedroom 1, Laundry Room, Bedroom 6, Bedroom 13, Bathroom 7, Bathroom 8, Bedroom 16
Parking 4
Subdivision Brocklyn
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 Take Barns Mill Road west past Myers to Left on Hager Drive, Duplexes . Please do not disturb tenants. 156== 158== 160
Standard status Active
APN 0428-0001-0034 0428-0001-0033 0428-0001-0032
Size 2,400 SF
Lot size 0.17 Acres

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air

Building Details

Year built 1979
Floors in Building 3
Number of units 6
Roof type Composition
Listing Agency: Freedom Property Management, LLC
Listed By: Sheila Mcbride · License #245938
Added: Dec 5, 2025 Changed: Aug 5 Last Checked: Aug 22 at 11:06AM
MLS# 25507462

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 multifamily offering consists of three duplexes: 156, 158, and 160 Hager Drive, Richmond, KY. The property is built in 1979 and features central air with electric/heat pump heating and a composition roof. Each side includes laundry hookups, rear decks, and a layout with 3 bedrooms and 1.5 baths. Each side also has an individual basement (900 SF) plus additional interior space with a 1200 SF main floor and a 1200 SF bedroom level.

Tenants pay electric. The landlord pays for 2 of 3 water, with 1 meter per side. The property is being sold as is, and inspections are welcomed.

Overall, the configuration provides three separate duplex buildings for an owner looking for established rental housing with long-term occupants, with each side functioning independently.

Key Highlights

  • Three duplexes at 156, 158, and 160 Hager Drive
  • Built in 1979 with central air and heat pump/electric heat
  • Composition roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Building Supply (Bike/Boat/Book/etc) Store Catering Service Daycare Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

130
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?
Apartment building - Three duplexes built in 1979 with central air, heat pump/electric heat, and tenant-paid electric.
Where is this apartment building located?
The property is located at 156 Hager Avenue Richmond, KY.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Three duplexes at 156, 158, and 160 Hager Drive; Built in 1979 with central air and heat pump/electric heat; Composition roof
More about this property
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