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3-Duplex Multifamily Property
For Sale
$660,000

156 Hager Avenue, Richmond, KY 40475

Residential Income, Richmond, KY

Property Size2,400 SF
Lot Size0.17 Acres
Price / SF$275
Days on Market306

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 17, Bedroom 2, Bathroom 1, Bathroom 12, Bathroom 5, Bedroom 3, Bedroom 14, Bathroom 4, Bedroom 10, Bedroom 12, Bathroom 2, Bedroom 15, Bedroom 6, Bathroom 3, Bathroom 10, Bathroom 9, Bedroom 11, Bedroom 18, Bedroom 8, Bathroom 7, Bathroom 11, Laundry Room, Bathroom 6, Bathroom 8, Bedroom 1, Bedroom 4, Bedroom 13, Bedroom 16, Bedroom 5, Bedroom 7, Bedroom 9
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 Electric (Heating), Heat Pump (Heating)
Cooling system Central Air

Amenities

laundry hookups
rear decks

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: Oct 2 Last Checked: Oct 7 at 2:06PM
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 property includes 3 duplexes, with each side configured for 3 bedrooms and 1.5 baths. Individual basements, laundry hookups, and rear decks add functional space to each unit. The buildings were constructed in 1979 and feature electric heating, heat pumps, central air, and composition roofs.

The property is located in Richmond, Kentucky, and is offered in as-is condition with inspections welcomed. Occupancy includes long-term renters with reported tenancies ranging from 3 to 15 years. Tenants pay electric service, while the landlord pays water for 2 of the 3 buildings. Each building has 1 water meter.

Key Highlights

  • 3 duplexes included in the offering
  • Each side has 3 bedrooms and 1.5 baths
  • Individual basements, laundry hookups, and rear decks

Property Analytics

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Current Use

Duplexes

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.

Lease Details

6
Residential units
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multifamily holding with individual basements, laundry hookups, and rear decks.
Where is this duplex 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: 3 duplexes included in the offering; Each side has 3 bedrooms and 1.5 baths; Individual basements, laundry hookups, and rear decks
More about this property
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