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6-Unit Triplex Property

2012-2022 Dolly Drive, Richmond, KY 40475

For Sale
$1,350,000

Residential Income, Richmond, KY

Property Size1,600 SF
Lot Size0.66 Acres
Price / SF$843.75
Days on Market15

Property Features for 2012-2022 Dolly Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3
Subdivision Ash Park
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 From the by-pass, turn left onto Greathouse Dr. Go to the end of the road and on to Judah Bear. Go approximately .2 miles and turn right on Dolly Drive. The six units are on the right.
Standard status Active
APN 0068-0006-0073
Size 1,600 SF
Lot size 0.66 Acres

Additional Details

Tenant in Place Yes

Utilities

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

Building Details

Year built 2023
Buildings 2
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Mary Pepper Johnstone
Added: Oct 30 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 26030045

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.

Rey
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Investment Insights

Based on property information with market context.

This Richmond property comprises two triplex buildings on a 0.66-acre site. Completed in 2023, the six residences share the same floor plan, with three bedrooms, two full bathrooms, and a primary bedroom on the first floor. All six units are leased. A management company oversees four of them.

Key Highlights

  • Two triplex buildings with six leased residences
  • Built in 2023 on a 0.66‑acre site
  • Each residence has 3 bedrooms, 2 full bathrooms, and a first‑floor primary bedroom

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

184
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All residences are leased, with matching three-bedroom layouts and first-floor primary bedrooms.
Where is this triplex located?
The property is located at 2012-2022 Dolly Drive Richmond, KY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two triplex buildings with six leased residences; Built in 2023 on a 0.66‑acre site; Each residence has 3 bedrooms, 2 full bathrooms, and a first‑floor primary bedroom
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