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Three-Bedroom Duplex
For Sale
$299,900
Pending

217 Mcdaniel Drive, Richmond, KY 40475

Residential Income, Richmond, KY

Property Size2,772 SF
Lot Size0.15 Acres
Days on Market56

Property Features for 217 Mcdaniel Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Laundry Room, Bathroom 3, Bedroom 3, Bedroom 2
Subdivision Killarney Hgts
Elementary school Richmond City
Middle school Madison Central
High school Madison Central
Elementary school district Madison County - 8
Middle school district Madison County - 8
High school district Madison County - 8
Directions From Lexington, take I-75 South toward Richmond. Take Exit 90A toward Richmond and merge onto US-25 S/US-421 S (Lexington Road). Continue toward Richmond and follow to McDaniel Drive. Turn onto McDaniel Drive; property will be at 217 McDaniel Drive.
Standard status Pending
APN R002-0014-0008
Size 2,772 SF
Lot size 0.15 Acres

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1985
Listing Agency: Lifstyl Real Estate
Listed By: M Scott Peace · License #240444
Added: Aug 13 Changed: Sep 12 Last Checked: Oct 7 at 7:06PM
MLS# 26021988

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.

Built in 1985, this duplex contains two three-bedroom, two-bath units totaling approximately 2,772 square feet. Both residences include central air, forced-air heating, laundry space, and off-street parking. The layout provides separate living areas within a compact multifamily property on 0.1493 acres.

One unit is leased and generating rental income, while the second is vacant and available for an owner-occupant. The property is in Richmond, with access to shopping, restaurants, Eastern Kentucky University, and I-75.

Key Highlights

  • Two 3‑bedroom, 2‑bath units totaling approximately 2,772 square feet
  • One unit is leased and producing income; the second is vacant
  • Central air and forced‑air heating in both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Locksmith Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring 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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

685
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 - One unit is leased, while the other is vacant and configured for owner occupancy.
Where is this duplex located?
The property is located at 217 Mcdaniel Drive Richmond, KY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units totaling approximately 2,772 square feet; One unit is leased and producing income; the second is vacant; Central air and forced‑air heating in both units
More about this property
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