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Two-Story Duplex with Flexible Tenancies
For Sale
$280,000

226 Hallie Irvine Street, Richmond, KY 40475

Both units have month-to-month occupancy, supporting current rental use while preserving flexibility for future changes.

Property SizeContact for details
Days on Market163

Property Features for 226 Hallie Irvine Street

General Information

Standard status Active
Property subtype Duplex

Amenities

Heat Pump
Electric
Electricity Connected, Sewer Connected, Water Connected, Shingle

Building Details

Year Built 2003
Stories 2
Listing Agency: KW Legacy Group
Listed By: Daniel Brown · License #282224
Source: Kw
Added: Apr 1 Changed: Sep 8 Last Checked: Sep 9 at 8:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Legacy Group

Investment Insights

Based on property information with market context.

Built in 2003, this duplex includes two spacious two-story units with electric service and heat-pump systems. Each side is occupied under a month-to-month lease, providing existing rental use while retaining flexibility for updates, repositioning, or owner occupancy. Connected water, sewer, and electricity support the property, with shingle exterior construction.

The property is located at 226 Hallie Irvine Street in Richmond, Kentucky, minutes from Eastern Kentucky University, downtown Richmond, shopping, dining, and daily amenities. Its two-unit configuration supports rental income from both residences or an owner-occupant arrangement with one unit occupied and the other leased.

Key Highlights

  • Duplex with two spacious two‑story units
  • Both units occupied under month‑to‑month leases
  • Built in 2003

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Food Market Furniture & Home Goods Garden Center

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

878
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
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Frequently Asked Questions

What type of property is this?
Duplex - Both units have month-to-month occupancy, supporting current rental use while preserving flexibility for future changes.
Where is this duplex located?
The property is located at 226 Hallie Irvine Street Richmond, KY.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Duplex with two spacious two‑story units; Both units occupied under month‑to‑month leases; Built in 2003
More about this property
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