Fully Leased
For Sale
$224,900
316 Moberly Avenue, Richmond, KY 40475
MULTI_FAMILY - Richmond, KY
Property Size2,152 SF
Lot Size0.13 Acres
Price / SF$104.51
Days on Market11
Property Features for 316 Moberly Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1C
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
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
North 2nd Street to Moberly Avenue, Property on the left
Subdivision
008 - Madison County
Standard status
Active
APN
R007-0018-0008
Size
2,152 SF
Lot size
0.13 Acres
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Electric
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Roof type
Shingle
Listing Agency:
The Polley Group
(859) 376-5753
Listed By:
Austin Polley · License #305402
(859) 338-2351
Added: Aug 6
Changed: Aug 14
Last Checked: Aug 16 at 2:06PM
MLS# 26021431
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 duplex contains two leased residences totaling approximately 2,152 square feet. The unit mix includes one residence with 1 bedroom and 1 bathroom and a second with 4 bedrooms and 2 bathrooms, providing a combined five-bedroom, three-bathroom layout. Built in 1972, the property has forced-air natural gas heat, electric cooling, and a shingle roof. R-1C zoning and a 0.1279-acre lot support its residential income-property profile.
Located at 316 Moberly Avenue in Richmond, the property is near downtown, shopping, dining, Eastern Kentucky University, and other area amenities. Both units are occupied under existing leases, allowing a new owner to acquire an operating rental property rather than begin with vacant space.
Located at 316 Moberly Avenue in Richmond, the property is near downtown, shopping, dining, Eastern Kentucky University, and other area amenities. Both units are occupied under existing leases, allowing a new owner to acquire an operating rental property rather than begin with vacant space.
Key Highlights
- Two leased units totaling approximately 2,152 square feet
- Unit mix includes 1 bedroom/1 bathroom and 4 bedrooms/2 bathrooms
- Fully occupied duplex at 316 Moberly Avenue, Richmond, KY 40475
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units offer an established residential rental configuration near downtown Richmond.
Where is this duplex located?
The property is located at 316 Moberly Avenue Richmond, KY.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Two leased units totaling approximately 2,152 square feet; Unit mix includes 1 bedroom/1 bathroom and 4 bedrooms/2 bathrooms; Fully occupied duplex at 316 Moberly Avenue, Richmond, KY 40475
