Leased Duplex with Two
For Sale
$224,900
316 Moberly Avenue, Richmond, KY 40475
Residential Income, Richmond, KY
Property Size2,152 SF
Lot Size0.13 Acres
Price / SF$104.51
Days on Market58
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
Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1
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: Oct 2
Last Checked: Oct 2 at 10:06PM
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 1972 duplex contains approximately 2,152 square feet across two leased residences. The unit mix includes one apartment with 1 bedroom and 1 bathroom, plus a second apartment with 4 bedrooms and 2 bathrooms. The landlord currently pays all utilities, and the property is configured for continued residential rental use. Natural gas forced-air heating, electric cooling, and a shingle roof serve the building.
The property is located at 316 Moberly Avenue in Richmond, near downtown and within convenient reach of shopping, dining, EKU, and other area amenities. The 0.1279-acre parcel carries R-1C zoning and is positioned in Madison County’s 40475 postal area.
The property is located at 316 Moberly Avenue in Richmond, near downtown and within convenient reach of shopping, dining, EKU, and other area amenities. The 0.1279-acre parcel carries R-1C zoning and is positioned in Madison County’s 40475 postal area.
Key Highlights
- Two leased residential units with a combined approximately 2,152 square feet
- Unit mix includes 1 bedroom/1 bathroom and 4 bedrooms/2 bathrooms
- R‑1C zoning on a 0.1279‑acre parcel
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - The property combines a one-bedroom unit with a four-bedroom unit under existing leases.
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 residential units with a combined approximately 2,152 square feet; Unit mix includes 1 bedroom/1 bathroom and 4 bedrooms/2 bathrooms; R‑1C zoning on a 0.1279‑acre parcel
