Well-Maintained
New
For Sale
$275,000
325 S 3rd Street, Richmond, KY 40475
MULTI_FAMILY - Richmond, KY
Property Size3,360 SF
Lot Size0.29 Acres
Price / SF$81.85
Days on Market2
Property Features for 325 S 3rd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4
Subdivision
Downtown
Elementary school
Daniel Boone
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 to Exit 90A toward Downtown Richmond. Continue on Lexington Rd/W Main St, turn left onto S 3rd St. Property is on the left at 325 S 3rd St.
Standard status
Active
APN
R006-0011-0013
Size
3,360 SF
Lot size
0.29 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1950
Roof type
Shingle
Listing Agency:
Lifstyl Real Estate
(859) 278-7501
Listed By:
M Scott Peace · License #240444
(512) 921-2794
Added: Jul 30
Last Checked: Jul 31 at 3:06PM
MLS# 26020390
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.
Well-maintained duplex at 325 S 3rd Street in Richmond, Kentucky. The property sits on a 0.294-acre lot and includes 3,360 square feet under roof. Built in 1950, the duplex has a shingle roof with electric heating and central air.
The upper unit features three bedrooms and two bathrooms and is currently rented. The lower unit offers two bedrooms and one bathroom and is also currently rented, supporting immediate income while keeping the opportunity for future adjustments.
This is a practical two-unit setup for an owner-occupant or investor seeking a managed, manageable multifamily format in Richmond.
The upper unit features three bedrooms and two bathrooms and is currently rented. The lower unit offers two bedrooms and one bathroom and is also currently rented, supporting immediate income while keeping the opportunity for future adjustments.
This is a practical two-unit setup for an owner-occupant or investor seeking a managed, manageable multifamily format in Richmond.
Key Highlights
- 0.294‑acre lot with 3,360 SF total building area
- Upper unit: 3 bedrooms, 2 bathrooms, currently rented
- Lower unit: 2 bedrooms, 1 bathroom, currently rented
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
835
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex on a 0.294-acre lot with electric heat, central air, and a shingle roof.
Where is this duplex located?
The property is located at 325 S 3rd Street Richmond, KY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 0.294‑acre lot with 3,360 SF total building area; Upper unit: 3 bedrooms, 2 bathrooms, currently rented; Lower unit: 2 bedrooms, 1 bathroom, currently rented
