Search
Two-Unit Duplex with Separate Layouts
For Sale
$275,000
Pending

325 S 3rd Street, Richmond, KY 40475

Residential Income, Richmond, KY

Property Size3,360 SF
Lot Size0.29 Acres
Days on Market49

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 5, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
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 Pending
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
Listed By: M Scott Peace · License #240444
Added: Jul 30 Changed: Sep 12 Last Checked: Sep 16 at 9:06AM
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.

This two-unit duplex contains 3,360 square feet on a 0.294-acre lot. The upper residence provides 3 bedrooms and 2 bathrooms, while the lower residence includes 2 bedrooms and 1 bathroom. The property was built in 1950 and features central air, electric heat, and a shingle roof.

Located in Richmond near Eastern Kentucky University and downtown, the property is also close to shopping, restaurants, and campus. The duplex may be acquired together with the neighboring properties at 321 S. 3rd St. and 321 1/2 S. 3rd St., creating an expanded multi-property purchase option.

Key Highlights

  • Two‑unit duplex with 3‑bedroom, 2‑bath upper residence and 2‑bedroom, 1‑bath lower residence
  • 3,360 square feet on a 0.294‑acre lot
  • Central air and electric heating

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Carpet & Flooring Store Garden Center Home Appliance 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

Location Intelligence

Trade Area within ½ mile

835
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
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 - Duplex with a three-bedroom upper residence and a two-bedroom lower residence near EKU, downtown, shopping, and restaurants.
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: Two‑unit duplex with 3‑bedroom, 2‑bath upper residence and 2‑bedroom, 1‑bath lower residence; 3,360 square feet on a 0.294‑acre lot; Central air and electric heating
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message