Residential Income

Madison County, KY Residential Income Properties for Sale

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20 properties
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Duplex with Attached Garages
Updated: Jun 19
Duplex with Attached Garages

206 Aqueduct Drive, Richmond, KY 40475

$379,900
3,239 sqft · 0.29 AC lot
Built in 1993: conventional duplex with 6 bedrooms and 3.2 bathrooms
Two 2‑car attached garages add 616 SF
Each unit maintained a 100% occupancy rate since construction
Heating: forced air and heat pump; cooling: central air; roof: shingle
Reinforced heavy‑duty firewall for secure privacy between units
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Berea Fourplex with Recent Updates
Updated: Mar 12
Berea Fourplex with Recent Updates

907 Weeping Willow Drive, Berea, KY 40403

$590,000
4,512 sqft · 0.31 AC lot
Well‑maintained four‑plex in Berea built in 2005
Unit mix: two 2‑bedroom, 1.5‑bath units plus two 3‑bedroom, 2.5‑bath townhome‑style units
2023 roof with transferable 10‑year warranty
Video security system plus extensive interior updates across units, including newer HVAC, water heaters, flooring, doors, windows, bath fixtures, and appliances
Heating includes heat pump and electric; cooling is electric
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Duplex with Garage
Duplex with Garage

812 Ridgewood Drive, Berea, KY 40403

$250,000
2,294 sqft · 0.23 AC lot

For-sale duplex near I-75 and the Hitachi Plant, offering on-site garages and long-term tenancy.

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Three-Bedroom Duplex Investment
Three-Bedroom Duplex Investment

821 Ridgewood Drive, Berea, KY 40403

$299,999
2,880 sqft · 0.24 AC lot

Duplex with recent improvements including a 2023 metal roof and updated flooring across both units.

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Brick Duplex with Large Yards
Brick Duplex with Large Yards

655-659 Scaffold Cane Road, Berea, KY 40403

$279,900
2,072 sqft · 0.35 AC lot

Two well-appointed units offer vaulted living rooms, in-unit laundry, and spacious level yards for flexible occupancy.

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Leased Duplex Income Property
Leased Duplex Income Property

1045 Merrick Drive, Richmond, KY 40475

$299,000
2,676 sqft · 0.18 AC lot

Two-unit duplex with separate bedroom and bathroom configurations, fully leased and offered turnkey as-is.

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Versatile Mixed-Use Property, Richmond, KY
Versatile Mixed-Use Property, Richmond, KY

1305 Lancaster Road, Richmond, KY 40475

$475,000
5,571 sqft · 0.88 AC lot

Mixed-use property with commercial space and residential apartment.

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Turnkey Duplex Income Property
Turnkey Duplex Income Property

1048 Merrick Drive, Richmond, KY 40475

$299,000
2,320 sqft · 0.19 AC lot

Two leased units offer a straightforward, turnkey duplex setup for income-focused buyers.

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Income Duplex with Two 2BR Units
Income Duplex with Two 2BR Units

214 Valley Street, Richmond, KY 40475

$235,000
1,800 sqft · 0.22 AC lot

Fully occupied duplex with central heat and air, updated windows and flooring, and recent exterior improvements for steady rental operations.

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Duplex with Two 2BR Units
Duplex with Two 2BR Units

216 Valley Street, Richmond, KY 40475

$235,000
1,800 sqft · 0.24 AC lot

Two side-by-side 2-bedroom, 1-bath units with washer/dryer hookups and vinyl windows about six years old.

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Downtown Richmond Mixed-Use Opportunity
Downtown Richmond Mixed-Use Opportunity

204-206 S 3rd Street, Richmond, KY 40475

$579,000
9,763 sqft · 0.19 AC lot

Mixed-use property with commercial income and residential upside.

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Income Duplex with Separate Utilities
Income Duplex with Separate Utilities

1028 Merrick, Richmond, KY 40475

$335,000
2,350 sqft · 0.22 AC lot

Two separate units are separately metered for electric and water, supporting tenant-paid utilities and flexible occupancy.

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Multi-Family Residential Property
Multi-Family Residential Property

245-D Sunset Avenue, Richmond, KY 40475

$389,900
2,146 sqft · 0.20 AC lot

For sale multi-family residence in Richmond, Kentucky, offering an income-oriented housing option on a small lot.

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Richmond Mixed-Use Investment Opportunity
Richmond Mixed-Use Investment Opportunity

107 N Killarney Lane, Richmond, KY 40475

$649,900
2,200 sqft · 0.60 AC lot

Mixed-use property with retail space and apartments for sale.

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Turnkey Duplex Income Property
Turnkey Duplex Income Property

118 Central Avenue, Berea, KY 40403

$286,000
2,248 sqft · 0.17 AC lot

Turnkey duplex with two leased 3BR/1.5BA units and recent energy-efficient upgrades for steady rental operations.

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Three Duplex Income Property
Three Duplex Income Property

156 Hager Avenue, Richmond, KY 40475

$660,000
2,400 sqft · 0.17 AC lot

For-sale package of three duplexes, each with laundry hookups, rear decks, and individual basements.

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Richmond, KY Multi-Use Investment
Richmond, KY Multi-Use Investment

301 Steep Street, Richmond, KY 40475

$450,000
4,406 sqft · 0.47 AC lot

Multi-use property in Richmond, KY with income potential.

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Richmond KY Duplex For Sale
Richmond KY Duplex For Sale

101 Purcell Drive, Richmond, KY 40475

$269,900
1,636 sqft · 0.22 AC lot

Well-maintained duplex near EKU with great rental income potential.

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Richmond, KY Duplex Investment
Richmond, KY Duplex Investment

103 Purcell Drive, Richmond, KY 40475

$269,900
1,715 sqft · 0.21 AC lot

Well-maintained duplex near EKU, Baptist Health, and I-75.

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Richmond Kentucky Duplex For Sale
Richmond Kentucky Duplex For Sale

105 Purcell Drive, Richmond, KY 40475

$269,900
1,636 sqft · 0.20 AC lot

Well-maintained duplex near EKU, Baptist Health, and Richmond Centre.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Madison County, KY, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

Off-Market Properties in Madison County, KY

Consider similar Off-Market properties in Madison County, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Boonesborough Rd
MOBILE HOME PARK, TRAILER PARK

Boonesborough Rd, Richmond, KY 40475

$750,000
Estimated value
14.45 AC lot
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Mt Vernon Rd
MOBILE HOME PARK, TRAILER PARK

Mt Vernon Rd, Berea, KY 40403

Value Estimation by Request
1,422 sqft · 1.01 AC lot
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308 Spangler Dr
APARTMENT HOUSE (UNDER 5 UNITS)

308 Spangler Dr, Richmond, KY 40475-2383

Value Estimation by Request
4,224 sqft · 0.46 AC lot
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719 Marietha Dr
APARTMENT HOUSE (UNDER 5 UNITS)

719 Marietha Dr, Richmond, KY 40475-2091

$1,810,000
Estimated value
3,566 sqft
View details

Madison County, KY Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Madison County, KY, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 59,664 square feet of properties for sale, with an estimated market value of $7,502,299.

Sale prices for residential income properties in Madison County, KY start at $235,000, averaging $375,114, and reaching up to $660,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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