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    Madison County, KY Residential Income Properties for Sale

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    Louisville, KY Bowling Green, KY Lexington, KY
    21 results
    Versatile Mixed-Use Property, Richmond, KY
    $475,000
    5,571 SF

    Versatile Mixed-Use Property, Richmond, KY

    1305 Lancaster Road, Richmond, KY 40475

    Mixed-use property with commercial space and residential apartment.

    • Versatile mixed‑use property suitable for business and residential living.
    • Prime location with excellent visibility and accessibility, backing up to the new Model school and close to EKU campus.
    • Private 3‑bedroom, 2‑bath residential apartment with separate entrance, ideal for owner‑occupancy or rental income.
    • Basement with potential for renovation into another apartment or business space.
    • Large 3‑car garage with unfinished room above, offering additional space.
    Updated: Mar 24
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    Richmond Multifamily Investment Opportunity
    $545,000
    3,731 SF

    Richmond Multifamily Investment Opportunity

    249 Evansdale Avenue, Richmond, KY 40475

    Portfolio of three properties with five total rental units.

    • Portfolio of THREE properties with FIVE total rental units provides immediate and stable income.
    • Duplex features two spacious 3‑bedroom, 1‑bath units, both currently rented.
    • Recent major improvements to the duplex include a roof replacement in October 2023 and HVAC system replacements in recent years.
    • Includes a vacant 2‑bedroom, 1‑bath unit, previously rented for $1,100/month, offering owner‑occupant potential or additional income.
    • Select units have been recently updated with vinyl plank flooring and fresh interior paint.
    Updated: Mar 5
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    Berea Fourplex with Recent Updates
    $590,000
    4,512 SF

    Berea Fourplex with Recent Updates

    Well-maintained fourplex in Berea with recent capital improvements.

    907 Weeping Willow Drive, Berea, KY 40403
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    Berea Fourplex with Recent Upgrades
    $590,000
    4,660 SF

    Berea Fourplex with Recent Upgrades

    Investor-friendly fourplex in Berea with consistent interior upgrades.

    913 Weeping Willow Drive, Berea, KY 40403
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    Downtown Richmond Mixed-Use Opportunity
    $579,000
    9,763 SF

    Downtown Richmond Mixed-Use Opportunity

    Mixed-use property with commercial income and residential upside.

    204-206 S 3rd Street, Richmond, KY 40475
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    Income-Producing Duplex in Richmond, KY
    $239,900
    1,800 SF

    Income-Producing Duplex in Richmond, KY

    Fully occupied duplex near Richmond Bypass with strong rental demand.

    216 Valley Street, Richmond, KY 40475
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    Income-Producing Duplex in Richmond, KY
    $239,900
    1,800 SF

    Income-Producing Duplex in Richmond, KY

    Fully occupied duplex with value-add potential in Richmond, Kentucky.

    214 Valley Street, Richmond, KY 40475
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    Converted Warehouse with Income Potential
    $799,500
    5,100 SF

    Converted Warehouse with Income Potential

    Mixed-use property in downtown Richmond with residential and commercial spaces.

    105 E Street, Richmond, KY 40475
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    Richmond, KY Duplex For Sale
    $330,000
    2,652 SF

    Richmond, KY Duplex For Sale

    Duplex with income potential near I-75, shopping, and EKU.

    1096 Merrick Drive, Richmond, KY 40475
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    Richmond Duplex: Income Potential
    $299,999
    2,350 SF

    Richmond Duplex: Income Potential

    Income-producing duplex in Richmond, KY, near EKU and amenities.

    1028 Merrick, Richmond, KY 40475
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    Berea Multifamily Investment Opportunity
    $299,999
    2,880 SF

    Berea Multifamily Investment Opportunity

    Three-bedroom investment property near I-75 in Berea, Kentucky.

    821 Ridgewood Drive, Berea, KY 40403
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    Richmond Mixed-Use Investment Opportunity
    $649,900
    2,200 SF

    Richmond Mixed-Use Investment Opportunity

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

    107 N Killarney Lane, Richmond, KY 40475
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    Updated Quadruplex with Strong Occupancy
    $329,000
    3,416 SF

    Updated Quadruplex with Strong Occupancy

    Turnkey investment property with updated units and income potential.

    118 Salter Road, Berea, KY 40403
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    Berea Quadplex Investment Opportunity
    $329,000
    3,294 SF

    Berea Quadplex Investment Opportunity

    Well-maintained quadplex with income potential in Berea, Kentucky.

    116 Salter Road, Berea, KY 40403
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    Berea Duplex: Turn-Key Investment
    $253,000
    2,160 SF

    Berea Duplex: Turn-Key Investment

    Turn-key Berea duplex, ideal for investors, with recent improvements.

    705 Candlewood Drive, Berea, KY 40403
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    Turnkey Duplex in Berea, KY
    $289,900
    2,248 SF

    Turnkey Duplex in Berea, KY

    Fully occupied duplex generating immediate cash flow near Berea College.

    118 Central Avenue, Berea, KY 40403
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    Richmond Multifamily Investment Opportunity
    $660,000
    2,400 SF

    Richmond Multifamily Investment Opportunity

    Three duplexes for sale, offering immediate cash flow potential.

    156 Hager Avenue, Richmond, KY 40475
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    Richmond, KY Multi-Use Investment
    $450,000
    4,406 SF

    Richmond, KY Multi-Use Investment

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

    301 Steep Street, Richmond, KY 40475
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    Richmond KY Duplex For Sale
    $269,900
    1,636 SF

    Richmond KY Duplex For Sale

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

    101 Purcell Drive, Richmond, KY 40475
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    Richmond, KY Duplex Investment
    $269,900
    1,715 SF

    Richmond, KY Duplex Investment

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

    103 Purcell Drive, Richmond, KY 40475
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    Richmond Kentucky Duplex For Sale
    $269,900
    1,636 SF

    Richmond Kentucky Duplex For Sale

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

    105 Purcell Drive, Richmond, KY 40475
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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Madison County, KY, we suggest to view alternatives - similar 54 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

    Boonesborough Rd

    MOBILE HOME PARK, TRAILER PARK • 14.45 Acres
    Value Estimation
    $750,000
    Boonesborough Rd, Richmond, KY 40475
    View details
    Mt Vernon Rd

    Mt Vernon Rd

    MOBILE HOME PARK, TRAILER PARK • 1,422 SF
    Value Estimation by Request
    Mt Vernon Rd, Berea, KY 40403
    View details
    308 Spangler Dr

    308 Spangler Dr

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,224 SF
    Value Estimation by Request
    308 Spangler Dr, Richmond, KY 40475-2383
    View details

    Madison County, KY Residential Income Properties Investment Opportunities Market Analysis

    Explore 75 residential income properties for sale in Madison County, KY, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 69,930 square feet of properties for sale, with an estimated market value of $8,758,798.

    Sale prices for residential income properties in Madison County, KY start at $239,900, averaging $417,085, and reaching up to $799,500 — 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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