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    Richmond, KY Residential Income Properties for Sale

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    Two-Duplex Residential Property
    Updated: Aug 20
    Two-Duplex Residential Property

    103 Valley Street, Richmond, KY 40475

    $899,000
    5,200 sqft 0.41 AC lot
    Two duplexes with four units totaling 5,200 square feet
    Each unit is approximately 1,300+/- sq. ft. with 3 bedrooms and 3 full baths
    12 bedrooms and 12 full bathrooms across the property
    12 paved off‑street parking spaces
    R‑3 zoning on a 0.41‑acre parcel
    View details
    Two-Unit Brick Duplex
    Updated: Sep 26
    Two-Unit Brick Duplex

    1048 Blackwell Court, Richmond, KY 40475

    $290,000
    2,680 sqft 0.18 AC lot
    Two residences with a combined 5 bedrooms and 3.5 bathrooms
    2,680 square feet on a 0.1757‑acre parcel
    Three‑bedroom unit includes 2 full bathrooms and a full garage
    Two‑bedroom unit includes 1.5 bathrooms and a full garage
    Built in 1998; heat pump heating and cooling
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    Triplex with Commercial Space
    Triplex with Commercial Space

    401 North Street, Richmond, KY 40475

    $350,000
    3,224 sqft 0.15 AC lot

    B-3 property combining a commercial ground floor with two separately entered apartments.

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    9-Unit Apartment Property
    9-Unit Apartment Property

    328 Summit St, Richmond, KY 40475

    $964,900
    4,496 sqft

    Two residential buildings include shared laundry facilities and a basement.

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    Duplex With Attached Garages
    Duplex With Attached Garages

    206 Aqueduct Drive, Richmond, KY 40475

    $379,900
    3,239 sqft 0.29 AC lot

    Six-bedroom configuration includes private outdoor areas and a fenced backyard for residential income use.

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    Occupied Duplex with Updated Kitchen
    Occupied Duplex with Updated Kitchen

    216 Valley Street, Richmond, KY 40475

    $235,000
    1,800 sqft 0.24 AC lot

    Two residential units include washer/dryer hookups, LVP flooring, and an updated kitchen in the upper unit.

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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    214 Valley Street, Richmond, KY 40475

    $235,000
    1,800 sqft 0.22 AC lot

    Fully occupied duplex with central HVAC, laundry hookups, and recent roof and driveway improvements.

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    New Construction Duplexes
    New Construction Duplexes

    99101103105-103 Valley St, Richmond, KY 40475

    $899,000
    5,200 sqft

    Four-unit configuration with private suites, full appliance packages, and dedicated paved parking.

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    3-Duplex Multifamily Property
    3-Duplex Multifamily Property

    156 Hager Avenue, Richmond, KY 40475

    $660,000
    2,400 sqft 0.17 AC lot

    Multifamily holding with individual basements, laundry hookups, and rear decks.

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    Two-Unit Duplex with Separate Layouts
    Two-Unit Duplex with Separate Layouts

    325 S 3rd Street, Richmond, KY 40475

    $275,000
    3,360 sqft 0.29 AC lot

    Duplex with a three-bedroom upper residence and a two-bedroom lower residence near EKU, downtown, shopping, and restaurants.

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    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    1048 Blackwell Ct, Richmond, KY 40475

    $290,000
    2,680 sqft

    Two separate residences offer private garages and layouts suited to different household sizes.

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    Brick Duplex with Rear Deck
    Brick Duplex with Rear Deck

    2117 Fayette Drive, Richmond, KY 40475

    $269,900
    1,919 sqft 0.35 AC lot

    Both units are occupied and feature kitchens equipped with a range, refrigerator, and dishwasher.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

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

    $579,000
    9,763 sqft 0.19 AC lot

    Two occupied street-level suites support bar and retail tenancy within a downtown commercial building.

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    B-3 Mixed-Use Property
    B-3 Mixed-Use Property

    401 North St, Richmond, KY 40475

    $350,000
    3,224 sqft

    Commercial space with two apartments, separate entrances, individual electric service, and recent system and exterior upgrades.

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    Three-Bedroom Duplex
    Three-Bedroom Duplex

    217 Mcdaniel Drive, Richmond, KY 40475

    $299,900
    2,772 sqft 0.15 AC lot

    One unit is leased, while the other is vacant and configured for owner occupancy.

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    Duplex With Attached Garages
    Duplex With Attached Garages

    206 Aqueduct Dr, Richmond, KY 40475

    $379,900
    3,239 sqft

    Two attached two-car garages, private outdoor areas, and a fenced backyard support separate-unit residential use.

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    Brick Duplex with Rear Deck
    Brick Duplex with Rear Deck

    2117 Fayette Dr, Richmond, KY 40475

    $269,900
    1,919 sqft

    Both residences are leased and come equipped with kitchen appliances.

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    Leased Duplex with Mixed Unit Sizes
    Leased Duplex with Mixed Unit Sizes

    1045 Merrick Dr, Richmond, KY 40475

    $289,900
    2,676 sqft

    Two leased units offer a three-bedroom and two-bedroom configuration.

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    Income-Generating Duplex with Storage
    Income-Generating Duplex with Storage

    1028 Merrick Dr, Richmond, KY 40475

    $335,000
    2,350 sqft

    Two separately metered units each with pull-down attic access and rear storage building; city water and sewer and all-electric.

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    Duplex with Updated Kitchen
    Duplex with Updated Kitchen

    216 Valley St, Richmond, KY 40475

    $235,000
    1,800 sqft

    Two residential units feature LVP flooring, washer/dryer hookups, and separate window air-conditioning units.

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    108-Unit Apartment Community
    108-Unit Apartment Community

    100 Pk Crst Ct, Richmond, KY 40475

    Contact for pricing
    89,400 sqft

    The community combines one- and two-bedroom residences in a multifamily setting.

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    Two-Unit Duplex with Off-Street Parking
    Two-Unit Duplex with Off-Street Parking

    1-2-217 Mcdaniel Dr, Richmond, KY 40475

    $299,900
    2,772 sqft

    One residence is leased, while the second is vacant for an owner-occupant.

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    Two-Unit Duplex with Separate Layouts
    Two-Unit Duplex with Separate Layouts

    325 S 3rd St, Richmond, KY 40475

    $275,000
    3,360 sqft

    Duplex offering distinct upper- and lower-level residences near campus, downtown amenities, shopping, and dining.

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    Duplex with Vacant Unit
    Duplex with Vacant Unit

    217 Mcdaniel Dr, Richmond, KY 40475

    $299,900
    2,772 sqft

    Two three-bedroom residences include central heating and air, full baths, and off-street parking.

    View details
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    Richmond, KY Residential Income Properties Market Trends and Statistics

    Explore 68 residential income properties for sale in Richmond, KY, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 164,045 square feet of properties for sale, with an estimated market value of $9,641,100.

    Sale prices for residential investment properties in Richmond, KY start at $235,000, averaging $401,712, and reaching up to $964,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 25
    Duplexes 20
    Apartment buildings 3
    Triplexes 1

    Demographics Overview

    Population 65K
    Population Growth (5Y) +5.8%
    Median Household Income $62,731
    College Educated 26.2%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40475 $392.4K

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $5.99 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Richmond, KY

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    Most Searched ZIP Codes in Richmond, KY

    • 40475

    Featured Richmond Real Estate Agencies

    Realmo connects you with licensed Richmond CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Realtors of Kentucky
    519 Hampton Way #9 Richmond, KY
    Phone: (859) 661-5117
    Prudential Don Foster Realtors
    920 Barnes Mill Rd. Suite A Richmond, KY 40475
    Phone: (859) 623-9427
    www.DonFosterRealty.com
    The Real Estate Co.
    1403 Lexington Rd Unit A Richmond, KY
    Phone: (859) 979-1508
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