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    Richmond, KY
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    Richmond, KY Triplexes for Sale

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    Williamstown, KY Grayson, KY Nicholasville, KY Berea, KY Lexington, KY Waco, KY Winchester, KY Lancaster, KY
    Triplex with Commercial Space
    Updated: Sep 8
    Triplex with Commercial Space

    401 North Street, Richmond, KY 40475

    $350,000
    3,224 sqft 0.15 AC lot
    3,224‑square‑foot triplex on a 0.15‑acre parcel
    B‑3 zoning with 1,612 square feet of commercial space on the main floor
    Two second‑floor apartments: 982 SF with 2 bedrooms and 1 bath; 476 SF with 1 bedroom and 1 bath
    All 3 units have separate entrances and individual electric service
    HVAC, water heaters, windows, and doors installed in 2024
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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

    113 Lester Street, Berea, KY 40403

    $549,900
    1,500 sqft 1.21 AC lot

    Ground-floor business space pairs with two currently rented apartments.

    View details
    Triplex With Business Space
    Triplex With Business Space

    113 Lester Street, Berea, KY 40403

    $549,900
    1,500 sqft 1.21 AC lot

    Two rented apartments sit above a commercial main level with HVAC and two garage doors.

    View details
    Downtown Triplex with Historic Character
    Downtown Triplex with Historic Character

    209 S 1st Street, Nicholasville, KY 40356

    $224,900
    2,941 sqft 0.23 AC lot

    Three occupied units with month-to-month tenancy and separately metered electric service.

    View details
    Historic Three-Unit Triplex
    Historic Three-Unit Triplex

    209 S 1st St, Nicholasville, KY 40356

    $224,900
    2,941 sqft

    Occupied month-to-month units provide operational flexibility and immediate rental income.

    View details

    Richmond, KY Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Richmond, KY on our real estate platform. These investment opportunities span a total of 3,224 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for three-family homes in Richmond, KY average $350,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 24
    Apartment buildings 2
    Triplexes 1

    Demographics Overview

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

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Residential Income

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