1028 Merrick Dr, Richmond, KY 40475
Local realty services provided by:Reliant Realty ERA Powered
1028 Merrick Dr,Richmond, KY 40475
$319,900
- - Beds
- - Baths
- 2,350 sq. ft.
- Multi-family
- Active
Listed by: makenzie griffis
Office: grateful acres realty
MLS#:3159279
Source:NASHVILLE
Price summary
- Price:$319,900
- Price per sq. ft.:$136.13
About this home
This duplex property in Richmond, KY offers a strong opportunity for investors or owner-occupants looking for income-producing property with separate living spaces and utilities.
The property features two units: Side 1 offers approximately 1,250 sq ft and is leased month-to-month, while Side 2 offers approximately 1,100 sq ft and is currently leased on a year-long lease, providing flexibility for future occupancy or rental adjustments. Side 1 has been remodeled, while Side 2 offers the opportunity for updates and added value.
Each unit is separately metered for electric and water, with tenants responsible for all utilities including electric, water, and trash, helping reduce owner expenses. The property is serviced by city water and sewer and operates as all-electric with no gas. HVAC systems for both units were replaced in September 2018.
Exterior features include bay windows on both sides, stonework detailing with keystones above the windows, and a laser-engraved address in stone, adding to the property's curb appeal. A rear storage building provides space for lawn equipment such as a mower, blower, and weed eater. Both units also include pull-down attic stair access for additional storage. There is no HOA.
Located in Richmond, the property is close to Eastern Kentucky University, local shopping, dining, and healthcare facilities. Outdoor recreation can be found nearby at Lake Reba Park and Paradise Cove Aquatic Center. Neighboring cities such as Lexington, Berea, and Nicholasville provide additional employment, entertainment, and dining options, making this a convenient and desirable rental location.
This duplex offers a combination of current rental income, future upside potential, and a convenient location in a growing area....
Contact an agent
Home facts
- Year built:1999
- Listing ID #:3159279
- Added:3 day(s) ago
- Updated:March 29, 2026 at 02:22 PM
Rooms and interior
- Flooring:Carpet, Tile
- Living area:2,350 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1999
- Building area:2,350 sq. ft.
- Construction Materials:Aluminum Siding, Brick
- Levels:2 Story
Schools
- High school:Madison Central High School
- Middle school:Clark Moores Middle School
- Elementary school:Daniel Boone Elementary School
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$319,900
- Price per sq. ft.:$136.13
- Tax amount:$1,651
New listings near 1028 Merrick Dr
- New
Listed by ERA$610,000Active4 beds 3 baths2,550 sq. ft.2259 Jacks Creek Road, Richmond, KY 40475
MLS# 26006300Listed by: ERA SELECT REAL ESTATE - New
$700,000Active4 beds 3 baths2,574 sq. ft.105 Bull Run Trail, Richmond, KY 40475
MLS# 26006365Listed by: KELLER WILLIAMS COMMONWEALTH - New
$444,900Active3 beds 2 baths1,915 sq. ft.212 Carhartt Drive, Richmond, KY 40475
MLS# 26006349Listed by: BLUEGRASS PROPERTIES GROUP - New
$327,400Active3 beds 2 baths1,466 sq. ft.540 Chickasaw Drive, Richmond, KY 40475
MLS# 26006350Listed by: BLUEGRASS PROPERTIES GROUP - New
$269,900Active3 beds 2 baths1,505 sq. ft.106 Keystone Drive, Richmond, KY 40475
MLS# 26006347Listed by: BERKSHIRE HATHAWAY HOMESERVICES FOSTER REALTORS - New
$336,900Active3 beds 2 baths1,548 sq. ft.105 Choctaw Trail, Richmond, KY 40475
MLS# 26006326Listed by: BLUEGRASS PROPERTIES GROUP - New
$569,900Active3 beds 2 baths2,074 sq. ft.208 Carhartt Drive, Richmond, KY 40475
MLS# 26006328Listed by: BLUEGRASS PROPERTIES GROUP - New
$285,000Active3 beds 2 baths1,368 sq. ft.54 Heron Landing Road, Richmond, KY 40475
MLS# 26006014Listed by: RE/MAX ELITE REALTY - Open Sun, 2 to 4pmNew
$549,900Active4 beds 4 baths2,521 sq. ft.100 Seven Oaks Drive, Richmond, KY 40475
MLS# 26006273Listed by: KELLER WILLIAMS LEGACY GROUP
$259,000Pending3 beds 2 baths1,400 sq. ft.824 Aster Court, Richmond, KY 40475
MLS# 26006266Listed by: IN HOUSE REAL ESTATE