403 Turpin Drive, Richmond, KY 40475

Local realty services provided by:ERA Select Real Estate
403 Turpin Drive,Richmond, KY 40475
$280,000
  • 8 Beds
  • 4 Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: michael x wang
Office: realty solutions
MLS#:25505005
Source:KY_LBAR

Price summary

  • Price:$280,000
  • Price per sq. ft.:$93.33

About this home

Income producing 4-plex in good condition. It's hard to find a 4-plex now under $300,000 but this is it. Updates include soffitt/fascia board (2023), unit 1 wall HVAC unit (2023), unit 1 carpet and vinyl (2023), unit 2 water heater (2023), unit 2 wall HVAC unit (2023), unit 4 wall HVAC unit (2021), unit 4 vinyl (2023), unit 4 carpet (2025). Total rents are $2805/mo with 4 tenants occupying it. Mostly long term tenants. Landlord pays electricity (2 meters for 4plex) and water (1 meter for 4 plex). Average monthly bill for those is around $550/mo. Unit 1 pays $680 (month to month---been there 6 years). Unit 2 pays $695 (month to month--been there over a year). Unit 3 pays $705 (month to month--been there 9 years). Unit 4 pays $725 (section 8, month to month--been there over 5 years).

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Home facts

  • Year built:1984
  • Listing ID #:25505005
  • Added:49 day(s) ago
  • Updated:December 17, 2025 at 07:24 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,000 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1984
  • Building area:3,000 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:Madison Central
  • Middle school:Clark-Moores
  • Elementary school:Daniel Boone

Finances and disclosures

  • Price:$280,000
  • Price per sq. ft.:$93.33
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