1028 Merrick Dr, Richmond, KY 40475
Local realty services provided by:CENTURY 21 Premier
1028 Merrick Dr,Richmond, KY 40475
$314,900
- - Beds
- - Baths
- 2,350 sq. ft.
- Multi-family
- Active
Listed by: makenzie griffis
Office: exp realty
MLS#:3159279
Source:NASHVILLE
Price summary
- Price:$314,900
- Price per sq. ft.:$134
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:8 day(s) ago
- Updated:April 03, 2026 at 03:56 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:$314,900
- Price per sq. ft.:$134
- Tax amount:$1,651
New listings near 1028 Merrick Dr
- New
$300,000Active3 beds 2 baths1,410 sq. ft.6009 Arbor Woods Way, Richmond, KY 40475
MLS# 26006960Listed by: KELLER WILLIAMS LEGACY GROUP - Open Sat, 1 to 3pm
$489,900Active4 beds 3 baths2,290 sq. ft.304 Circle Point Drive, Richmond, KY 40475
MLS# 25015679Listed by: BERKSHIRE HATHAWAY HOMESERVICES FOSTER REALTORS - New
$425,000Active3 beds 2 baths2,000 sq. ft.534 Maple Grove Road, Richmond, KY 40475
MLS# 26006946Listed by: RE/MAX ELITE REALTY - New
$369,900Active4 beds 3 baths1,960 sq. ft.6041 Winning Colors, Richmond, KY 40475
MLS# 26006634Listed by: CENTURY 21 ADVANTAGE REALTY - New
$359,900Active4 beds 3 baths2,652 sq. ft.512 Ryan Drive, Richmond, KY 40475
MLS# 26006854Listed by: ERA SELECT REAL ESTATE - New
$270,000Active3 beds 2 baths1,340 sq. ft.464 Balite Way, Richmond, KY 40475
MLS# 26006222Listed by: UNITED REAL ESTATE BLUEGRASS - New
$359,000Active2 beds 2 baths1,497 sq. ft.2031 Highlands Drive, Richmond, KY 40475
MLS# 26006812Listed by: KELLER WILLIAMS COMMONWEALTH - Open Sat, 2 to 4pmNew
$275,000Active3 beds 2 baths1,288 sq. ft.114 Leimaur Drive, Richmond, KY 40475
MLS# 26006565Listed by: CHRISTIES INTERNATIONAL REAL ESTATE BLUEGRASS - New
$210,000Active3 beds 1 baths1,044 sq. ft.1229 E Irvine Street, Richmond, KY 40475
MLS# 26006632Listed by: ERA SELECT REAL ESTATE - New
$325,000Active4 beds 2 baths2,431 sq. ft.2004 Rockwood Road, Richmond, KY 40475
MLS# 26006773Listed by: LIZETTE REALTY