228 Magnolia Drive Richmond, KY $ 359,900
228 Magnolia Drive
$ 359,900
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228 Magnolia Drive

Richmond, KY, 40475
$ 359,900
Bedrooms4 Baths4.0 Sq 2,800

Monthly Estimate*

$ 2,245

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Multi-Family Home for sale in Richmond, KY

for $359,900 with 4 bedrooms and 4 full baths. This 2,800 square foot home was built on a lot size of 0.5.

Motivated seller Well kept rare find 4 plex, each unit has 1 bedroom, full bath plus laundry room. Great location in Richmond not far to Eastern Kentucky University, EKU By-Pass and I-75. Nice lot with mature trees and blacktop parking. Two units on first floor and 2 units upstairs with stairwell inside middle of building, roof is 8 years olds, no carpet. Renters pay all utilities. Each unit is rented at $650. Listing agent must be at showings. Good investment to buy and live in one unit and rent the other 3 units. Great location

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Multi-Family Active

Price

$ 359,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.5

Town/City

Richmond

County/Region

Madison

MLS | Web ID

25010366

Features
General
Heating Baseboard
Cooling Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Rental Agreement
Roof Composition
Year Built 9999
Property Subtype Quadruplex
Parcel Number r001-0009-0001
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Greenway Hgts
Full Baths 4
Status Active
Directions I-75 south to Exit 83 left over interstate bridge(EKU ByPass) than left on Killarney; at stop sign veer right on Barnes Mill Rd than go straight at 4 way stop than right on Magnolia property on corn
High School Madison Central
City Richmond
High School District Madison County - 8
Zoning Description multi fam
Number Of Units Total 4
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 21780.0
Elementary School Kit Carson
Land Lease Y/N N
Middle/Junior High School Madison Mid
MLS Area Minor 008 - Madison County
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Quadruplex
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Total Parking 5.0
Lot Size Area 0.5
Number of Buildings 1
Building Area Total 2800.0
Lot Dimensions 98x120x103x120
Lot Size Acres 0.5
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 4
Total Baths 4
Heating-Baseboard True
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Internal Only
Street Number 1 228
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* Excluded Features
List By
Bluehorse Realty

Broker

Affordability Calculator

$2,245
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,245
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3290075 Elementary School
3289613 Middle School
Madison Central High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$359,900 -4.03% Price Down
10/11/2025$375,000 -2.60% Price Down
5/17/2025$385,000 Listed Price

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228 Magnolia Drive, Richmond, KY, 40475 is a Multi-Family Home for sale at $359,900 with 2,800 sqft and a lot size of 0.5. 228 Magnolia Drive has 4 bedrooms and 4.0 baths. The property's zip code is 40475 which is in Richmond, KY