403 Turpin Drive Richmond, KY $ 280,000
403 Turpin Drive
$ 280,000
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403 Turpin Drive

Richmond, KY, 40475
$ 280,000
Bedrooms8 Baths4.0 Sq 3,000

Monthly Estimate*

$ 1,747

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Multi-Family Home for sale in Richmond, KY

for $280,000 with 8 bedrooms and 4 full baths. This 3,000 square foot home was built in 1984 on a lot size of 0.2.

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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Multi-Family Active

Price

$ 280,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.2

Year Built

1984

Town/City

Richmond

County/Region

Madison

MLS | Web ID

25505005

Features
General
Heating Electric
Cooling Wall Unit(s)
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Year Built 1984
Property Subtype Quadruplex
Parcel Number R007-0030-0021
County Madison
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Markwood
Full Baths 4
Status Active
Directions 25 to Old Wilderness Trail to N 3rd to right on Turpin.
High School Madison Central
City Richmond
High School District Madison County - 8
Number Of Units Total 4
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 8625.0
Elementary School Daniel Boone
Land Lease Y/N N
Middle/Junior High School Clark-Moores
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
Parking Features On Site
Lot Size Area 0.2
Number of Buildings 1
Building Area Total 3000.0
Lot Size Acres 0.2
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 8
Total Baths 4
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Realty Solutions

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$1,747
Per Month
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Monthly Principal & Interest
$1,747
Monthly Property Taxes
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Monthly Home Insurance
--
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
3289744 Elementary School
3292817 Middle School
Madison Central High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2025$280,000 Listed Price

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403 Turpin Drive, Richmond, KY, 40475 is a Multi-Family Home for sale at $280,000 with 3,000 sqft and a lot size of 0.2. 403 Turpin Drive has 8 bedrooms, 4.0 baths, and was built in 1984. The property's zip code is 40475 which is in Richmond, KY