348 N Madison Avenue Richmond, KY $ 49,900
348 N Madison Avenue
$ 49,900
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348 N Madison Avenue

Richmond, KY, 40475
$ 49,900
Bedrooms3 Baths1.0 Sq 1,100

Monthly Estimate*

$ 307

348 N Madison Avenue, Richmond, KY 40475 - Image 1
348 N Madison Avenue, Richmond, KY 40475 - Image 2
348 N Madison Avenue, Richmond, KY 40475 - Image 3

Single Family Home for sale in Richmond, KY

for $49,900 with 3 bedrooms and 1 full bath. This 1,100 square foot home was built on a lot size of 0.12.

Bring your vision to life with this rare opportunity in the heart of Richmond! This property has been vacant for several years and is ready for a full transformation. Whether you're looking to rehab the existing structure or start fresh with new construction with a small affordable home to resale, add to the rental portfolio or make it a home for yourself, possibilities are wide open. Situated on a lot with city sewer access, this is a solid foundation for your next project. Location is the real win here—just a short walk to downtown Richmond, where you'll find local shops, restaurants, and community charm right at your fingertips. As-is, will need to be cash or conventional.

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Single Family Active

Price

$ 49,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Shotgun

Lot Size

0.12

Town/City

Richmond

County/Region

Madison

MLS | Web ID

26006585

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Roof Shingle
Patio/Porch Features Porch Front Porch
Architectural Style Shotgun
Construction Materials Vinyl Siding
Year Built 9999
Levels One
Property Subtype Single Family Residence
Parcel Number R009-0001-0010
County Madison
New Construction N
Property Type Residential
HOA N
Subdivision Name Downtown
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions Main Street in Richmond- Take N Madison Avenue. Property will be on the left
High School Madison Central
City Richmond
High School District Madison County - 8
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 5227.2
Carport Y/N N
Elementary School Kit Carson
Land Lease Y/N N
Home Warranty 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 House
Standard Status Active
Senior Community None
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Interior
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 1100.0
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 1
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Exterior
Lot Features Few Trees
Water Source Public
Lot Size Area 0.12
Foundation Details Block
Building Area Total 1100.0
Lot Size Acres 0.12
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 348
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* Excluded Features
List By
Re/Max Elite Realty

Broker

tinasellsky@gmail.com

Email

Affordability Calculator

$307
Per Month
100%
0%
0%
Monthly Principal & Interest
$307
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/31/2026$49,900 Listed Price

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348 N Madison Avenue, Richmond, KY, 40475 is a Single Family Home for sale at $49,900 with 1,100 sqft and a lot size of 0.12. 348 N Madison Avenue has 3 bedrooms and 1.0 baths. The property's zip code is 40475 which is in Richmond, KY