325 S 3rd Street Richmond, KY $ 275,000
325 S 3rd Street
$ 275,000
Recently Listed
Open House 8/1 2pm - 3pm
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325 S 3rd Street

Richmond, KY, 40475
$ 275,000
Bedrooms5 Baths3.0 Sq 3,360

Monthly Estimate*

$ 1,736

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Multi-Family Home for sale in Richmond, KY

for $275,000 with 5 bedrooms and 3 full baths. This 3,360 square foot home was built in 1950 on a lot size of 0.29.

Well-maintained duplex in a prime Richmond location just minutes from EKU and downtown. The upper unit features 3 bedrooms and 2 bathrooms and is currently rented for $1,200/month, while the lower unit offers 2 bedrooms and 1 bathroom and is rented for $1,150/month. Excellent potential for future rent growth, making this an attractive investment opportunity. Conveniently located near shopping, restaurants, and campus. Can also be purchased as a package with the neighboring properties at 321 S. 3rd St. and 321½ S. 3rd St. for an outstanding portfolio opportunity. Group showing this Saturday, August 1 2:00-3:00 pm.

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Open House

8/1/2026 2:00 PM - 3:00 PM
325 S 3rd Street Richmond, KY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 275,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.29

Year Built

1950

Town/City

Richmond

County/Region

Madison

MLS | Web ID

26020390

Features
General
Heating Electric
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Year Built 1950
Property Subtype Duplex
Parcel Number R006-0011-0013
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Downtown
Full Baths 3
Status Active
Directions From Lexington take I-75 South to Exit 90A toward Downtown Richmond. Continue on Lexington Rd/W Main St turn left onto S 3rd St. Property is on the left at 325 S 3rd St.
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 12825.0
Elementary School Daniel Boone
Land Lease Y/N N
Middle/Junior High School Madison Central
MLS Area Minor 008 - Madison County
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Size Area 0.29
Building Area Total 3360.0
Lot Size Acres 0.29
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 5
Total Baths 3
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Internal Only
Street Number 1 325
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* Excluded Features
List By
Lifstyl Real Estate

Broker

kypeacehomes@yahoo.com

Email

Affordability Calculator

$1,736
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,736
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
3713672 Middle School
Madison Central High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$275,000 Listed Price

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325 S 3rd Street, Richmond, KY, 40475 is a Multi-Family Home for sale at $275,000 with 3,360 sqft and a lot size of 0.29. 325 S 3rd Street has 5 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 40475 which is in Richmond, KY