316 Moberly Avenue Richmond, KY $ 224,900
316 Moberly Avenue
$ 224,900
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316 Moberly Avenue

Richmond, KY, 40475
$ 224,900
Bedrooms5 Baths3.0 Sq 2,152

Monthly Estimate*

$ 1,420

316 Moberly Avenue, Richmond, KY 40475 - Image 1

Multi-Family Home for sale in Richmond, KY

for $224,900 with 5 bedrooms and 3 full baths. This 2,152 square foot home was built in 1972 on a lot size of 0.13.

Fully occupied duplex offering immediate rental income in Richmond! This residential income property features two leased units totaling approximately 2,152 square feet. Unit A offers 1 bedroom and 1 bathroom, while Unit B features 4 bedrooms and 2 bathrooms. The property is currently generating $2,389 in total monthly income, with the landlord paying all utilities. With leases already in place, the next owner can step into an income-producing property from day one. Conveniently located near downtown Richmond with easy access to shopping, dining, EKU, and other area amenities. Whether you're looking to expand an existing rental portfolio or purchase an income-producing property, 316 Moberly Avenue is ready for its next owner.

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Multi-Family Active

Price

$ 224,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.13

Year Built

1972

Town/City

Richmond

County/Region

Madison

MLS | Web ID

26021431

Features
General
Heating Forced Air Natural Gas
Cooling Electric
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow Rental Agreement Subject To Tenant Rights
Roof Shingle
Zoning R-1C
Year Built 1972
Property Subtype Duplex
Parcel Number R007-0018-0008
Gross Income 2389.0
County Madison
New Construction N
Property Type Residential Income
Full Baths 3
Status Active
Directions North 2nd Street to Moberly Avenue Property on the left
High School Madison Central
City Richmond
High School District Madison County - 8
Number Of Units Total 2
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 5570.0
Elementary School Kit Carson
Land Lease Y/N N
Electric Expense 205.0
Middle/Junior High School Madison Mid
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 0.13
Number of Buildings 1
Building Area Total 2152.0
Lot Size Acres 0.13
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 5
Total Baths 3
Heating-Forced Air True
Heating-Natural Gas True
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Internal Only
Street Number 1 316
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* Excluded Features
List By
The Polley Group

Broker

Affordability Calculator

$1,420
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,420
Monthly Property Taxes
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Monthly Home Insurance
--
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
3290075 Elementary School
3289613 Middle School
Madison Central High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$224,900 Listed Price

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316 Moberly Avenue, Richmond, KY, 40475 is a Multi-Family Home for sale at $224,900 with 2,152 sqft and a lot size of 0.13. 316 Moberly Avenue has 5 bedrooms, 3.0 baths, and was built in 1972. The property's zip code is 40475 which is in Richmond, KY