1028 Merrick Dr, Richmond, KY 40475
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
1028 Merrick Dr,Richmond, KY 40475
$299,999
- - Beds
- - Baths
- 2,350 sq. ft.
- Multi-family
- Active
Listed by: makenzie griffis
Office: grateful acres realty
MLS#:3159279
Source:NASHVILLE
Price summary
- Price:$299,999
- Price per sq. ft.:$127.66
About this home
This duplex property in Richmond, KY offers a strong opportunity for investors or owner-occupants looking for income-producing property with separate living spaces and utilities.
The property features two units: Side 1 offers approximately 1,250 sq ft and is leased month-to-month, while Side 2 offers approximately 1,100 sq ft and is currently leased on a year-long lease, providing flexibility for future occupancy or rental adjustments. Side 1 has been remodeled, while Side 2 offers the opportunity for updates and added value.
Each unit is separately metered for electric and water, with tenants responsible for all utilities including electric, water, and trash, helping reduce owner expenses. The property is serviced by city water and sewer and operates as all-electric with no gas. HVAC systems for both units were replaced in September 2018.
Exterior features include bay windows on both sides, stonework detailing with keystones above the windows, and a laser-engraved address in stone, adding to the property's curb appeal. A rear storage building provides space for lawn equipment such as a mower, blower, and weed eater. Both units also include pull-down attic stair access for additional storage. There is no HOA.
Located in Richmond, the property is close to Eastern Kentucky University, local shopping, dining, and healthcare facilities. Outdoor recreation can be found nearby at Lake Reba Park and Paradise Cove Aquatic Center. Neighboring cities such as Lexington, Berea, and Nicholasville provide additional employment, entertainment, and dining options, making this a convenient and desirable rental location.
This duplex offers a combination of current rental income, future upside potential, and a convenient location in a growing area....
Contact an agent
Home facts
- Year built:1999
- Listing ID #:3159279
- Added:96 day(s) ago
- Updated:June 30, 2026 at 02:37 PM
Rooms and interior
- Flooring:Carpet, Tile
- Living area:2,350 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1999
- Building area:2,350 sq. ft.
- Construction Materials:Aluminum Siding, Brick
- Levels:2 Story
Schools
- High school:Madison Central High School
- Middle school:Clark Moores Middle School
- Elementary school:Daniel Boone Elementary School
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$299,999
- Price per sq. ft.:$127.66
- Tax amount:$1,651
New listings near 1028 Merrick Dr
$389,900Pending3 beds 4 baths3,831 sq. ft.10 Parke Drive, Richmond, KY 40475
MLS# 26015409Listed by: RECTOR HAYDEN REALTORS- New
$260,000Active3 beds 2 baths1,341 sq. ft.1085 Willis Branch Road, Richmond, KY 40475
MLS# 26014975Listed by: THE REAL ESTATE CO. - New
$230,000Active3 beds 2 baths1,274 sq. ft.653 Oldham Avenue, Richmond, KY 40475
MLS# 26015400Listed by: COLDWELL BANKER MCMAHAN - New
$339,900Active3 beds 2 baths1,793 sq. ft.709 Hackney Court, Richmond, KY 40475
MLS# 26015354Listed by: COLDWELL BANKER MCMAHAN - New
$479,900Active4 beds 5 baths3,095 sq. ft.132 Braemar Drive, Richmond, KY 40475
MLS# 26015273Listed by: UNDERWOOD REALTY GROUP, LLC - New
$249,000Active3 beds 2 baths1,650 sq. ft.1025 Judah Bear Boulevard, Richmond, KY 40475
MLS# 26015244Listed by: AXIS REAL ESTATE - New
$449,000Active4 beds 3 baths3,062 sq. ft.513 Blue Spruce Drive, Richmond, KY 40475
MLS# 26015198Listed by: COLDWELL BANKER MCMAHAN - New
$305,000Active3 beds 2 baths1,545 sq. ft.377 Sydney Way, Richmond, KY 40475
MLS# 26015146Listed by: KELLER WILLIAMS LEGACY GROUP - New
$355,000Active4 beds 3 baths1,876 sq. ft.812 Aster Court, Richmond, KY 40475
MLS# 26015163Listed by: CHRISTIES INTERNATIONAL REAL ESTATE BLUEGRASS
$319,000Pending5 beds 3 baths2,592 sq. ft.716 Amanda Court, Richmond, KY 40475
MLS# 26013722Listed by: WEICHERT REALTORS - FORD BROTHERS