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$650,000   Price Analysis
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413 N 2nd and 103 Moberly Ave
Richmond, KY 40475
10 bed 7 bath 4,940 SqFt ($131/SqFt)
0.41 acre lot.
Listed 2024-05-21
USDA Eligible
near Richmond, KY
 Restrictions may apply
due to home size

Great investment opportunity featuring a Duplex and Triplex.

The duplex is currently being used as an airbnb and the tr iplex is a traditional rental. Located at 413 N. 2nd, the first residence is a duplx (one downstairs and one upstairs) that retains much of its original charm, including hardwood floors. The kitchens and bathrooms have been redesigned to offer modern amenities and improved flow. The downstairs unit includes a living room, dining room, kitchen, 3 bedrooms and 1 bathroom. The upstairs unit features a living room, kitchen, 2 large bedrooms and 1 bathroom.

Both units have their own washer/dryer hookups and separate electric meters. At 103 Moberly Ave., you'll find an updated triplex boasting custom-built tall closet doors, decorative ceiling beams, elegant light fixtures and generously sized bedrooms. Each of the two-bedroom units (one downstairs and one upstairs) includes 2 bathrooms. Additionally, there is a roomy one-bedroom unit upstairs with a balcony. Each unit has its own electric and water meters. Whether you choose to live in one unit and rent out the others or add this property to your investment portfolio, this complex offers an excellent opportunity


Presented by Sarah Weber at
Keller Williams Legacy Group.
Listing Agent Photo

Property MLS #24010124 from BLUEGRASS

Bedrooms: 10

Total Bathrooms: 7.00
Full Bathrooms: 7

Cooling Features: Electric, Heat Pump, Zoned
Heating Features: Forced Air, Heat Pump, Natural Gas, Zoned

Lot Size Acres: 0.41
Lot Size Square Feet: 17860

Parking Features: 1 - 5 Spaces

Elementary School: Kit Carson
High School: Madison Central
Middle School: Madison Mid
School District: Madison County - 8

Madison Central High School is a public high school located approximately 0.3 miles away.
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Madison Middle School is a public middle school located approximately 0.5 miles away.
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Madison Christian Academy is a private elementary, middle and high school located approximately 0.4 miles away.
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Daniel Boone Elementary School is a public elementary school located approximately 0.4 miles away.
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Number of Units: 5

Source Listing Status: Active
County: Madison
Directions: Heading south on Main St. in Richmond, turn left on N 2nd St. (in front of the courthouse). 413 is on the right, just past the old Parks and Rec building. 103 Moberly Ave. sits caddy corner and is across from the new park.
Source Property Type: Multi-Housing
Area: 008 - Madison County
Source Neighborhood: Downtown
Subdivision: Downtown
Zoning: Residential/Mult Family
Source System Name: C2C

Listed 2024-05-21
$650,000
BLUEGRASS

Total Square Feet Living: 4940
Roof: Shingle
Structure Type: Duplex, Triplex
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.