Investor Opportunity! All brick duplex, 100% occupied and under lease. 2 story, mirrored unit in desirable area, with easy access to EKU. Each unit contains 3 Beds and 2 Baths, with enclosed laundry room on the first floor. Property is currently under professional property managment with combined rental income of $2530 per month. Tenants pay all utilities except trash pickup. Each unit has potential to park 4 cars off the street on the ample driveway. Inspections Welcome!
Pending
$314,900
1049 Merrick Dr, Richmond, KY 40475
6beds
2,400sqft
Est.:
Duplex
Built in 2003
-- sqft lot
$312,800 Zestimate®
$131/sqft
$-- HOA
What's special
Brick duplexAmple drivewayEnclosed laundry room
- 16 days
- on Zillow |
- 225 |
- 16 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 01:23am
Listed by:
Ted Payne 859-227-6736,
Reliance One Realty
Source: Imagine MLS,MLS#: 25007043

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Heat Pump
Cooling
- Electric
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: 1 - 5 Spaces
Features
- Levels: Two
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: Madison County
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Roof: Shingle,Composition
Condition
- Year built: 2003
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Merrick Place
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $165,000
- Annual tax amount: $1,677
- Date on market: 4/9/2025
- Listing terms: Sale
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