325 S 3rd Street, Richmond, KY 40475

New Listing
$275,000
Property Type: Residential Income Bedrooms: 5 Baths: 3 Square Footage: 3,360 Lot Size (sq. ft.): 12,825 Status: Active
Current Price: $275,000 List Date: 7/30/2026 Last Modified: 8/02/2026

Overview

Description

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.

Listing Details MLS# 26020390

Listing Information

Comp Sale YN
No
Property Sub Type
Duplex

Status Change Information

Status Change Timestamp
2026-07-30

Address

County
Madison
Street Number
325
Street Direction Prefix
S
Street Name
3rd
Street Suffix
Street
State
KY
Zip Code
40475
Zip +4
2105
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.
Parcel Number
R006-0011-0013

Contract

Original List Price
275000
Start Showing Date
2026-07-30
Listing Contract Date
2026-07-30
Listing Agreement
Exclusive Right To Sell
Owner Name
WYATT REAL ESTATE INVESTMENTS LLC
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
935374.15
List Price/SqFt
81.85

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Downtown
High School District
Madison County - 8

Interior

Bedrooms Total
5
Bathrooms Total
3
Bathrooms Full
3
Living Area
3360
Living Area Source
Public Records
Bathrooms Half
0

More Information

Building

Year Built
1950
Accessibility Features YN
No

Lot

Lot Size Acres
0.294
Lot Size Square Feet
12825

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
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.

Showing Information

Showing Instructions
Contact listing agent to arrange a viewing

Tax & Legal

Elementary School
Daniel Boone
Middle Or Junior School
Madison Central
High School
Madison Central

Cooling

Central Air
Yes

Heating

Electric
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Structure Type

Duplex
Yes

Showing Requirements

Combination Lock Box
Yes

Property Features

Cooling: Central Air Heating: Electric Possession: Close Of Escrow Roof: Shingle Structure Type: Duplex Showing Requirements: Combination Lock Box
Listing Office: Lifstyl Real Estate
Last Updated: August - 02 - 2026
Information deemed reliable but not guaranteed.