344 Lancaster Avenue, Richmond, KY 40475

$419,900
Property Type: Land Lot Size (sq. ft.): 32,670 Status: Active
Current Price: $419,900 List Date: 8/14/2025 Last Modified: 1/16/2026

Overview

Description

In the heart of downtown Richmond, this historic property offers a rare combination of space, location, and potential. Occupying three-fourths of an acre and zoned R-3, the lot is directly across from the 20-acre Irvine McDowell Park and the Eastern Kentucky University campus, creating a truly unique setting. The property offers endless possibilities, whether you envision a distinctive personal residence or an investment opportunity. The original home, built in 1862, spans 3,718 square feet and still stands on the property. Do not miss the chance to own a piece of Richmond's history and bring your vision to life.

Listing Details MLS# 25018007

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2026-01-16T15:34:21Z
Status Change Timestamp
2025-08-14

Address

County
Madison
Street Number
344
Street Name
Lancaster
Street Suffix
Avenue
State
KY
Zip Code
40475
Directions
W Main Street to Lancaster Avenue. Property is on your Right.
Parcel Number
R006-0009-0017

Contract

Original List Price
450000
Start Showing Date
2025-08-14
Listing Contract Date
2025-08-14
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
559866.67
List Price/SqFt
12.85

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Downtown

Lot

Lot Size Acres
0.75
Lot Size Square Feet
32670
Conservation Easement YN
No

More Information

Remarks

Public Remarks
In the heart of downtown Richmond, this historic property offers a rare combination of space, location, and potential. Occupying three-fourths of an acre and zoned R-3, the lot is directly across from the 20-acre Irvine McDowell Park and the Eastern Kentucky University campus, creating a truly unique setting. The property offers endless possibilities, whether you envision a distinctive personal residence or an investment opportunity. The original home, built in 1862, spans 3,718 square feet and still stands on the property. Do not miss the chance to own a piece of Richmond's history and bring your vision to life.

Showing Information

Showing Instructions
Please use ShowingTime to schedule. The Sentrilock lockbox is located at the front door. Use caution when touring the home, and advise your buyers that it is in need of significant repairs and may be considered a teardown.

Lot Features

Level
Yes

Current Use

Other
Yes

Possible Use

Residential
Yes

Showing Requirements

Showing Service
Yes

Property Features

Current Use: Other Lot Features: Level Possible Use: Residential Showing Requirements: Showing Service
Listing Office: Christies International Real Estate Bluegrass
Last Updated: January - 16 - 2026
Information deemed reliable but not guaranteed.