401 North Street, Richmond, KY 40475

$350,000
Property Type: Residential Income Bedrooms: 3 Baths: 3 Square Footage: 3,224 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $350,000 List Date: 9/08/2026 Last Modified: 9/08/2026

Overview

Description

Unique income producing property. This property is zoned B-3 with main floor zoned commercial and has 1612 sq. ft. Second floor has two apartments. One has two bedrooms and one bath with 982 sq. ft. and rents for $1,000 per month. Second one has one bedroom and one bath 476 sq. ft. and rents for $800 per month. All three units have HVAC, hot water heaters, windows and doors installed 2024. Each unit all electric that have their own electric service. Each unit has separate entrances and stairs repaired and or replaced.

Listing Details MLS# 26024679

Listing Information

Comp Sale YN
No
Property Sub Type
Triplex

Status Change Information

Status Change Timestamp
2026-09-08

Address

County
Madison
Street Number
401
Street Name
North
Street Suffix
Street
State
KY
Zip Code
40475
Directions
From Main St. take 3rd St. and left on North.
Parcel Number
R008-0001-0015
Deed Book
854
Deed Page
551

Contract

Original List Price
350000
Start Showing Date
2026-09-08
Listing Contract Date
2026-09-08
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
2333333.33
List Price/SqFt
108.56

Tax Legal

MLS Area Major
008 - Madison County
High School District
Madison County - 8

Interior

Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Living Area
3224
Living Area Source
Listing Agent Measured

More Information

Building

Year Built
9999
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.15
Lot Size Square Feet
6534
Road Frontage Feet
45

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Unique income producing property. This property is zoned B-3 with main floor zoned commercial and has 1612 sq. ft. Second floor has two apartments. One has two bedrooms and one bath with 982 sq. ft. and rents for $1,000 per month. Second one has one bedroom and one bath 476 sq. ft. and rents for $800 per month. All three units have HVAC, hot water heaters, windows and doors installed 2024. Each unit all electric that have their own electric service. Each unit has separate entrances and stairs repaired and or replaced.

Building and Property Details

Building Expansion Potential YN
No
Lot Expansion Potential YN
No
Furniture, Fixtures & Equipment YN
No
Office SqFt
1612

Income and Expenses

Insurance Expense
1145.52
Total Actual Rent
1800

Unit Details

Number Of Units Vacant
Yes

Showing Information

Showing Instructions
Showing Time Sentrilock

Property Features

Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Heat Pump Heating: Heat Pump Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: 1031 Exchange Parking Features: On Street Possession: Negotiable Roof: Rubber Showing Considerations: Pet(s) on Premises Structure Type: Multi Family; Triplex Showing Requirements: Showing Service
Listing Office: CENTURY 21 Advantage Realty
Last Updated: September - 08 - 2026
Information deemed reliable but not guaranteed.