422 Letcher Avenue, Richmond, KY 40475 (MLS# 26002701)

422 Letcher Avenue, Richmond, KY 40475

$275,000

Virtual Tour

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Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 1,863 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $275,000 List Date: 2/15/2026 Last Modified: 5/29/2026

Overview

Description

Downtown living with built-in income potential in the heart of Richmond! This versatile property features a 3BR/2BA main residence plus a detached garage with a 2BR/1BA apartment above (currently rented month-to-month). The main home offers a flexible floor plan with a spacious front living room that flows into a traditional dining room and renovated kitchen. A rear study/office provides the perfect space for working from home, playroom, or rec room. Three bedrooms include a primary suite with private bath. Carpet free home. Permanent stairs lead to a floored attic for ample storage, and the unfinished basement also provides additional storage space. Exterior features include a detached garage and large driveway w/generous parking. Ideal for owner-occupants seeking to offset their mortgage with rental income, multi-generational living, or investors looking for an immediate income-producing opportunity. Affordable price point with strong flexibility in a desirable downtown location. Ho ... (Read more)

Listing Details MLS# 26002701

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Price Change Timestamp: 2026-05-19T19:50:20Z
Status Change Timestamp: 2026-02-15

Address

County: Madison
Street Number: 422
Street Name: Letcher
Street Suffix: Avenue
State: KY
Zip Code: 40475
Directions: I-75 S to Exit 90-A; go approx 0.8 miles; turn R on Lexington Rd; go approx 1.2 miles; turn R on S. Poplar St; turn L on Letcher Avenue House is on the R
Parcel Number: R005-0009-0002
Tax District: 02 - Richmond Annex

Contract

Original List Price: 299900
Start Showing Date: 2026-02-15
Listing Contract Date: 2026-02-15
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 147.61

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
Above Grade Finished Area: 1863
Non-Compliant Total SqFt: 576
Living Area: 1863
Living Area Source: Public Records
Basement YN: Yes
Fireplace YN: Yes
Fireplaces Total: 2
Bathrooms Half: 0
Below Grade Finished Area: 0
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 2
Carport YN: No

Building

Year Built: 1934
Accessibility Features YN: No

Lot

Lot Size Source: Public Records
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Pool Private YN: No
View YN: Yes
Waterfront YN: No
Water Body Access YN: No
Horse YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Downtown living with built-in income potential in the heart of Richmond! This versatile property features a 3BR/2BA main residence plus a detached garage with a 2BR/1BA apartment above (currently rented month-to-month). The main home offers a flexible floor plan with a spacious front living room that flows into a traditional dining room and renovated kitchen. A rear study/office provides the perfect space for working from home, playroom, or rec room. Three bedrooms include a primary suite with private bath. Carpet free home. Permanent stairs lead to a floored attic for ample storage, and the unfinished basement also provides additional storage space. Exterior features include a detached garage and large driveway w/generous parking. Ideal for owner-occupants seeking to offset their mortgage with rental income, multi-generational living, or investors looking for an immediate income-producing opportunity. Affordable price point with strong flexibility in a desirable downtown location. House can be shown at any time but apartment requires 48 hour notice.

Amenity Fee Details

Amenity Fee YN: No

Room Types

Bathroom 1 Level: First
Bathroom 2 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Kitchen Level: First
Living Room Level: First
Office Level: First
Primary Bedroom Level: First
Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Kitchen: Yes
Living Room: Yes
Office: Yes
Primary Bedroom: Yes

Currently Not Used

List Price/Acre: 1617647.06

Tax & Legal

Elementary School: Kit Carson
Middle Or Junior School: Madison Mid
High School: Madison Central
Tax Rate: 0.0108
Design Review District YN: No

Association/Community

Association YN: No

Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Attic Features

Partially Floored: Yes
Permanent Stairs: Yes

Basement

Partial: Yes
Sump Pump: Yes
Unfinished: Yes

Construction Materials

Aluminum Siding: Yes
Other: Yes

Cooling

Electric: Yes

Fencing

Partial: Yes

Fireplace Features

Dining Room: Yes
Electric: Yes
Great Room: Yes
Insert: Yes

Flooring

Tile: Yes
Vinyl: Yes
Wood: Yes

Foundation Details

Block: Yes
Concrete Perimeter: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Ceiling Fan(s): Yes
Primary First Floor: Yes

Laundry Features

Electric Dryer Hookup: Yes
Lower Level: Yes
Washer Hookup: Yes

Levels

One: Yes

Parking Features

Detached Garage: Yes
Driveway: Yes

Patio And Porch Details

Front Porch: Yes

Patio And Porch Features

Porch: Yes

Possession

Negotiable: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

View

Neighborhood: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Window Features

Blinds: Yes
Storm Window(s): Yes

Showing Requirements

Showing Service: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Appliances: Dishwasher; Range; Refrigerator Attic Features: Partially Floored; Permanent Stairs Basement: Partial; Sump Pump; Unfinished Construction Materials: Aluminum Siding; Other Cooling: Electric Fencing: Partial Fireplace Features: Dining Room; Electric; Great Room; Insert Flooring: Tile; Vinyl; Wood Foundation Details: Block; Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Ceiling Fan(s); Primary First Floor Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Levels: One Parking Features: Detached Garage; Driveway Patio And Porch Details: Front Porch Patio And Porch Features: Porch Possession: Negotiable Roof: Shingle Sewer: Public Sewer Structure Type: House View: Neighborhood Water Heater: Gas Water Source: Public Window Features: Blinds; Storm Window(s) Showing Requirements: Showing Service Room Types: Bathroom 1; Bathroom 2; Bedroom 2; Bedroom 3; Kitchen; Living Room; Office; Primary Bedroom

Room Information

Room Name	Level
Primary Bedroom	First
Kitchen	First
Living Room	First
Office	First
Bedroom 2	First
Bedroom 3	First
Bathroom 1	First
Bathroom 2	First

Documents

Sellers Disclosure Of Property Condition ›

Lead Based Paint Disclosure ›

Plat ›

Listing Office: Keller Williams Legacy Group

Last Updated: May - 29 - 2026

Information deemed reliable but not guaranteed.