USAKYRichmondMerrick Place1028 Merrick Dr
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1028 Merrick Dr, Richmond, KY

Real Estate

For Sale

Listed price in listed location currency (USD).
$319,900

000

MLS® 3159279

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2350 sqft
Garage No
Taxes $1,651
Days Active 3
Lot Size 
Approx. Age 1999
Avg. Price Per Sqft $136
MLS® Number 3159279

Property Address: 1028 Merrick Dr, Richmond, KY, 40475-8132

Average square foot calculated using Size range provided by listing agent.

Description

This duplex property in Richmond, KY offers a strong opportunity for investors or owner-occupants looking for income-producing property with separate living spaces and utilities. The property features two units: Side 1 offers approximately 1, 250 sq ft and is leased month-to-month, while Side 2 offers approximately 1, 100 sq ft and is currently leased on a year-long lease, providing flexibility for future occupancy or rental adjustments. Side 1 has been remodeled, while Side 2 offers the opportunity for updates and added value. Each unit is separately metered for electric and water, with tenants responsible for all utilities including electric, water, and trash, helping reduce owner expenses. The property is serviced by city water and sewer and operates as all-electric with no gas. HVAC systems for both units were replaced in September 2018. Exterior features include bay windows on both sides, stonework detailing with keystones above the windows, and a laser-engraved address in stone, adding to the property's curb appeal. A rear storage building provides space for lawn equipment such as a mower, blower, and weed eater. Both units also include pull-down attic stair access for additional storage. There is no HOA. Located in Richmond, the property is close to Eastern Kentucky University, local shopping, dining, and healthcare facilities. Outdoor recreation can be found nearby at Lake Reba Park and Paradise Cove Aquatic Center. Neighboring cities such as Lexington, Berea, and Nicholasville provide additional employment, entertainment, and dining options, making this a convenient and desirable rental location. This duplex offers a combination of current rental income, future upside potential, and a convenient location in a growing area.
MLS® Number3159279
Laundry LevelIndividual, Electric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1999
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Negotiable

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$319,900List Price
  • Commute

Commute

Starting Address
Destination Address
1028 Merrick Dr, Richmond, KY

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