$3,450,000
SOLD MAR 13, 2026

323 High St Richmond, KY 40475

8 Beds
5 Baths
4,648 Sq Ft
0.42 Acres Lot

Sale Details

Date Sold: March 13, 2026

$742 Per Sq Ft

9% Below List Price

111 on Market

About This Home

As of March 2026

This is an opportunity for an investor that comes once in a lifetime! Looking for a 1031 exchange? Stop and look here!! 26 Units are available that are in a highly sought out area for rentals. Fully rented with the exception of one rental that will be filled shortly. Beautiful, historic late 1800's early 1900's homes (6 total) that have been used for rentals. Many video tours are attached of the other units, please see video tours. This listing displays 323 High st, the largest of the units. Some of these homes have had a basement apartment added and a few can still have this addition made. Newer apartment (6 unit) and two four plexes ,one triplex building included. These are fast to rent and located in walking distance to EKU, downtown and conveniently located between two I-75 off ramps that are in close proximity. These rental homes also have opportunity for expansion! The rentals included in this sale include 315 High st with 4 bedrooms and a back deck that was completed a year and a half ago (this home has opportunity to expand an apartment underneath the home and a building for rentals can be placed in rear of home). 323 & 327 High st are on the same lot with 323 High st including a very large 6 bedroom home with a back deck, lower 2 bed 2 bath apartment that is rented separate with a separate entrance and back covered patio. 327 High st has a four-plex with four two bedroom two full bath apartments and each unit has a small back yard area or patio. 331 High st is a large 5 bedroom home with a back deck and a 2 bed apartment below that has a covered patio. 335 High st is a large 5 bedroom house with a large back patio, large rooms and a 1 bedroom 1 bath apartment. Behind this house is also a garage that is included with misc doors, windows and other parts usable for rental repairs inside. 337 High st is a fourplex with 4 two bedroom, 2 full bath apartments. Two of those apartments have backyard space. Large parking area in between 323 and 331 high st and the two four-plexes. 335 High st is a 5 bedroom with a back deck and a 1 bedroom apartment below. 337 High st is a six unit apartment building with two three bedroom 2 full bath apartments (one is fully furnished) and 4 two bedroom 1 full bath apartments. All of those units have a back patio and there is a paved parking area in front of the apartment building. 351 High st is a large 5 bedroom home with a back deck and a large yard behind it that may have possibilities for a building to be added behind it and an apartment underneath it. There is off street gravel parking behind this home. 441 Oak st is a 4 bedroom home with a basement, deck was built approx 3 years ago, off street asphalt parking and garage behind the home. 433 Oak st has two four bedroom three full bath units and one three bedroom two full bath unit with a large deck and patio in back. Numerous improvements on these buildings including 3 of the buildings have had new roofs in the last three years, multiple newer HVAC units and improvements. Owner is licensed real estate agent and can answer questions regarding property.

Last Agent to Sell the Property

Rebecca Steele

Rock N' Realty LLC License #276572 Listed on: 10/07/2025

Last Buyer's Agent

Shawna Wever

Wever Realty LLC License #286622

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 18,295 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 4,648 Sq Ft Home
  • 4-Story Property
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • Paved Parking
  • On-Site Parking

Schools

  • Kit Carson Elementary School
  • Madison Mid Middle School
  • Madison Central High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Natural Gas Connected

Community Details

  • 10 Buildings
  • 26 Units
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R006-0009-0034

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.42 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Duplex, Multi Family, Quadruplex, Triplex, Other
  • Year Built: 1900
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • LivingArea: 4648.0
  • Lot Size Area: 0.42
  • Total Stories: 4

Exterior Features

  • Roof: Shingle
  • List Price: 3800000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Other, Paved

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump, Multi Units
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Schools

  • Elementary School: Kit Carson
  • High School: Madison Central
  • Middle or Junior School: Madison Mid

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295.2
  • Parcel Number: R006-0009-0034
  • Zoning Description: R-3

Multi Family

  • Number of Units Total: 26

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2025
Closed on
Mar 13, 2026
Sold by
Colonel Home Rentals Inc
Bought by
High Street Rentals Llc
Seller's Agent
Rebecca Steele
Rock N' Realty LLC
Buyer's Agent
Shawna Wever
Wever Realty LLC
List Price
$3,800,000
Sold Price
$3,450,000
Premium/Discount to List
-$350,000
-9.21%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-73.90%
Original Mortgage
$2,760,000
Outstanding Balance
$2,760,000
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$22,718

Purchase Details

Closed on
Aug 27, 2009
Sold by
Ousley Delbert and Breeding Carolyn
Bought by
Sword John D and Sword Sena Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,568
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $3,450,000 Foundation Title
Deed $93,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,760,000 New Conventional
Previous Owner $409,568 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 Sold $3,450,000 -9.2% $742 / Sq Ft
01/26/2026 01/26/26 Pending -- -- --
10/07/2025 10/07/25 For Sale $3,800,000 -- $818 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,422 $575,000 $0 $0
2024 $5,509 $575,000 $0 $0
2023 $5,578 $575,000 $0 $0
2022 $419 $324,500 $0 $0
2021 $3,216 $324,500 $0 $0
2020 $3,187 $315,000 $0 $0
2019 $3,050 $300,000 $0 $0
2018 $3,049 $300,000 $0 $0
2017 $3,016 $300,000 $0 $0
2016 $2,992 $300,000 $0 $0
2015 $2,871 $300,000 $0 $0
2014 $2,871 $300,000 $0 $0
2012 $2,871 $300,000 $50,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25503107

ImagineMLS (Bluegrass REALTORS®)

APN: R006-0009-0034

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