$599,000
$21K PRICE DROP

413 N 2nd and 103 Moberly Ave Richmond, KY 40475

Estimated payment $3,863/month

Total Views 6,372
10 Beds
7 Baths
4,940 Sq Ft
$121 Price per Sq Ft

About This Home

$62,000 gross income last year!!! Great investment opportunity featuring a Duplex and Triplex. The duplex is currently being used as an airbnb and the triplex is a traditional rental. Located at 413 N. 2nd, the first residence is a duplex (one downstairs and one upstairs) that retains much of its original charm, including hardwood floors. The kitchens and bathrooms are updated to offer modern amenities and improved flow. The downstairs unit includes a living room, dining room, kitchen, 3 bedrooms, and 1 bathroom. The upstairs unit features a living room, kitchen, 2 large bedrooms, and 1 bathroom. Both units have their own washer/dryer hookups and separate electric meters. At 103 Moberly Ave., you'll find an updated triplex boasting custom-built tall closet doors, decorative ceiling beams, elegant light fixtures, and generously sized bedrooms. Each of the two-bedroom units (one downstairs and one upstairs) includes 2 bathrooms. Additionally, there is a spacious one-bedroom unit upstairs with a balcony. Each unit has its own electric and water meters. Whether you choose to live in one unit and rent out the others or add this property to your investment portfolio, this complex offers an excellent opportunity!

Listing Agent

Sarah Weber

Keller Williams Louisville East Brokerage Phone: 502-417-8004 License #241872 Listed on: 03/27/2025

Keller Williams Louisville East

Co-Listing Agent

Dana Gentry

Keller Williams Legacy Group Brokerage Phone: 502-417-8004 License #211794

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.41 Acre Lot

Parking

  • Parking Available

Home Design

  • 4,940 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Schools

  • Kit Carson Elementary School
  • Madison Mid Middle School
  • Not Applicable Middle School
  • Madison Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number R009-0001-0018; R009-001-0018-A

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Downtown Subdivision

Building Details

  • Gross Income $62,000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Duplex, Triplex
  • Year Built: 9999
  • Attribution Contact: 502-417-8004
  • Location Tax Legal Info:Elementary School: Kit Carson
  • Location Tax Legal Info:Middle or Junior School: Madison Mid
  • Location Tax Legal Info:High School: Madison Central
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2025-03-27
  • General Property Description:Lot Size Acres: 0.41
  • Utilities:Electricity2: Electricity Connected
  • Utilities Sewer: Sewer Connected
  • Water: Water Connected
  • Utilities:Natural Gas3: Natural Gas Connected
  • Cooling:Electric2: Yes
  • Cooling:Heat Pump3: Yes
  • General Property Description:Approximate Living Area: 4940.0
  • Cooling:Zoned: Yes
  • Structure Type:Duplex2: Yes
  • General Property Description:Number of Buildings: Two
  • Structure Type:Triplex2: Yes
  • Unit Info:_pound_ of Units: 5
  • Roof:Shingle2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bedrooms: 10
  • Lot Size Area: 0.41

Exterior Features

  • Roof: Shingle
  • List Price: 599000.0

Garage/Parking

  • Parking 1 - 5 Spaces: Yes

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Electric, Heat Pump, Zoned
  • Cooling: Yes
  • Heating: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Zoned2: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17860.0
  • Parcel Number: R009-0001-0018; R009-001-0018-A
  • Zoning Description: Residential/Mult Family

Multi Family

  • Gross Income: 62000.0
  • Number of Units Total: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $599,000 -1.8% $121 / Sq Ft
06/19/2025 06/19/25 Price Changed $610,000 -1.6% $123 / Sq Ft
03/27/2025 03/27/25 For Sale $620,000 -- $126 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25005951

ImagineMLS (Bluegrass REALTORS®)