$260,000
PENDING $85K PRICE INCREASE

423 Laurel St Unit 1-4 Richmond, KY 40475

Estimated payment $1,719/month

Total Views 1,313
4 Beds
4 Baths
1,857 Sq Ft
$140 Price per Sq Ft

About This Home

Calling all investors!! Don't miss out on this rare opportunity to own 3 separate units consisting of 7 one bedroom 1 bath apartments. These properties are fully occupied with leases in place. 2 of the units have been recently updated. Highly desirable area. Close to EKU, Hospitals, Shopping, I-75 Interstate. Make your appointment today with 24 hour notice to tour property.

Last Listed By

Crystal Taylor

Lifstyl Real Estate License #216791 Listed on: 04/23/2025

Lifstyl Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 1,857 Sq Ft Home
  • Triplex
  • Metal Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Available
  • Gravel Driveway
  • On-Site Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number R007-0013-0019

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Brooks & Evans Subdivision

Building Details

  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Triplex, Other
  • Year Built: 9999
  • ResoPropertyType: ResidentialIncome
  • Utilities Sewer: Sewer Connected
  • Water: Water Connected
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Lot Size Area: 0.12

Exterior Features

  • Roof: Metal
  • List Price: 260000.0

Garage/Parking

  • Parking Features: On Site, Gravel
  • Parking:Gravel2: Yes
  • Parking On Site: Yes

Utilities

  • Heating: Forced Air, Space Heater, Electric, Natural Gas
  • Cooling: Electric, Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Parcel Number: R007-0013-0019
  • Zoning Description: R1C
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 3000.0
  • Number of Units Total: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/29/2025 05/29/25 Price Changed $260,000 +48.6% $140 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $175,000 -- $94 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Similar Homes in Richmond, KY

  • 316 Moberly Ave Unit A and B, Richmond, KY 40475

    $224,997

    • 5 Beds
    • 3 Baths
    • 316 Moberly Ave
    • Unit A and B
    • Richmond, KY

    Great rental income. If you are looking for that investment property that really gives you a return, this is it! With $1,495 rental income from the 4 bedroom side, it already pays for itself. That gives you another unit to either owner occupy or lease for more income. Don't Close to downtown and only minutes from EKU, this property is perfectly located for convenience. *******Just bring us an

    Philip 'PJ' Elder Omega Real Estate Brokerage LLC

    Section Image
  • 225 S 3rd St, Richmond, KY 40475

    $259,000

    • 4 Beds
    • 4 Baths
    • 225 S 3rd St
    • Richmond, KY

    DUPLEX NEAR THE EDGE OF EKU'S (EASTERN KY UNIVERSITYS) CAMPUS AND DOWNTOWN RICHMOND....BOTH UNITS ARE LEASED...UNIT 1'S LEASE IS THROUGH 2/28/2026 AND UNIT 2'S LEASE IS THROUGH 10/31/2025...BOTH PAY $875 MONTHLY AND THEY PAY ALL OF THEIR OWN UTILITIESEACH UNIT IS 2 BEDROOMS/ 1 1/2 BATHS

    Yvette Kelly Keller Williams Legacy Group

    Section Image
See All Homes in Richmond

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25008260

ImagineMLS (Bluegrass REALTORS®)

Kentucky Madison County Richmond 40475

423 Laurel St Unit 1-4, Richmond, KY

This home is located at 423 Laurel St Unit 1-4, Richmond, KY 40475 and is currently priced at $260,000, approximately $140 per square foot. 423 Laurel St Unit 1-4 is a home located in Madison County with nearby schools including Madison Middle School, Madison Central High School, and Madison Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

Nearby Homes
Crystal Taylor
Listing Agent
Crystal Taylor
Section Image
Lifstyl Real Estate
(859) 209-6056