$260,000
SOLD MAY 27, 2025

423 Laurel St Unit 1-4 Richmond, KY 40475

4 Beds
4 Baths
1,857 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

49% Above List Price

2 Days on Market

About This Home

As of May 2025

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 Agent to Sell the Property

Crystal Taylor

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

Lifstyl Real Estate

Last Buyer's Agent

Melissa Wells

RE/MAX Elite Realty License #220567

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

Schools

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

Utilities

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

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
  • Property Sub-Type: Triplex
  • Structure Type: Triplex, Other
  • Year Built: 9999
  • New Construction: No
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 1857.0
  • Lot Size Area: 0.12
  • Total Stories: 2

Exterior Features

  • Roof: Metal
  • List Price: 260000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site
  • Total Parking Spaces: 10.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas, Space Heater
  • Cooling: Electric, Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating:Forced Air: Yes
  • Heating:Space Heater: Yes

Schools

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

Lot Info

  • Lot Dimensions: 135 x ?
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Parcel Number: R007-0013-0019
  • Zoning Description: R1C

Multi Family

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

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Price Changed $260,000 0.0% $140 / Sq Ft
05/27/2025 05/27/25 Sold $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®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25008260

ImagineMLS (Bluegrass REALTORS®)