$224,900
 $1,277 est/mo Sourced by Back At You

316 Moberly Avenue,Richmond, KY 40475

Richmond, KY 40475

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Description

Fully occupied duplex offering immediate rental income in Richmond! This residential income property features two leased units totaling approximately 2,152 square feet. Unit A offers 1 bedroom and 1 bathroom, while Unit B features 4 bedrooms and 2 bathrooms. The property is currently generating $2,389 in total monthly income, with the landlord paying all utilities. With leases already in place, the next owner can step into an income-producing property from day one. Conveniently located near downtown Richmond with easy access to shopping, dining, EKU, and other area amenities. Whether you're looking to expand an existing rental portfolio or purchase an income-producing property, 316 Moberly Avenue is ready for its next owner.

Details

MLS #26021431
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1972
Days On Site8
Listing Provided ByThe Polley Group | Austin Polley

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,152
Units2
Building(s)1
ZoningR-1C
Acreage0.13

Interior

CoolingElectric
HeatingForced Air, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofShingle

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Area Information

StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
School DistrictMadison County
Elementary SchoolKit Carson
High SchoolMadison Central
Listing VS Median (in 40475)
Price:
$224,900
low | high
Med:
$334,000
2% of Average
sqft:
2,152
low | high
Med:
1,751
68.633828996283% of Average
$ / sqft:
$105
low | high
Med:
$191
32.52112303736% of Average
On site:
8
low | high
Med:
93
8.602150537634% of Average
Sourced by Back At You

Market Activity 40475

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.

Contact

Learn More About This Property

Coldwell Banker McMahan

Coldwell Banker McMahan

 (502) 241-8811marketing@cbmcmahan.com
StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
School DistrictMadison County
Elementary SchoolKit Carson
High SchoolMadison Central
Listing VS Median (in 40475)
Price:
$224,900
low | high
Med:
$334,000
2% of Average
sqft:
2,152
low | high
Med:
1,751
68.633828996283% of Average
$ / sqft:
$105
low | high
Med:
$191
32.52112303736% of Average
On site:
8
low | high
Med:
93
8.602150537634% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $168K - $281K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
350 Woodland Avenue Property Photo 1
$279,900
350 Woodland Avenue
Richmond, KY 40475
348 4th Street Property Photo 1
$61,000
348 4th Street
Richmond, KY 40475
Listing Updated: August 16, 2026 at 4:05:03 PM PDT

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Coldwell Banker McMahan Co

6402 Railroad Avenue
Crestwood, KY 40014
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.
The information is being provided by Greater Louisville MLS. Information deemed accurate 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 2026 Greater Louisville MLS. All Rights Reserved.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Kentucky Board of REALTORS.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Southern Indiana Board of REALTORS.
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