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1028 Merrick
Richmond KY 40475 US

$335,000

Active Listing ID 11738818
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4 bed
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4.00 Bath (2 Full , 2 Half)
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Lot: 0.22 Acres
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Other

$335,000

Active Listing ID 11738818
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1028 Merrick This duplex property in Richmond, KY offers a strong opportunity for investors or owner-occupants looking for income-producing property with separate living spaces and utilities. The property features two units: Side 1 offers approximately 1, 250 sq ft and is leased month-to-month, while Side 2 offers approximately 1, 100 sq ft and is currently leased on a year-long lease, providing flexibility for future occupancy or rental adjustments. Side 1 has been remodeled, while Side 2 offers the opportunity for updates and added value. Each unit is separately metered for electric and water, with tenants responsible for all utilities including electric, water, and trash, helping reduce owner expenses. The property is serviced by city water and sewer and operates as all-electric with no gas. HVAC systems for both units were replaced in September 2018. Exterior features include bay windows on both sides, stonework detailing with keystones above the windows, and a laser-engraved address in stone, adding to the property's curb appeal. A rear storage building provides space for lawn equipment such as a mower, blower, and weed eater. Both units also include pull-down attic stair access for additional storage. There is no HOA. Located in Richmond, the property is close to Eastern Kentucky University, local shopping, dining, and healthcare facilities. Outdoor recreation can be found nearby at Lake Reba Park and Paradise Cove Aquatic Center. Neighboring cities such as Lexington, Berea, and Nicholasville provide additional employment, entertainment, and dining options, making this a convenient and desirable rental location. This duplex offers a combination of current rental income, future upside potential, and a convenient location in a growing area.

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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 2
  • Cooling System: Central Air
  • Floor Covering: Hardwood, Tile, Carpet
  • Roof Type: Asphalt
  • Heating Fuels: Electric (Heating), Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 335000
  • unparsedaddress: 1028 Merrick
  • postalcity: Richmond
  • stateorprovince: KY
  • country: US
  • postalcode: 40475
  • bathroomsfull: 2
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.22
  • lotsizeunits: Acres
  • lotsizearea: 0.22
  • livingarea: 2350
  • livingareaunits: Square Feet
  • latitude: 37.752979
  • longitude: -84.277041
  • listagentfullname: Makenzie Griffis
  • listagentemail: listings@gratefulacresrealty.com
  • listagentkey: 3yd-NYSMLS-255318
  • listagentmlsid: 255318
  • listagentpreferredphone: 931-367-1584
  • listagentofficephone: 9313671584
  • listofficekey: 3yd-NYSMLS-29123
  • listofficemlsid: 29123
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1999
  • listingcontractdate: 2026-03-23
  • countyorparish: Madison
  • constructionmaterials: Vinyl Siding, Brick
  • flooring: Hardwood, Tile, Carpet
  • heating: Electric (Heating), Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.27704, 37.75298
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Grateful Acres Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"listings@gratefulacresrealty.com", "ListBrokerageCity":"Clarksville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Grateful Acres Realty", "ListBrokeragePhone":"931-367-1584", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2791 Cascade Dr", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" 2791 Cascade Dr", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"29123", "ListOfficeCity":"Clarksville", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"37042", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Richmond, KY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1028-Merrick-Dr_Richmond_KY_40475_M32736-01173?f=listhub&s=NYSMLS&m=11738818&c=rexren", "MLSModificationTimestamp":"2026-06-15 17:49:12", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1651, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/12/2026 10:34:49 PM GMT
Source Updated Date: 7/20/2026 6:33:37 PM GMT

Courtesy of: Makenzie Griffis, Grateful Acres Realty, listings@gratefulacresrealty.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.