For sale by owner

$225,000

149 Richmond Ave, Mt Sterling, KY 40353

4beds

4,800sqft

$1,515/mo

Get pre-qualified

MultiFamily

Built in 1967

-- sqft lot

$-- Zestimate^®

$47/sqft

$-- HOA

What's special

New windowsFenced landNew vinyl sidingNewly remodeled duplex unitsNew doors

Great Investment Opportunity! 1 acre with stream, fenced land, commercial building and duplex. Instantly become the Landlord of FOUR UNITS with this well maintained property! One Duplex offers 2BR/1BA each side (Rents for $750/$675, warehouse space (rents for $800/month), and a gated Chainlink fenced lot (rents for $300/month). Combined monthly rental income of $2,480. Large 1 Acre lot. Approximately 1800 sf duplex and 3000 sf storage area. Newly Remodeled Duplex Units, new Windows, New Doors, New Vinyl Siding, New 30-year warranty three-dimensional shingles (~72 squares of shingles). There is so much potential to expand, create more apartments in the larger building with a modest investment. Expand into the large lot, or just enjoy the generous cap rate. Call and leave your name and phone number at: 863-287-4253

What the owner loves about this home

Great rental property! Excellent cash flow!

41 days

1,119

50

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Baseboard, Electric

Cooling

Other

Appliances

Included: Range / Oven, Refrigerator

Features

Flooring: Hardwood, Laminate, Linoleum / Vinyl
Basement: None
Has fireplace: No

Interior area

Total interior livable area: 4,800 sqft

Property

Parking

Total spaces: 8
Parking features: Off-street, Garage

Features

Exterior features: Vinyl
Has view: Yes
View description: City

Lot

Size: 1.01 Acres

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Composition

Condition

New construction: No
Year built: 1967

Community & HOA

Location

Region: Mt Sterling

Financial & listing details

Price per square foot: $47/sqft
Date on market: 7/7/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,120/mo

Price history

Date	Event	Price
7/7/2026	Listed for sale	$225,000-6.3%$47/sqft
Source: Owner Report a problem
6/10/2026	Listing removed	$240,000$50/sqft
Source: Imagine MLS #26005415 Report a problem
5/2/2026	Price change	$240,000-11.1%$50/sqft
Source: Imagine MLS #26005415 Report a problem
3/19/2026	Listed for sale	$270,000+20%$56/sqft
Source: Imagine MLS #26005415 Report a problem
9/19/2022	Listing removed	--
Source: Owner Report a problem
6/22/2022	Price change	$224,999-10%$47/sqft
Source: Owner Report a problem
5/20/2022	Price change	$250,000-9.1%$52/sqft
Source: Owner Report a problem
3/24/2022	Listed for sale	$275,000+97.8%$57/sqft
Source: Owner Report a problem
3/29/2021	Listing removed	--
Source: Keller Williams Report a problem
3/19/2021	Listed for rent	$695
Source: Keller Williams #20104741 Report a problem
3/6/2021	Listing removed	--
Source: Keller Williams Report a problem
2/27/2021	Listed for rent	$695+15.8%
Source: Keller Williams #20103281 Report a problem
7/11/2018	Listing removed	$600
Source: Owner Report a problem
6/30/2018	Price change	$600-7.7%
Source: Owner Report a problem
6/25/2018	Listed for rent	$650
Source: Owner Report a problem
5/26/2015	Listing removed	$139,000$29/sqft
Source: Keller Williams - Greater Lexington #1503715 Report a problem
4/30/2015	Price change	$139,000-7.3%$29/sqft
Source: Keller Williams - Greater Lexington #1503715 Report a problem
4/9/2015	Price change	$149,900-9.1%$31/sqft
Source: Keller Williams - Greater Lexington #1503715 Report a problem
3/19/2015	Price change	$164,900-2.9%$34/sqft
Source: Keller Williams Greater Lexington #1503715 Report a problem
12/26/2014	Listed for sale	$169,900+192.9%$35/sqft
Source: Owner Report a problem
4/4/2014	Sold	$58,000-15.3%$12/sqft
Source: Imagine MLS #1319574 Report a problem
10/3/2013	Listed for sale	$68,500$14/sqft
Source: McCormick Realty Inc. #1319574 Report a problem