Rare investment opportunity in the heart of downtown Richmond! This hard-to-find 4-plex offers four 1-bedroom, 1-bath units conveniently located near the city park, Madison Central High School, and downtown amenities. The property has undergone major updates over the years and features modern amenities in each unit, including an oven/range, refrigerator, microwave oven, dishwasher, washer/dryer combo, and granite countertops. All units are on their own electric meters / only one water meter for property. . With steady rental income and a prime location, this property is perfect for investors seeking a turnkey opportunity. Schedule your showing today!
Sold for $320,000
Zestimate®
$320,000
222 W Broadway Ave, Richmond, KY 40475
4beds
2,294sqft
Quadruplex
Built in 1940
-- sqft lot
$320,000 Zestimate®
$139/sqft
$960 Estimated rent
Home value
$320,000
$269,000 - $381,000
$960/mo
Zestimate® history
Owner options
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$960/mo
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$1,979/mo
Est. payment
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$1,979/mo
Est. payment
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Granite countertops
Zillow last checked:
Listing updated:
Listed by:
Amanda S Marcum 859-353-2853,
Berkshire Hathaway HomeServices Foster Realtors,
Kelli Hunt 859-779-1646,
Berkshire Hathaway HomeServices Foster Realtors
Bought with:
Amanda S Marcum, 214077
Berkshire Hathaway HomeServices Foster Realtors
Source: Imagine MLS,MLS#: 25000818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Electric
Interior area
- Total structure area: 2,294
- Total interior livable area: 2,294 sqft
Property
Parking
- Total spaces: 10
Lot
- Size: 7,004 Square Feet
Details
- Parcel number: R00700230003
- Zoning description: RC-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $285,000
- Annual tax amount: $2,731
- Date on market: 1/29/2025
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2025 | Sold | $320,000-3%$139/sqft |
Source:  Imagine MLS #25000818 Report a problem | ||
| 2/16/2025 | Contingent | $330,000$144/sqft |
Source: Imagine MLS #25000818 Report a problem | ||
| 1/29/2025 | Listed for sale | $330,000+15.8%$144/sqft |
Source: Imagine MLS #25000818 Report a problem | ||
| 7/26/2022 | Sold | $285,000-9.5%$124/sqft |
Source: Imagine MLS #22012124 Report a problem | ||
| 6/24/2022 | Contingent | $315,000$137/sqft |
Source: Imagine MLS #22012124 Report a problem | ||
| 6/20/2022 | Price change | $315,000-3.1%$137/sqft |
Source: Imagine MLS #22012124 Report a problem | ||
| 6/9/2022 | Listed for sale | $325,000+246.9%$142/sqft |
Source: Imagine MLS #22012124 Report a problem | ||
| 8/7/2018 | Listing removed | $93,700$41/sqft |
Source: RE/MAX Unlimited #1722234 Report a problem | ||
| 4/13/2018 | Pending sale | $93,700$41/sqft |
Source: RE/MAX Unlimited #1722234 Report a problem | ||
| 12/14/2017 | Listed for sale | $93,700$41/sqft |
Source: RE/MAX Unlimited #1722234 Report a problem | ||
| 12/8/2017 | Pending sale | $93,700$41/sqft |
Source: RE/MAX Unlimited #1722234 Report a problem | ||
| 11/25/2017 | Price change | $93,700-6.2%$41/sqft |
Source: RE/MAX Unlimited #1722234 Report a problem | ||
| 10/2/2017 | Listed for sale | $99,900$44/sqft |
Source: RE/MAX Unlimited #1722234 Report a problem | ||
| 11/12/2013 | Listing removed | $99,900$44/sqft |
Source: FIND KY HOMES REALTY #46689 Report a problem | ||
| 7/12/2013 | Listed for sale | $99,900+53.7%$44/sqft |
Source: FIND KY HOMES REALTY #46689 Report a problem | ||
| 8/20/2001 | Sold | $65,000$28/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,731 -1.2% | $285,000 |
| 2023 | $2,765 +72.2% | $285,000 +72.7% |
| 2022 | $1,605 +131.4% | $165,000 +135.7% |
| 2021 | $694 -24.2% | $70,000 -22.2% |
| 2018 | $915 +1.1% | $90,000 |
| 2017 | $905 +0.8% | $90,000 |
| 2016 | $898 +19.4% | $90,000 |
| 2015 | $752 -12.7% | $90,000 |
| 2014 | $861 | $90,000 |
| 2012 | $861 +14.6% | $90,000 -18.2% |
| 2011 | $752 | $110,000 |
Find assessor info on the county website
Neighborhood: 40475
Nearby homes
- $--1 bd1 ba500 sqft222 W Broadway Ave #1, Richmond, KY 40475Off Market
- $--1 bd1 ba500 sqft222 W Broadway Ave #3, Richmond, KY 40475Off Market
- $--1 bd1 ba600 sqft222 W Broadway Ave #2, Richmond, KY 40475Off Market
- $--1 bd1 ba561 sqft222 W Broadway Ave #4, Richmond, KY 40475Off Market
- $114,900-- bd-- ba762 sqft220 W Broadway Ave, Richmond, KY 40475Off Market
- $166,200-- bd-- ba1k sqft226 W Broadway Ave, Richmond, KY 40475Off Market
- $132,000-- bd-- ba1.8k sqft210 W Broadway Ave, Richmond, KY 40475Off Market
- $2,470-- bd-- ba600 sqft416 N 2nd St APT 1, Richmond, KY 40475Off Market
Nearby schools
GreatSchools rating
- 6/10Kit Carson Elementary SchoolGrades: 1-5Distance: 1.1 mi
- 8/10Madison Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Madison Central High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Kit Carson
- Middle: Madison Mid
- High: Madison Central
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Kentucky
- Madison County
- Richmond
- 40475
- 222 W Broadway Ave
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