Investment Opportunity - Fully Tenant-Occupied Duplex in Richmond, KY
Calling all investors! This income-producing duplex in the heart of Richmond offers an excellent chance to add value and boost returns. Both units are currently tenant-occupied, ensuring immediate rental income from day one.
The property does need renovation and updates, giving you the perfect opportunity to increase equity and rental rates with the right improvements. Each unit features its own private entrance, separate utilities, and functional layouts.
Highlights:
• Fully tenant-occupied - instant income
• Separate utilities for each unit
• Prime location near EKU, shopping, and I-75
• Renovation potential to increase property value and cash flow
Whether you're looking to expand your rental portfolio or take on a value-add project, this duplex offers the best of both worlds: steady income now and room to grow later.
Being sold AS-IS with inspections welcomed. Showings require 24 hour minimum notice due to tenant occupancy.
Sold for $250,000
$250,000
304 S Keeneland Dr, Richmond, KY 40475
6beds
2,772sqft
Duplex
Built in ----
-- sqft lot
$247,400 Zestimate®
$90/sqft
$1,206 Estimated rent
Home value
$247,400
$210,000 - $292,000
$1,206/mo
Zestimate® history
Owner options
List your home for rent
$1,206/mo
Rent Zestimate®
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$1,206/mo
Rent Zestimate®
Refinance and save
$1,589/mo
Est. payment
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$1,589/mo
Est. payment
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List your homeWhat's special
Separate utilitiesPrivate entranceFunctional layouts
Zillow last checked:
Listing updated:
Listed by:
Anita O Brown 859-200-3609,
Keller Williams Legacy Group
Bought with:
Melissa Wells, 220567
RE/MAX Elite Realty
Source: Imagine MLS,MLS#: 25017593
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Heat Pump
Interior area
- Total structure area: 2,772
- Total interior livable area: 2,772 sqft
Property
Parking
- Total spaces: 5
- Parking features: On Site, Paved
Lot
- Size: 7,492 Square Feet
Details
- Parcel number: 054b00060018
- Zoning description: PUD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
Community & HOA
Community
- Subdivision: South Bluegrass Center
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $175,000
- Annual tax amount: $1,650
- Date on market: 8/20/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Sold | $250,000$90/sqft |
Source:  Imagine MLS #25017593 Report a problem | ||
| 9/2/2025 | Pending sale | $250,000$90/sqft |
Source: Imagine MLS #25017593 Report a problem | ||
| 8/24/2025 | Contingent | $250,000$90/sqft |
Source: Imagine MLS #25017593 Report a problem | ||
| 8/20/2025 | Listed for sale | $250,000$90/sqft |
Source: Imagine MLS #25017593 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,650 +23% | $175,000 +25% |
| 2024 | $1,341 -1.2% | $140,000 |
| 2023 | $1,358 -0.3% | $140,000 |
| 2022 | $1,362 -1.8% | $140,000 |
| 2021 | $1,387 +18.7% | $140,000 +21.7% |
| 2018 | $1,169 +1.1% | $115,000 |
| 2017 | $1,156 +0.8% | $115,000 |
| 2016 | $1,147 +2.5% | $115,000 |
| 2015 | $1,119 +1.7% | $115,000 |
| 2014 | $1,101 | $115,000 |
| 2012 | $1,101 +6.3% | $115,000 -11.5% |
| 2011 | $1,036 | $130,000 |
Find assessor info on the county website
Neighborhood: 40475
Nearby homes
- $275,5003 bd2 ba1.4k sqft304 S Keeneland Dr #B, Richmond, KY 40475Off Market
- $320,800-- bd-- ba1.3k sqft306B S Keeneland Dr, Richmond, KY 40475Off Market
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- $331,2006 bd4 ba2.7k sqft306 S Keeneland Dr, Richmond, KY 40475Off Market
- $320,800-- bd-- ba1.3k sqft306A S Keeneland Dr, Richmond, KY 40475Off Market
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- $223,1003 bd2 ba1.3k sqft310 S Keeneland Dr, Richmond, KY 40475Off Market
- $275,0003 bd3 ba2k sqft2110 Woodford Dr, Richmond, KY 40475Sold
Nearby schools
GreatSchools rating
- 7/10White Hall Elementary SchoolGrades: 1-5Distance: 0.5 mi
- 8/10Madison Middle SchoolGrades: 6-8Distance: 2.2 mi
- 7/10Madison Central High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: White Hall
- 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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$247,400
2% more
+$4,948
With Zillow Showcase(estimated)
$252,348
- Kentucky
- Madison County
- Richmond
- 40475
- 304 S Keeneland Dr
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