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Pending
  • Price cut: $4.9K (5/19)
    $275,000

    422 Letcher Ave, Richmond, KY 40475

    5beds
    1,863sqft
    : 
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    Single Family Residence
    Built in 1934
    7,405 Square Feet Lot
    $269,700 Zestimate®
    $148/sqft
    $-- HOA

    What's special

    Detached garageCarpet free homeRenovated kitchenTraditional dining room
    Downtown living with built-in income potential in the heart of Richmond! This versatile property features a 3BR/2BA main residence plus a detached garage with a 2BR/1BA apartment above (currently rented month-to-month). The main home offers a flexible floor plan with a spacious front living room that flows into a traditional dining room and renovated kitchen. A rear study/office provides the perfect space for working from home, playroom, or rec room. Three bedrooms include a primary suite with private bath. Carpet free home. Permanent stairs lead to a floored attic for ample storage, and the unfinished basement also provides additional storage space. Exterior features include a detached garage and large driveway w/generous parking. Ideal for owner-occupants seeking to offset their mortgage with rental income, multi-generational living, or investors looking for an immediate income-producing opportunity. Affordable price point with strong flexibility in a desirable downtown location. House can be shown at any time but apartment requires 48 hour notice.
    136 days
    |
    541
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robin S Jones 859-661-2010,

    Keller Williams Legacy Group

    Source: Imagine MLS,MLS#: 26002701MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: First
      Bathroom 1
      • Level: First
      Bathroom 2
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Office
      • Level: First
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Refrigerator, Range
      • Laundry: Electric Dryer Hookup, Washer Hookup, Lower Level
      Features
      • Ceiling Fan(s)
      • Flooring: Tile, Vinyl, Wood
      • Windows: Storm Window(s), Blinds
      • Basement: Partial,Sump Pump,Unfinished
      • Number of fireplaces: 2
      • Fireplace features: Dining Room, Electric, Great Room, Insert
      Interior area
      • Total structure area: 1,863
      • Total interior livable area: 1,863 sqft
      • Finished area above ground: 1,863
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage, Driveway
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Fencing: Partial
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 7,405 Square Feet
      Details
      • Parcel number: R00500090002

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Other
      • Foundation: Block, Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1934

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Downtown
      HOA
      • Has HOA: No
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $148/sqft
      • Tax assessed value: $214,500
      • Annual tax amount: $2,055
      • Date on market: 2/15/2026

        Estimated market value

        $269,700

        $256,000 - $283,000

        $2,416/mo

        Price history

        DateEventPrice
        6/23/2026Pending sale$275,000$148/sqft
        Source: Imagine MLS #26002701 Report a problem
        5/19/2026Price change$275,000-1.8%$148/sqft
        Source: Imagine MLS #26002701 Report a problem
        5/1/2026Price change$279,900-2.6%$150/sqft
        Source: Imagine MLS #26002701 Report a problem
        4/10/2026Price change$287,500-1.7%$154/sqft
        Source: Imagine MLS #26002701 Report a problem
        3/16/2026Price change$292,500-2.5%$157/sqft
        Source: Imagine MLS #26002701 Report a problem
        2/15/2026Listed for sale$299,900+39.8%$161/sqft
        Source: Imagine MLS #26002701 Report a problem
        10/22/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/14/2022Sold$214,500-6.7%$115/sqft
        Source: Imagine MLS #23000715 Report a problem
        10/14/2022Listed for rent$1,500+57.9%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/10/2022Listed for sale$229,900+85.4%$123/sqft
        Source: Owner Report a problem
        2/28/2021Listing removed--
        Source: Owner Report a problem
        11/14/2020Listing removed$950$1/sqft
        Source: Owner Report a problem
        11/10/2020Listed for rent$950$1/sqft
        Source: Owner Report a problem
        1/3/2020Listing removed$950$1/sqft
        Source: Owner Report a problem
        12/27/2019Listed for rent$950$1/sqft
        Source: Owner Report a problem
        6/6/2019Listing removed$950$1/sqft
        Source: Owner Report a problem
        5/15/2019Listed for rent$950$1/sqft
        Source: Owner Report a problem
        1/30/2019Listing removed$950$1/sqft
        Source: Owner Report a problem
        1/3/2019Listed for rent$950$1/sqft
        Source: Owner Report a problem
        10/30/2014Sold$124,000$67/sqft
        Source: Imagine MLS #1413890 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,055 -1.2%$214,500
        2023$2,081 +62.1%$214,500 +62.6%
        2022$1,283 -1.8%$131,900
        2021$1,307 +3.7%$131,900 +6.4%
        2018$1,260 +1.1%$124,000
        2017$1,247 +0.8%$124,000
        2016$1,237 +50.8%$124,000
        2015$820 $124,000 -11.4%
        2014$820 -38.8%$140,000
        2012$1,340 +63.4%$140,000
        2011$820 $140,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40475

        Getting around

        37 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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