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.
Pending
Price cut: $4.9K (5/19)
$275,000
422 Letcher Ave, Richmond, KY 40475
5beds
1,863sqft
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
- 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#: 26002701
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
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $275,000$148/sqft |
Source: | ||
| 5/19/2026 | Price change | $275,000-1.8%$148/sqft |
Source: | ||
| 5/1/2026 | Price change | $279,900-2.6%$150/sqft |
Source: | ||
| 4/10/2026 | Price change | $287,500-1.7%$154/sqft |
Source: | ||
| 3/16/2026 | Price change | $292,500-2.5%$157/sqft |
Source: | ||
| 2/15/2026 | Listed for sale | $299,900+39.8%$161/sqft |
Source: | ||
| 10/22/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/14/2022 | Sold | $214,500-6.7%$115/sqft |
Source: | ||
| 10/14/2022 | Listed for rent | $1,500+57.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/10/2022 | Listed for sale | $229,900+85.4%$123/sqft |
Source: Owner Report a problem | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/14/2020 | Listing removed | $950$1/sqft |
Source: Owner Report a problem | ||
| 11/10/2020 | Listed for rent | $950$1/sqft |
Source: Owner Report a problem | ||
| 1/3/2020 | Listing removed | $950$1/sqft |
Source: Owner Report a problem | ||
| 12/27/2019 | Listed for rent | $950$1/sqft |
Source: Owner Report a problem | ||
| 6/6/2019 | Listing removed | $950$1/sqft |
Source: Owner Report a problem | ||
| 5/15/2019 | Listed for rent | $950$1/sqft |
Source: Owner Report a problem | ||
| 1/30/2019 | Listing removed | $950$1/sqft |
Source: Owner Report a problem | ||
| 1/3/2019 | Listed for rent | $950$1/sqft |
Source: Owner Report a problem | ||
| 10/30/2014 | Sold | $124,000$67/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | $140,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 6/10Kit Carson Elementary SchoolGrades: 1-5Distance: 0.3 mi
- 8/10Madison Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Madison Central High SchoolGrades: 9-12Distance: 0.9 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kentucky
- Madison County
- Richmond
- 40475
- 422 Letcher Ave





