# 1028 Merrick, Richmond, KY 40475

> **TL;DR:** 4bd/4ba residential multi family, $335,000 ($143/sqft), built 1999, 2,350 sqft.
> Hardwood. Est. $1,452/mo. Listed 70 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $335,000 |
| Price/sqft | $143 |
| Bedrooms | 4 |
| Bathrooms | 2 full, 2 half |
| Square Feet | 2,350 |
| Year Built | 1999 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 70 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,452 |
| **Total** | **$1,452** |

## Key Amenities

- Hardwood

## Property Highlights

- Built in 1999
- 0.22 acre lot
- 2 stories

## Description

### Agent Description
This duplex property in Richmond, KY offers a strong opportunity for investors or owner-occupants looking for income-producing property with separate living spaces and utilities. The property features two units: Side 1 offers approximately 1,250 sq ft and is leased month-to-month, while Side 2 offers approximately 1,100 sq ft and is currently leased on a year-long lease, providing flexibility for future occupancy or rental adjustments. Side 1 has been remodeled, while Side 2 offers the opportunity for updates and added value. Each unit is separately metered for electric and water, with tenants responsible for all utilities including electric, water, and trash, helping reduce owner expenses. The property is serviced by city water and sewer and operates as all-electric with no gas. HVAC systems for both units were replaced in September 2018. Exterior features include bay windows on both sides, stonework detailing with keystones above the windows, and a laser-engraved address in stone, adding to the property's curb appeal. A rear storage building provides space for lawn equipment such as a mower, blower, and weed eater. Both units also include pull-down attic stair access for additional storage. There is no HOA. Located in Richmond, the property is close to Eastern Kentucky University, local shopping, dining, and healthcare facilities. Outdoor recreation can be found nearby at Lake Reba Park and Paradise Cove Aquatic Center. Neighboring cities such as Lexington, Berea, and Nicholasville provide additional employment, entertainment, and dining options, making this a convenient and desirable rental location. This duplex offers a combination of current rental income, future upside potential, and a convenient location in a growing area.

## Location

- **Address:** 1028 Merrick, Richmond, KY 40475
- **Coordinates:** 37.752979, -84.277041
- **Google Maps:** https://www.google.com/maps?q=37.752979,-84.277041

## Listing Agent

- **Name:** MaKenzie Griffis
- **Brokerage:** eXp Realty, LLC
- **Phone:** 8886246448x101
- **Email:** listings@gratefulacresrealty.com

## Primary Photo

![1028 Merrick - Primary Photo](http://lh.rdcpix.com/b38a8e9bd7a82d38c086294c20fc0346l-f2642830882r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/1028-merrick-richmond-ky-40475-11738818)*

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**MLS#:** 11738818 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1028-merrick-richmond-ky-40475-11738818)

---

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