40475 Real Estate

40475 Real Estate

Welcome to Richmond, Kentucky, a charming city nestled in the heart of Madison County, where the zip code 40475 offers residents a delightful blend of small-town charm and modern conveniences. Known for its rich history and vibrant community, Richmond is a place where you can truly feel at home.

Richmond boasts a variety of amenities that cater to all lifestyles. From quaint local shops and eateries to larger retail centers, residents have access to everything they need just a stone's throw away. Enjoy a leisurely stroll through the historic downtown area, where you can explore unique boutiques and savor delicious cuisine at family-owned restaurants. The city is also home to several parks and recreational areas, perfect for outdoor enthusiasts looking to enjoy nature or engage in community events.

Education is a cornerstone of Richmond, with top-rated schools and the esteemed Eastern Kentucky University located within the city limits. This academic presence contributes to a vibrant cultural scene, bringing art, music, and community events that enrich the lives of residents.

Richmond's strategic location makes it an ideal spot for commuters, with easy access to major highways connecting you to nearby cities like Lexington. Whether you’re looking for a cozy starter home, a spacious family residence, or a charming historic property, the 40475 zip code has something for everyone.

Come discover the warmth and hospitality of Richmond, KY—where community spirit thrives, and your dream home awaits!

Newest Listings in 40475

$335,000
3159279 MLS ACTIVE Status 40475 Zip Code
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.

1028 Merrick Dr, Richmond

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.