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228 Magnolia Drive

Richmond, KY 40475
  • $300,000
  • STATUS: Closed
  • ON SITE: 337 Days
  • MLS #: 25010366
Sold - 02/17/2026
$300,000
SOLD - 02/17/2026
  • 4
    BEDS
  • 0.5
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,800
    SQFT
  • $107
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Seller will do a land contract if buyer can pay large payments for a few years.. Well kept rare find 4 plex, each unit has 1 bedroom, full bath plus laundry room. Great location in Richmond not far to Eastern Kentucky University, EKU By-Pass and I-75. Nice lot with mature trees and blacktop parking. Two units on first floor and 2 units upstairs with stairwell inside middle of building, roof is 8 years olds, no carpet. Renters pay all utilities. Each unit is rented at $650. Listing agent must be at showings. Good investment to buy and live in one unit and rent the other 3 units. Great location

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

www.laneteamky.com/homes/163945924
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228 Magnolia Drive Richmond, KY 40475

  • Price: $329,900
  • Status: Closed
  • On Site: 337 Days
  • Updated: 45 min ago
  • MLS #: 25010366
4
Beds
4
Baths
0
½ Baths
0.5
Acres
2,800
SQFT
$107
$/SQFT
Neighborhood:
Greenway Hgts
County:
Madison
Area:
Madison County
Elementary School:
Kit Carson
Middle School:
Madison Mid
High School:
Madison Central
School District:
Madison County
Property Description
Seller will do a land contract if buyer can pay large payments for a few years.. Well kept rare find 4 plex, each unit has 1 bedroom, full bath plus laundry room. Great location in Richmond not far to Eastern Kentucky University, EKU By-Pass and I-75. Nice lot with mature trees and blacktop parking. Two units on first floor and 2 units upstairs with stairwell inside middle of building, roof is 8 years olds, no carpet. Renters pay all utilities. Each unit is rented at $650. Listing agent must be at showings. Good investment to buy and live in one unit and rent the other 3 units. Great location
Exterior Features

Parking Features [] Roof Composition

Interior Features

Building Area Total 2800 Cooling Window Unit(s) Cooling YN Yes Heating Baseboard Heating YN Yes Laundry Features []

Property Features

Accessibility Features YN No Association Amenities [] Association Fee Includes [] Community Features [] Listing Terms [] New Construction YN No Other Equipment [] Property Condition [] Property Sub Type Quadruplex Security Features [] Special Listing Conditions [] Structure Type Quadruplex Utilities Electricity ConnectedSewer ConnectedWater Connected Zoning Description multi fam

Bluegrass REALTORS® logo Listing provided courtesy of Delma Peercy of BlueHorse Realty: 859-661-5117 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502