422 Letcher Ave, Richmond, KY 40475

$255,500
5
BD
3
BA
1,863
SqFt

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Sold Price
$255,500
List Price
$275,000
Closing Date
Jul 24, 2026
MLS#
26002701
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
1,863
Lot Size
7,405

Property Description

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.

Additional Information

Year Built
1934
Appliances
Dishwasher, Refrigerator, Range
Basement
Partial, Sump Pump, Unfinished
Sewer
Public Sewer
Foundation
Block, Concrete Perimeter
Flooring
Tile, Vinyl, Wood
Heating
Forced Air, Natural Gas
Interior Features
Primary Downstairs, Ceiling Fans
Elementary School
Kit Carson
Middle School
Madison Mid
High School
Madison Central
Water
Public
Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Legacy Group. Selling Office: .