$275,000

422 Letcher Avenue, Richmond, KY 40475

5 beds |
3 baths |
1,863 sqft

Single-Family Home
Built in 1934
7,405sqft lot
2 car garage
$148/sqft
Listed 3 months ago

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.

Listing Status:: Active
Date Added:: February 15, 2026
Data Last Updated:: May 20, 2026 at 1:40PM
Listing Office:: Keller Williams Legacy Group : 859-544-6175
MLS ID:: 26002701

General: Primary First FloorCeiling Fan(s)
Appliances: DishwasherRefrigeratorRange
Laundry: Electric Dryer HookupWasher HookupLower Level
Basement: PartialSump PumpUnfinished
Flooring: TileVinylWood
A/C: Electric
Heating: Forced AirNatural Gas
Fireplace: Dining RoomElectricGreat RoomInsertFireplaceFireplaces: 2

Parking: Detached GarageDriveway

Roofing: Shingle
Windows: Storm Window(s)Blinds
General: Aluminum SidingOtherOneBlockConcrete Perimeter

Originating MLS: Imagine MLS (Bluegrass REALTORS®)
School District: Madison County - 8
County: Madison

Zoning: R005-0009-0002
View: NeighborhoodView
Fencing: Partial

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Keller Williams Legacy Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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