$299,900

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
$161/sqft
Listed 21 hours 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.

Listing Status:: Active
Date Added:: February 15, 2026
Data Last Updated:: February 16, 2026 at 2:38AM
Listing Office:: Keller Williams Legacy Group : 859-544-6175
MLS ID:: 26002701

General: Primary DownstairsCeiling 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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Location

Schools Nearby

Kit Carson Elementary School

450 Tates Creek Rd, Richmond, KY, 40475

Grades 1-5

0.35 miles away

Madison Middle School

101 Summit St, Richmond, KY, 40475

Grades 6-8

0.91 miles away

Madison Central High School

705 N 2nd St, Richmond, KY, 40475

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.