$330,000

222 W Broadway Ave Richmond, KY 40475

$3,919
Closing credit¹
4 beds
4 full
2,294 sqft
0.2 acres
$144 / sqft
Multi-Family

Property details

About 222 W Broadway Ave

Rare investment opportunity in the heart of downtown Richmond! This hard-to-find 4-plex offers four 1-bedroom, 1-bath units conveniently located near the city park, Madison Central High School, and downtown amenities. The property has undergone major updates over the years and features modern amenities in each unit, including an oven/range, refrigerator, microwave oven, dishwasher, washer/dryer combo, and granite countertops. All units are on their own electric meters / only one water meter for property. . With steady rental income and a prime location, this property is perfect for investors seeking a turnkey opportunity. Schedule your showing today!

Highlights

Home typeMulti Family
HeatingElectric
StatusAccepting Backup Offers
(Contingent)
CoolingElectric
Size2,294 sqft
Lot size0.1608 Acres
Year built1940
Parking6 - 10 Spaces
MLS #25000818

Summary

  • MLS Number: 25000818
  • Office Name: Berkshire Hathaway HomeServices Foster Realtors
  • Office Phone: (859) 623-9427
  • Office Email: amanda@marcumsold.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$330,000

222 W Broadway Ave

$3,919

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 27, 2022
Home Sold
$285,000
Feb 19, 2020
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2023$285,000$2,764
2022$165,000$1,605
2021$70,000$93
2019$90,000$97
2018$90,000$914

History based on county public records data.

Nearby schools

6

Daniel Boone Elementary School

Public District 1-5

0.4 mi

710 N 2nd St

7

Kit Carson Elementary School

Public District 1-5

1.1 mi

450 Tates Creek Rd

5

Glenn Marshall Elementary School

Public District 1-5

1.5 mi

1442 Robert R Martin Bypass

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,593. Typical income of Richmond, KY residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

56%
<35k
40%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

63%
Single, No Kids
16%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
3%
12-17 yrs old
46%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • UFCUFC
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Forever 21Forever 21
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Burger KingBurger King
  • QdobaQdoba

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Richmond, KY

About 222 W Broadway Ave

This home is located at 222 W Broadway Ave in Richmond, KY and zip code 40475. This 2,294 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $330,000.

Richmond, KY housing market in February 2025 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 19 sold below. The inventory of homes for sale in Richmond, KY between January and February 2025 increased by 8%. In February 2025 median list price was $305,562 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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