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#25014577, Listing office: Keller Williams Legacy Group
$385,000 List price
228 Magnolia Dr Richmond, KY 40475
4 beds
4 full
2,800 sqft
0.5 acres
$138 / sqft
Multi-Family
Property details
About 228 Magnolia Dr
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.
Highlights
Home typeMulti Family
HeatingBaseboard
StatusActive
CoolingWindow Unit(s)
Size2,800 sqft
Lot size0.5 Acres
Year built9999
Parking1 - 5 Spaces
MLS #25010366
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 4
- Parking: 1 - 5 Spaces
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $385,000
- Price/SqFt: $137
- Annual Tax Amount: $1,843
- Tax Year: 2023
- Directions: I-75 south to Exit 83, left over interstate bridge(EKU ByPass) than left on Killarney; at stop sign veer right on Barnes Mill Rd than go straight at 4 way stop than right on Magnolia, property on corner on right .
- Year Built: 9999
- Living Area: 2,800 SqFt
- Lot Size: 0.5 Acres
- MLS Number: 25010366
- Office Name: BlueHorse Realty
- Office Phone: (859) 661-5117
- Office Email: kimlovewilson@gmail.com
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: 7/16/2025, 5:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 12, 2011 | Home Sold | $180,000 |
| Mar 20, 2007 | Home Sold | $170,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $190,000 | $1,843 |
| 2022 | $190,000 | $1,848 |
| 2021 | $190,000 | $254 |
| 2019 | $190,000 | $264 |
| 2018 | $190,000 | $1,930 |
History based on county public records data.
Nearby schools
7
Kit Carson Elementary School
Public District 1-5
1.0 mi
•450 Tates Creek Rd
6
Daniel Boone Elementary School
Public District 1-5
1.7 mi
•710 N 2nd St
5
Glenn Marshall Elementary School
Public District 1-5
2.5 mi
•1442 Robert R Martin Bypass
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,077. The majority of Richmond, KY residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
44%
<35k
42%
35k-100k
14%
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?
66%
Single, No Kids
6%
Single, with Kids
19%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
4%
12-17 yrs old
36%
18-34 yrs old
29%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
Soccer
Continuing Education Courses
NBA/WNBA
Where do the neighbors shop?
Forever 21
Express/Express For Men
Stein Mart
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Starbucks
What do the neighbors drive?
Mazda
Volkswagen
Pontiac
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Richmond, KY
Richmond's transport infrastructure caters to a variety of mobility needs, with public transit options complementing the network of roads and highways that connect the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Bike paths are also available for cycling enthusiasts. Enhancements to the transportation system are ongoing, aiming to improve the efficiency and accessibility for all residents.
The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of medical care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture and cuisine. Initiatives are in place to adapt services to the evolving needs of Richmond's diverse population.
Richmond is celebrated for its historical significance and vibrant community spirit. The city prides itself on its rich cultural heritage, with numerous landmarks and museums that pay homage to its past. Annual events and festivals contribute to the strong sense of community, drawing residents together to celebrate and foster local traditions.
Richmond's housing market showcases a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from classic colonial to contemporary, reflecting the city's historical roots and modern growth. The market is balanced with a mix of both homeowners and renters, providing living spaces for a variety of preferences and needs.
About 228 Magnolia Dr
The listing price of 228 Magnolia Dr property is $385,000.
The property 228 Magnolia Dr is a multi located in Richmond, Kentucky, 40475.
Active Listing: 228 Magnolia Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 228 Magnolia Dr are: Kit Carson Elementary School (GreatSchools Rating 7/10), Daniel Boone Elementary School (GreatSchools Rating 6/10), Glenn Marshall Elementary School (GreatSchools Rating 5/10), Madison Middle School (GreatSchools Rating 4/10), Clark Moores Middle School (GreatSchools Rating 5/10), B. Michael Caudill Middle School (GreatSchools Rating 7/10), Madison Central High School (GreatSchools Rating 5/10), Madison Southern High School (GreatSchools Rating 8/10), Berea Community High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,843 (source: MLS/based on county public records data).
The last sale was on May 12, 2011 for $180,000 (source: MLS/tax record).
The property 228 Magnolia Dr is 2,800 SqFt (source: MLS/tax record).
The year of construction for 228 Magnolia Dr is 9999.
This home is located at 228 Magnolia Dr in Richmond, KY and zip code 40475. This 2,800 square foot home, which was built in 9999, sits on a 0.50 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $385,000.
In June 2025 more than 12 listings in Richmond, KY were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 42 were sold below. In June 2025 in Richmond, KY there were 0.6% more homes for sale than in May. The median list price of listings available in June 2025 was $301,452, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.