422 Letcher Avenue Richmond, KY 40475
Listing Courtesy of: MLS LogoImagine MLS / Listed By: Keller Williams Legacy Group

  422 Letcher Avenue Richmond, KY 40475

Active (113 Days)
$275,000 (USD)
5
BED
3
BATH
1,863
SQFT

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.

MLS #:
26002701
Lot Size
7,405 SQFT
Type
Single-Family Home
Year Built
1934
Views
Neighborhood
School District
Madison County - 8
County
Madison County
Community
Downtown

Listed By

Robin Jones, Keller Williams Legacy Group
Source
Imagine MLS
Last checked Jun 8 2026 at 12:36 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Ceiling Fan(s)
  • Appliances: Dishwasher
  • Appliances: Range
  • Appliances: Refrigerator
  • Window Features: Blinds
  • Laundry Features: Washer Hookup
  • Laundry Features: Electric Dryer Hookup
  • Window Features: Storm Window(s)
  • Primary Downstairs
Subdivision
  • Downtown
Property Features
  • Fireplace: Electric
  • Fireplace: Great Room
  • Fireplace: Dining Room
  • Fireplace: Insert
  • Foundation: Block
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Electric
Basement Information
  • Partial
  • Unfinished
  • Sump Pump
Flooring
  • Vinyl
  • Wood
  • Tile
Exterior Features
  • Other
  • Aluminum Siding
Utility Information
  • Utilities: Water Connected, Electricity Connected, Sewer Connected, Natural Gas Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Kit Carson
  • Middle School: Madison Mid
  • High School: Madison Central
Parking
  • Driveway
  • Detached Garage
Stories
  • One
Living Area
  • 1,863 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 19, 2026
Price Changed
$275,000
-2%
-$4,900
May 01, 2026
Price Changed
$279,900
-3%
-$7,600
Apr 10, 2026
Price Changed
$287,500
-2%
-$5,000
Mar 16, 2026
Price Changed
$292,500
-2%
-$7,400
Feb 15, 2026
Listed
$299,900
-
-
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Disclaimer: Copyright 2026 Imagine MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 6/7/26 17:36