403 Turpin Drive Richmond, KY 40475
Listing Courtesy of: MLS LogoImagine MLS / Realty Solutions

  403 Turpin Drive Richmond, KY 40475

Active (156 Days)
$280,000 (USD)
8
BED
4
BATH
3,000
SQFT

Description

Income producing 4-plex in good condition. It's hard to find a 4-plex now under $300,000 but this is it. Updates include soffitt/fascia board (2023), unit 1 wall HVAC unit (2023), unit 1 carpet and vinyl (2023), unit 2 water heater (2023), unit 2 wall HVAC unit (2023), unit 4 wall HVAC unit (2021), unit 4 vinyl (2023), unit 4 carpet (2025). Total rents are $2805/mo with 4 tenants occupying it. Mostly long term tenants. Landlord pays electricity (2 meters for 4plex) and water (1 meter for 4 plex). Average monthly bill for those is around $550/mo. Unit 1 pays $680 (month to month---been there 6 years). Unit 2 pays $695 (month to month--been there over a year). Unit 3 pays $705 (month to month--been there 9 years). Unit 4 pays $725 (section 8, month to month--been there over 5 years).

MLS #:
25505005
Lot Size
8,625 SQFT
Type
Multifamily
Year Built
1984
School District
Madison County - 8
County
Madison County
Community
Markwood

Listed By

Michael Wang, Realty Solutions
Source
Imagine MLS
Last checked Apr 3 2026 at 7:16 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Laundry Features: Washer Hookup
  • Laundry Features: Electric Dryer Hookup
Subdivision
  • Markwood
Heating and Cooling
  • Electric
  • Wall Unit(s)
Utility Information
  • Utilities: Water Available, Electricity Available, Sewer Available
School Information
  • Elementary School: Daniel Boone
  • Middle School: Clark-Moores
  • High School: Madison Central
Parking
  • On Site
Location
   
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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 4/3/26 00:16