203 Aqueduct Drive, Richmond, KY 40475

$1,272,000
Property Type: Residential Income Lot Size (sq. ft.): 12,284 Status: Closed
Current Price: $1,272,000 List Date: 12/12/2024 Last Modified: 11/25/2025

Overview

Description

Highly desirable rental property package in Madison County with low vacancy rates and strong rental demand. The package includes 203, 205, 207, 209 and 211 Aqueduct Drive. These duplex and triplex units present a great opportunity for passive income generation. With attached garages and updated roofs, these properties provide a great investment opportunity! Contact the listing agent for unit details.

Listing Details MLS# 24025586

Listing Information

Comp Sale YN
No
Property Sub Type
Duplex

Status Change Information

Status Change Timestamp
2025-03-06
Purchase Contract Date
2024-12-21
Close Date
2025-03-06
Close Price
1272000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
n/a

Address

County
Madison
Street Number
203
Street Name
Aqueduct
Street Suffix
Drive
State
KY
Zip Code
40475
Directions
Follow I-75 S to N/Lexington Rd in Richmond. Take exit 90B from I-75 South. Turn Right onto Lexington Rd, Turn Right onto Keystone and a final right onto Aqueduct.
Parcel Number
054C-0005-0039

Contract

Original List Price
1475000
Start Showing Date
2024-12-12
Listing Contract Date
2024-12-12
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
5230496.45
Sold Price/Acre
4510638.3
SP/LP
0.86

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
South Bluegrass Center

Building

Year Built
9999

More Information

Lot

Lot Size Acres
0.282
Lot Size Square Feet
12284

Remarks

Public Remarks
Highly desirable rental property package in Madison County with low vacancy rates and strong rental demand. The package includes 203, 205, 207, 209 and 211 Aqueduct Drive. These duplex and triplex units present a great opportunity for passive income generation. With attached garages and updated roofs, these properties provide a great investment opportunity! Contact the listing agent for unit details.

Showing Information

Showing Instructions
No lockboxes or signs at property. Listing agent to be present at showing- Please allow a 48hr notice. Proof of funds or pre approval letter to be provided before scheduling.

Tax & Legal

Zoning Description
Residential

Association/Community

Number Of Units Total
12

Possession

Subject To Tenant Rights
Yes

Structure Type

Duplex
Yes
Triplex
Yes

Property Features

Possession: Subject To Tenant Rights Structure Type: Duplex; Triplex
Listing Office: RE/MAX Elite Realty
Last Updated: November - 25 - 2025
Information deemed reliable but not guaranteed.
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