205 Keystone Drive, Richmond, KY 40475

$780,000
Property Type: Residential Income Lot Size (sq. ft.): 24,041 Status: Closed
Current Price: $780,000 List Date: 12/11/2024 Last Modified: 11/25/2025

Overview

Description

Attention investors! Own a piece of prime real estate in the heart of a bustling college town with this 10-plex property. With a steady demand for rentals from students and faculty, this is a great opportunity to generate rental income. Contact the listing agent today for rental information and unit details.

Listing Details MLS# 24025563

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2025-03-06
Purchase Contract Date
2024-12-21
Close Date
2025-03-06
Close Price
780000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
n/a

Address

County
Madison
Street Number
205
Street Name
Keystone
Street Suffix
Drive
State
KY
Zip Code
40475
Directions
Take exit 90B from I75 South. Turn right onto Lexington Rd and another right onto Keystone.
Parcel Number
054C-0005-0029

Contract

Original List Price
905000
Start Showing Date
2024-12-11
Listing Contract Date
2024-12-11
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1639789.82
Sold Price/Acre
1413299.51
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
0.5519
Lot Size Square Feet
24041

Remarks

Public Remarks
Attention investors! Own a piece of prime real estate in the heart of a bustling college town with this 10-plex property. With a steady demand for rentals from students and faculty, this is a great opportunity to generate rental income. Contact the listing agent today for rental information and 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
Commercial

Association/Community

Number Of Units Total
10

Possession

Subject To Tenant Rights
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Property Features

Possession: Subject To Tenant Rights Special Listing Conditions: Standard Structure Type: Multi Family
Listing Office: RE/MAX Elite Realty
Last Updated: November - 25 - 2025
Information deemed reliable but not guaranteed.
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