About 323 High Street
This is an opportunity for an investor that comes once in a lifetime! Looking for a 1031 exchange? Stop and look here!! 26 Units are available that are in a highly sought out area for rentals. Fully rented with the exception of one rental that will be filled shortly. Beautiful, historic late 1800's early 1900's homes (6 total) that have been used for rentals. Many video tours are attached of the other units, please see video tours. This listing displays 323 High st, the largest of the units. Some of these homes have had a basement apartment added and a few can still have this addition made. Newer apartment (6 unit) and two four plexes ,one triplex building included. These are fast to rent and located in walking distance to EKU, downtown and conveniently located between two I-75 off ramps that are in close proximity. These rental homes also have opportunity for expansion! The rentals included in this sale include 315 High st with 4 bedrooms and a back deck that was completed a year and a half ago (this home has opportunity to expand an apartment underneath the home and a building for rentals can be placed in rear of home). 323 & 327 High st are on the same lot with 323 High st including a very large 6 bedroom home with a back deck, lower 2 bed 2 bath apartment that is rented separate with a separate entrance and back covered patio. 327 High st has a four-plex with four two bedroom two full bath apartments and each unit has a small back yard area or patio. 331 High st is a large 5 bedroom home with a back deck and a 2 bed apartment below that has a covered patio. 335 High st is a large 5 bedroom house with a large back patio, large rooms and a 1 bedroom 1 bath apartment. Behind this house is also a garage that is included with misc doors, windows and other parts usable for rental repairs inside. 337 High st is a fourplex with 4 two bedroom, 2 full bath apartments. Two of those apartments have backyard space. Large parking area in between 323 and 331 high st and the two four-plexes. 335 High st is a 5 bedroom with a back deck and a 1 bedroom apartment below. 337 High st is a six unit apartment building with two three bedroom 2 full bath apartments (one is fully furnished) and 4 two bedroom 1 full bath apartments. All of those units have a back patio and there is a paved parking area in front of the apartment building. 351 High st is a large 5 bedroom home with a back deck and a large yard behind it that may have possibilities for a building to be added behind it and an apartment underneath it. There is off street gravel parking behind this home. 441 Oak st is a 4 bedroom home with a basement, deck was built approx 3 years ago, off street asphalt parking and garage behind the home. 433 Oak st has two four bedroom three full bath units and one three bedroom two full bath unit with a large deck and patio in back. Numerous improvements on these buildings including 3 of the buildings have had new roofs in the last three years, multiple newer HVAC units and improvements. Owner is licensed real estate agent and can answer questions regarding property.
Residential Income property for sale in Richmond, KY at 323 High Street. This 8 bedroom Residential Income property is priced at $818/sqft
Facts & Features of 323 High Street
MLS® # | 25503107 |
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Price | $3,800,000 |
Bedrooms | 8 |
Bathrooms | 5.00 |
Full Baths | 5 |
Square Footage | 4,648 |
Acres | 0.42 |
Year Built | 1900 |
Type | Residential Income |
Sub-Type | Apartment |
Status | Active |
Community Information of 323 High Street
Address | 323 High Street |
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Area | 008 - Madison County |
Subdivision | Downtown |
City | Richmond |
County | Madison |
State | KY |
Zip Code | 40475 |
Amenities of 323 High Street
Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
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Parking | On Site, Other, Paved |
Is Waterfront | No |
Has Pool | No |
Interior of 323 High Street
Heating | Electric, Forced Air, Heat Pump |
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Cooling | Central Air, Electric, Heat Pump, Multi Units |
Fireplace | No |
# of Stories | 4 |
Master On Main floor | No |
Exterior of 323 High Street
Roof | Shingle |
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School Information On 323 High Street
District | Madison County - 8 |
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Elementary | Kit Carson |
Middle | Madison Mid |
High | Madison Central |
Additional Information On 323 High Street
Date Listed | October 6th, 2025 |
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Zoning | R-3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details On 323 High Street
Office | Rock N' Realty LLC |
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