See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

149 Richmond Ave, Mt Sterling, KY, 40353

4beds
2baths
1,800sqft
$225,000
$125price/sqft
$1,558/moest. monthly cost
$62,320/yrincome needed

About This Home

GREAT INVESTMENT OPPORTUNITY!!! Duplex and warehouse on 1 acre of land, with a 3/4 acre lot! Looking for an excellent income-producing investment opportunity? Look no further! Duplex offers two bedroom and one bath for each side, 1700-1800 square feet. Warehouse/storage offers 3000 square feet of space. This property has strong investment potential! Don't forget about the 3/4 of an acre lot, creating more room for expansion. When fully rented, property has the potential to bring in $2600 or more per month.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
7/10
McNabb Middle SchoolGrades 6-80.8 mi
7/10

Construction

Condition

  • Year built: 1968

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: 23M6006006.01
  • Attached to another structure: Yes

Lot

  • Lot size: 1.01 Acres

Parking

  • Parking features: Gravel,On Site,Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$127$1,524
Property Taxes $140$1,680
Electricity $154$1,850
Total$1,558$18,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,417/yr
40% on housing$46,740/yr
45% on housing$41,546/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$125This listing

vs Other Active Listings

Avg $/sqft

ZIP 40353$163
Montgomery County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 40353$152
Montgomery County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-02Price change$240,000
2026-03-19Listed for sale$270,000
2022-09-19Listing removed--
2022-06-22Price change$224,999
2022-05-20Price change$250,000
2022-03-24Listed for sale$275,000
2021-03-29Listing removed--
2021-03-19Listed for rent$695
2021-03-06Listing removed--
2021-02-27Listed for rent$695
2018-07-11Listing removed$600
2018-06-30Price change$600
2018-06-25Listed for rent$650
2015-05-26Listing removed$139,000
2015-04-30Price change$139,000
2015-04-09Price change$149,900
2015-03-19Price change$164,900
2014-12-26Listed for sale$169,900
2014-04-04Sold$58,000
2013-10-03Listed for sale$68,500

For Sale by Agent

AgentJessica Maloney
BrokerageDenniston Realty

Similar Homes