328 Summit St, Richmond, KY 40475
Property image
Property image
FOR SALE
NEW - 3 HRS AGO
0.69 ACRES

$964,900

  • 15 Beds
  • 14 Baths
  • 4,496 sqft (on 0.69 acres)

328 Summit St, Richmond, KY 40475

Est. Mortgage $5,890/mo*
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Home Highlights

Multi-Family
Built in 1000
0.69 acre lot
$215/sqft

Local Information

  • Map ViewExplore the area around 328 Summit St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Large basementCommon-area laundry roomIndividual electric water heaters
Exceptional investment opportunity directly adjacent to Eastern Kentucky University! 324 & 328 Summit Street offer 9 rental units across two buildings, currently generating $9,700 per month / $116,400 annually. The front building consists of 4 units, including a 6-bedroom, 5-bath residence and three 1-bedroom, 1-bath apartments. The back building consists of 5 units, including one 2-bedroom, 2-bath apartment and four 1-bedroom, 1-bath apartments. The property also features a common-area laundry room and large basement, along with individual electric water heaters and three new HVAC systems in the 328 building. Excellent opportunity to acquire a strong income-producing multifamily property in a prime Richmond location. Rent roll and financial statements are available under Documents in Flex.
Last check for updates: about 3 hours ago
Listing courtesy of M Scott Peace, (512) 921-2794
Lifstyl Real Estate
Source: Imagine MLS, MLS#26026433
Also Listed on Imagine MLS.

Home Details for 328 Summit St

Interior Features

Beds & Baths
Number of Bedrooms: 15Number of Bathrooms: 14Number of Bathrooms (full): 14
Dimensions and Layout
Living Area: 4496 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1000
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: R00600150021

Price & Status

Price
List Price: $964,900Price Per Sqft: $215
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Richmond
School Information
Elementary School: Kit CarsonJr High / Middle School: Madison MidHigh School: Madison CentralHigh School District: Madison County - 8

Agent Information

Listing Agent
Listing ID: 26026433

Building

Building Area
Building Area: 4496 Square Feet

Community

Number Of Vacant Units: 1Units in Building: 9

Lot Information

Lot Area: 0.69 acres

Miscellaneous

Mls Number: 26026433

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Richmond

At least 348 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 83 % Say parking is easy

  • 82 % Say it's dog friendly

  • 76 % Say there's holiday spirit

  • 71 % Say there are sidewalks

  • 70 % Say yards are well-kept

  • 64 % Say kids play outside

  • 56 % Say people would walk alone at night

  • 55 % Say it's quiet

  • 52 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 47 % Say there's wildlife

  • 40 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to restaurants

  • 23 % Say it's walkable to grocery stores

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tycheyan
    "There is a lot of traffic in and out with not many big yards for them. A lot of concrete and in the middle of downtown "
    0
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  • Jtcar33.5
    "We drive 15 minutes into town. We have a general store about 5 minutes away. The other side of town is just 20 minutes from where we live. Drives to surrounding areas are 30 min to an hour away."
    0
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  • Trulia User
    "How nasty is it. I guess by my family kinda being the only black family in the neighborhood I look at things differently on how they treat my family."
    0
    Flag
  • Dawncochran1704
    "Wonderful, amazing, easy access to I-75; great neighbors, sidewalks, large 1 acre plus lots, residents keep the subdivision nice"
    0
    Flag
  • Trulia User
    "The neighborhood don’t have a problem with dog owners. I am able to walk my dog without anyone saying anything about my animal. "
    3
    Flag
  • Faron Collins
    "Lots of dog walkers in my neighborhood and half pickup their dogs poop but usually they poop in area where people don’t walk "
    2
    Flag
  • Janiefr9
    "there are live music events at the pavilion area at the mall just a few blocks away during summer months . and there is a nice park in town with a lake for fishing and a pool and water park and golf course and baseball fields and soccer fields a playground and dog park and walking trails. they have some nice scheduled functions like July 4th fireworks etc. its just maybe 3 miles from my home"
    22
    Flag
  • Donald C. W.
    "great but no buses for real anywhere taxis are slow getting to you need a car to make it work to commute to work"
    3
    Flag
  • Brandyblackburn5
    "Everyone seems to have dogs and are always out walking them. Everyone is very friendly and respectful."
    4
    Flag
  • Janiefr9
    "its pretty safe. im not scared outside at any hour. there are some nice parks in richmond well maintained and family oriented. there are a decent amount of stores and restaurants for the size town. having Eastern ky univ hear keeps things relatively vibrant. in the same county there us also berea college which is very artsy crafts with interesting festivals and local music. also 20 miles away in the next county is univ of ky and a larger town with lots of shopping and entertainment. an airport and Keeneland racetrack lots of beautiful horse farms and of course bourbon distilleries since bourbon is only distilled in ky with water filtered through limestone. Boonsboro state park is between Richmond and Lexington where Daniel Boone built the second fort and settlement (i think) in 1792 in Kentucky. there is a replica fort and demonstrations of what life was like. the kentucky River also runs beside it with a nice campground and water stuff boating and fishing. "
    3
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  • Dani M.
    "Very dog friendly neighborhood. Dogs do not roam freely. We feel safe walking our dog in this neighborhood."
    1
    Flag
  • Annalisa B.
    "People walk their dogs all the time here. Plus we have a couple of dog parks. Most everyone loves to greet you and your dog while walking. "
    4
    Flag
  • Ashlyn B.
    " Kids are always out, and people are outside and friendly. Very nice neighborhood to be in! I have lived here for 2 years now"
    3
    Flag
  • Danielle W.
    "Great town, small town feel, big city luxuries. Love the beauty of the area and you can be in the country in a short time. "
    0
    Flag
  • James H.
    "Nosie and shy.. they complain but not to your face. lots of people dumbster diving..... But..... You don't see many homeless people."
    10
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  • Charlieandsusan A.
    "I live in North Madison county, public transportation is really not available. Uber or Lyft or a taxi would be an option. "
    0
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  • Jamie P.
    "I work with a family here 2-3 times a week and it's a well maintained and friendly neighborhood. It's very hilly, and in a country setting. You can hear the highway traffic if you're outside, but it's plenty far enough away for safety. "
    0
    Flag
  • Genevachang
    "its hard to tell how safe it really is. some areas look nice but they are right next to very shady looking neighborhoods."
    3
    Flag
  • Angelica C.
    "You drive or you walk. No public busses or transit. There is a taxi service but no one really uses it because they’re too expensive "
    0
    Flag
  • Jeriallison
    "I have lived in this town for 20 years. It us a great place to live and work. It is a safe community filled with friendly neighbors. "
    0
    Flag
  • Larry Thacker
    "Nothing just a standard apartment complex. It’s close to restaurants. Neighbors not friendly much younger than me."
    1
    Flag
  • Kimberly.cundiff0
    "Close to everything. Quiet and peaceful. Well maintained large lots with waterways and woods scattered throughout."
    0
    Flag
  • Momtaxi
    "I live here and this subdivision is like family. We trick or treat, have pot lucks and sports watch parties together. Most of the kids are friends and often ride their bikes or walk together and alone or walking a dog. It's that safe. We look out for each other."
    6
    Flag
  • B
    "Richmond is a good college town and an easy place to start a start a life. More shops are opening up around town making it more convenient to live here longer."
    0
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  • Chrystal M.
    "Quite. Friendly. Safe. My husband and I loved the location and the close proximity to the interstate. Neighbors are nice as our back yard is a very nice size. "
    0
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  • Teresa M.
    "I’ve been living in Richmond for nearly a year and everyone is courteous. I’ve bought a home in the city limits and our neighbors have been kind, willing to know you and friendly. I’d recommend this neighborhood to everyone who wants to raise children here, wants shopping close, very quite neighborhood "
    0
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  • Micah B.
    "I live in a very quiet neighborhood close to my work at Eastside. I live with my parents and getting married soon."
    0
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  • madison r
    "Lots of interstate noise in this area, and crime despite living close to white hall elementary. Very disappointed after moving here. "
    0
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  • B g.
    "I commute on the interstate 30 minutes to work. Steady flow of traffic on interstate. Congested when you get to Lexington in the morning. "
    0
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  • Vampiredarkangelica
    "It is a safe area for kids, low crime and good schools. I live in the country and am near shopping, EKU and other activities."
    0
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  • Jimwilhoite
    "Vegetable markets and music/play events at EKU! Also have various church activities/venues that allow service to our community through volunteering our time, money and talents to the betterment of those less fortunate in our community. "
    0
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  • Mbryant4859
    "This is a trailer park. The trailers are nice. Close to a dollar tree and a busy gas station. Hopefully this helps. "
    0
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  • Jeriallison
    "This is a safe neighborhood where children ride their bikes, everyone walks their dogs, and neighbors look out for each other. Yards are well taken care of throughout the year."
    0
    Flag

Market trends in Richmond

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$327K
$167MoM
Sale-to-List Price
98.5%
Price per sq ft
$163
$1MoM
Available listings
323
11MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
323 High St, Richmond, KY
0.56
Multi-Family Home
$3,450,000
03/13/26
8
5
4,648
226 Hallie Irvine St, Richmond, KY
0.42
Multi-Family Home
$280,000
07/24/26
4
5
2,542
858-860 Melanie Ln, Richmond, KY
0.52
Multi-Family Home
$350,000
04/27/26
6
4
2,500
1013 Merrick Dr, Richmond, KY
1.14
Multi-Family Home
$320,000
10/17/25
4
4.5
2,356
1057 Blackwell Ct, Richmond, KY
1.44
Multi-Family Home
$375,000
01/27/26
6
5
3,106
341 High St, Richmond, KY
0.56
Multi-Family Home
$243,000
03/02/26
4
2
2,364
1045 Merrick Dr, Richmond, KY
1.18
Multi-Family Home
$275,000
09/24/26
5
5
2,676
1048 Merrick Dr, Richmond, KY
1.16
Multi-Family Home
$275,000
09/24/26
6
3
2,320
807 Red House Rd, Richmond, KY
1.27
Multi-Family Home
$320,000
02/27/26
4
4
2,576

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
511 Baker Ct, Richmond, KY 40475
0.13
$250,000
4
2
1,725
Recently Sold
229 S Collins St #6, Richmond, KY 40475
0.15
$235,000
2
2.5
1,748
Recently Sold
229 S Collins St #4, Richmond, KY 40475
0.16
$344,100
3
3
4,226
Off Market
518 Baker Ct, Richmond, KY 40475
0.19
$318,500
4
2
2,114
For Sale
521 Baker Ct, Richmond, KY 40475
0.20
$203,800
3
2
1,380
Off Market
524 Baker Ct, Richmond, KY 40475
0.23
$235,000
3
1
1,210
For Sale
212 S Madison Ave #214, Richmond, KY 40475
0.24
$540,500
Studio
-
4,860
Off Market
712 Amber Hill Ct, Richmond, KY 40475
0.31
-
-
-
-
Off Market
708 Amber Hill Ct, Richmond, KY 40475
0.31
-
-
-
-
Off Market
704 Amber Hill Ct, Richmond, KY 40475
0.31
-
-
-
-
Off Market
820 Melanie Ln #822, Richmond, KY 40475
0.34
$381,300
4
5
2,260
Off Market

Price and Tax history

DateEventPrice
Sep 24, 2026
Source: Imagine MLS #26026433
Listed For Sale
$964,900

LGBTQ Local Legal Protections

M Scott Peace, Lifstyl Real Estate
Agent Phone: (512) 921-2794
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 328 Summit St

  • What is the estimated monthly payment for 328 Summit St?
    Based on a $964,900 list price with 20% down at today's rates, the estimated monthly payment for 328 Summit St in Richmond, KY is approximately $6,067 (about $5,333 principal & interest, $659 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 328 Summit St compare to homes in Richmond?
    328 Summit St in Richmond, KY is listed at $964,900, about 195% above the $327K median sale price in Richmond.
  • What do residents say about Richmond?
    Residents describe Richmond, KY as easy to park in, dog-friendly, and pedestrian-friendly. See homes for sale in Richmond, KY.
  • What are the closest schools to 328 Summit St?
    The closest schools to 328 Summit St in Richmond, KY are Glenn R Marshall Elementary School (rated 6/10), Madison Central High School (rated 7/10), Madison Kindergarten Academy (Elementary).
  • Does 328 Summit St have air conditioning?
    Yes, 328 Summit St in Richmond, KY has air conditioning.
328 Summit St, Richmond, KY 40475 is a 15 bedroom, 14 bathroom, 4,496 sqft multi-family built in 1000. This property is currently available for sale and was listed by Imagine MLS on Sep 24, 2026. The MLS # for this home is MLS# 26026433.