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344 Lancaster Avenue, Richmond, KY 40475

Downtown · Madison County

Key Facts

0.75Lot (acres)

Description

In the heart of downtown Richmond, this historic property offers a rare combination of space, location, and potential. Occupying three-fourths of an acre and zoned R-3, the lot is directly across from the 20-acre Irvine McDowell Park and the Eastern Kentucky University campus, creating a truly unique setting. The property offers endless possibilities, whether you envision a distinctive personal residence or an investment opportunity. The original home, built in 1862, spans 3,718 square feet and still stands on the property. Do not miss the chance to own a piece of Richmond's history and bring your vision to life.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

0.75 acres

MLS® Listing#

25018007

Property Features

Lot Features

Level

Financial Details

Parcel Number

R006-0009-0017

Directions

W Main Street to Lancaster Avenue. Property is on your Right.

Affordability Calculator

$81,900

Estimated monthly payment

$2,180/mo

Principal $327,600 · Est. interest $457,031 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Richmond, KY

$353,676
Median Listing Price
36
Median Days on Market
1,911
Median Sq Ft
$189
Median Price / Sq Ft
237
Active Listings
  • This home’s price is 16% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, KY.

Location

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Points of Interest in Richmond, KY

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Richmond

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Listing Courtesy: Christies International Real Estate Bluegrass - 8592451179

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Bluegrass REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by IDX brokerage firms other than EXIT Realty, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers. Information deemed reliable but not guaranteed. Copyright ©2026 Bluegrass REALTORS®. All Rights Reserved.

Last Updated: 2025-08-14

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Imagine MLS (Bluegrass REALTORS®). MLS® Listing#25018007. © 2026EXIT Realty®. All rights reserved.