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Listing provided courtesy of Christies International Real Estate Bluegrass- MLS# 25018007MLS Provider

344 Lancaster AvenueRichmond, KY 40475

Vacant Land · 0.75 Acres
$419,900 Active

344 Lancaster Avenue Overview

Time on Site:
319 days
Visits:
3

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.

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344 Lancaster Avenue Facts & Features

  • Type Vacant Land
  • Lot 0.75 Acres

Details

General

Business Information

  • Current Use: Other

Location/Region

  • County Or Parish: Madison
  • MLS Area Major: 008 - Madison County
  • MLS Area Minor: 008 - Madison County
  • Subdivision Name: Downtown

General Information

  • Parcel Number: R006-0009-0017
  • Possible Use: Residential
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Size Square Feet: 32670.0
  • Lot Size Units: Acres

344 Lancaster Avenue Neighborhood

Community

40475 (Richmond) Demographics

33
Median Age
229
Population Density (per sq. mile)
46%
College Educated
$52,109
Estimated Median Income
13,869
Estimated Total Home Owners
9,853
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

344 Lancaster Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

344 Lancaster Avenue Market Data

Based on the last 30 days in this zip code

$422,094
Average List Price
$187
Average Price per Square Foot
74
Properties Sold
66
Average Days on Market
363
Properties for Sale
Calculations provided by Reliance Network

344 Lancaster Avenue History

Date Event Value Agent
1/16/2026Source: Imagine MLS/Bluegrass Price Reduction
$419,900 -6.7%
8/21/2025Source: Imagine MLS/Bluegrass Added to Database
August 21, 2025