Ramsey Addition Homes with On Site Parking Features

Welcome to Ramsey Addition, a charming subdivision nestled in the heart of Richmond, Kentucky, within Madison County. This delightful community offers a perfect blend of suburban tranquility and convenient access to the vibrant amenities of the city. Known for its friendly atmosphere and picturesque surroundings, Ramsey Addition is an ideal place for families, professionals, and retirees alike.

The homes in Ramsey Addition are designed with comfort and practicality in mind, featuring on-site parking that provides both convenience and peace of mind. Whether you have multiple vehicles or simply appreciate the ease of parking right at your doorstep, these properties cater to your needs. Each home is thoughtfully laid out, offering spacious interiors that invite you to create lasting memories with loved ones.

Richmond boasts a rich history and a wealth of recreational opportunities, from beautiful parks to engaging local events. Residents of Ramsey Addition can enjoy nearby shopping, dining, and entertainment options while still relishing the serene environment of their community. The subdivision is also conveniently located near major highways, making commuting to nearby cities a breeze.

In Ramsey Addition, you're not just purchasing a home; you're investing in a lifestyle that prioritizes comfort, community, and accessibility. Experience the charm of Richmond, Kentucky, and discover the perfect home for you in this inviting neighborhood. Come and explore the possibilities that await you in Ramsey Addition—where your dream home is just a visit away!

Newest Ramsey Addition Homes with On Site Parking Features

$235,000

4 Beds ⋅ 2 Baths ⋅ 26010674 MLS

216 Valley Street offers the opportunity to acquire a fully occupied, income-producing, value-add duplex in the heart of Richmond, Kentucky. Located just off the Richmond Bypass near a major retail corridor, the property benefits from strong rental demand and limited multifamily inventory in the area. The property features two 2-bedroom, 1-bath units totaling 4 bedrooms and 2 full baths. Both units include washer/dryer hookups, vinyl windows approximately six years old, LVP flooring throughout, and ceiling cable heat with window A/C units. The upper unit also features an updated kitchen. Recent improvements include a new roof in 2023 and driveway repairs completed in 2026. Currently 100% occupied, the property generates approximately $16,200 in annual gross rental income with rents offering continued investment stability. With low operating expenses and an estimated NOI of approximately $10,039 annually, 216 Valley Street presents a strong opportunity to acquire a stabilized multifamily asset in a high-demand Richmond location. 216 Valley Street and adjacent 214 Valley Street may be purchased together as a multifamily portfolio, with a negotiated portfolio price available for buyers acquiring both properties.

216 Valley St, Richmond

$235,000

4 Beds ⋅ 2 Baths ⋅ 26010673 MLS

214 Valley Street offers the opportunity to acquire a fully occupied, income-producing, value-add duplex in the heart of Richmond, Kentucky. Located just off the Richmond Bypass near a major retail corridor, the property benefits from strong rental demand and limited multifamily inventory in the area. The property features two 2-bedroom, 1-bath units totaling 4 bedrooms and 2 full baths. Both units include central heat and air, washer/dryer hookups, vinyl windows approximately six years old, and carpet and vinyl flooring throughout. Recent improvements include a new roof in 2023, new eaves in 2026, and driveway repairs completed in 2026. Currently 100% occupied, the property generates approximately $12,600 in annual gross rental income with below-market rents, offering future upside potential for investors. With low operating expenses and an estimated NOI of approximately $7,481 annually, 214 Valley Street presents a strong opportunity to acquire a stabilized multifamily asset in a high-demand Richmond location. 214 Valley Street and adjacent 216 Valley Street may be purchased together as a multifamily portfolio, with a negotiated portfolio price available for buyers acquiring both properties.

214 Valley St, Richmond

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