Ramsey Addition Homes with Paved 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 urban amenities, making it an ideal location for families, professionals, and retirees alike.

Ramsey Addition boasts a variety of well-designed homes, each featuring paved parking options that enhance both functionality and curb appeal. Imagine returning home after a long day to your beautifully appointed residence, where you can easily park your vehicle on a smooth, paved driveway. This thoughtful feature not only provides convenience but also ensures that your property maintains its pristine appearance.

The homes in Ramsey Addition are characterized by their inviting designs and spacious layouts, providing ample room for comfortable living. Whether you’re hosting a gathering with friends or enjoying a quiet evening at home, these residences offer the perfect backdrop for your lifestyle. The community is adorned with lush green spaces and tree-lined streets, creating a picturesque environment that encourages outdoor activities and neighborly connections.

Located just a short drive from downtown Richmond, residents of Ramsey Addition enjoy easy access to shopping, dining, and recreational opportunities. Explore the vibrant local culture, visit nearby parks, or take advantage of the excellent schools in the area.

With its combination of quality homes, paved parking, and a welcoming atmosphere, Ramsey Addition is more than just a place to live; it’s a community where memories are made and cherished. Discover your new home in Ramsey Addition today!

Newest Ramsey Addition Homes with Paved 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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