Ramsey Addition Real Estate

Welcome to Ramsey Addition, a charming subdivision nestled in the heart of Richmond, Kentucky. This delightful community is known for its friendly atmosphere, picturesque surroundings, and a sense of belonging that makes it an ideal place to call home.

Ramsey Addition offers a variety of beautifully designed homes, each with its own unique character and appeal. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a perfect fit here. The spacious lots provide ample outdoor space for gardening, play, and entertaining, while the well-maintained streets invite evening strolls and friendly neighborly chats.

One of the standout features of Ramsey Addition is its convenient location. Situated just minutes from downtown Richmond, residents enjoy easy access to a vibrant selection of shops, restaurants, and local attractions. The nearby parks and recreational facilities offer plenty of opportunities for outdoor activities, from hiking and biking to picnicking and sports.

Families will appreciate the proximity to highly-rated schools within the Madison County School District, ensuring that children receive a quality education in a nurturing environment.

Living in Ramsey Addition means being part of a close-knit community where neighbors become friends, and every day offers a chance to create lasting memories. With its blend of comfort, convenience, and charm, Ramsey Addition is more than just a subdivision; it’s a place where you can truly feel at home. Come explore the possibilities and discover why so many are proud to call this lovely community their own!

Newest Listings in Ramsey Addition

$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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