Ramsey Addition Homes with On Site Parking Features

Welcome to Ramsey Addition, a delightful subdivision nestled in the heart of Richmond, Kentucky, within Madison County. This charming community offers a perfect blend of suburban tranquility and modern convenience, making it an ideal place for families, professionals, and retirees alike.

Ramsey Addition is characterized by its inviting atmosphere and well-maintained homes, each showcasing unique architectural styles that reflect the warmth and charm of the region. Residents enjoy spacious lots, mature trees, and beautifully landscaped yards, creating a picturesque environment that feels like home from the moment you arrive.

One of the standout features of homes in Ramsey Addition is the availability of on-site parking. Each property is equipped with dedicated parking spaces, ensuring that homeowners and their guests can enjoy the convenience of easy access to their vehicles. This amenity not only enhances the overall functionality of the homes but also adds to the community's appeal, allowing residents to feel secure and at ease.

Living in Ramsey Addition means being just a stone's throw away from Richmond's vibrant downtown, where you can explore a variety of shops, restaurants, and cultural attractions. With excellent schools, parks, and recreational facilities nearby, this subdivision is perfect for those seeking a balanced lifestyle that combines comfort with accessibility.

Discover the charm of Ramsey Addition, where community spirit thrives, and every day feels like a retreat. Come explore this inviting neighborhood and find your dream home in this beautiful corner of Richmond, Kentucky!

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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