Ramsey Addition Homes with Paved Parking Features

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

Ramsey Addition is characterized by its beautifully designed homes, many of which feature paved parking, ensuring that residents enjoy both functionality and aesthetic appeal. The well-maintained streets and ample parking spaces create a welcoming atmosphere, making it easy for homeowners and their guests to navigate the neighborhood.

Each home in Ramsey Addition boasts unique architectural styles, with spacious layouts that cater to a variety of lifestyles. Whether you’re looking for a cozy starter home or a larger residence to accommodate a growing family, you’ll find a range of options that meet your needs. The community is also designed with outdoor living in mind, offering ample green spaces for children to play and for neighbors to connect.

Conveniently located, Ramsey Addition is just a short drive from Richmond’s vibrant downtown area, where you can enjoy an array of dining, shopping, and entertainment options. The close-knit community is served by excellent schools, making it an attractive choice for families seeking quality education for their children.

Experience the charm of Ramsey Addition, where a welcoming community, beautiful homes with paved parking, and a prime location come together to create a truly exceptional living experience in Richmond, Kentucky. Come and discover your dream home in this delightful subdivision 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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