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1048 Blackwell Ct, Richmond
$290,000
5 Beds ⋅ 4 Baths ⋅ 26026658 MLS
Don't miss this exciting investment opportunity at 1048 Blackwell Court! This attractive multifamily property features a classic brick façade, sizeable yard, lots of parking and plenty of space for an owner occupant or multiple tenants. The first unit offers a 3 bedroom, 2 full bath with a full garage and the second unit offers 2 bedrooms and 1 and a half bath with a full garage. The location is perfect for multi-housing with convenient access to EKU just around the corner and I-75 just minutes from the property. The property is attractively priced so that the new owners can add their own finishing touches and make the most of this property's potential. Please note that carpet HAS BEEN REMOVED since the listing photos were taken (subloor only in previously carpeted areas)

1048 Blackwell Ct, Richmond

328 Summit St, Richmond
$964,900
15 Beds ⋅ 14 Baths ⋅ 26026433 MLS
Exceptional investment opportunity directly adjacent to Eastern Kentucky University! 324 & 328 Summit Street offer 9 rental units across two buildings, currently generating $9,700 per month / $116,400 annually. The front building consists of 4 units, including a 6-bedroom, 5-bath residence and three 1-bedroom, 1-bath apartments. The back building consists of 5 units, including one 2-bedroom, 2-bath apartment and four 1-bedroom, 1-bath apartments. The property also features a common-area laundry room and large basement, along with individual electric water heaters and three new HVAC systems in the 328 building. Excellent opportunity to acquire a strong income-producing multifamily property in a prime Richmond location. Rent roll and financial statements are available under Documents in Flex.

328 Summit St, Richmond

216 Valley St, Richmond
$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

214 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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