Exceptional Investment Opportunity! Discover this 8-plex nestled in one of Richmond's most sought-after areas, offering unmatched convenience for tenants. Just minutes from Eastern Kentucky University, Baptist Health, vibrant downtown Richmond, and with swift access to I-75, this location ensures high demand year-round.The complex features a versatile mix of units:5 spacious 2-bedroom, 1.5-bath units2 charming 2-bedroom, 1-bath units1 cozy 1-bedroom, 1-bath unitBoasting a proven rental history and generating a robust $6,975 in monthly rental income, this property is a must-have addition to any investor's portfolio. Recent upgrades, including a new roof shingles and three beautifully remodeled units, enhance its appeal and ensure minimal upkeep. Step into a thriving market with this turn-key gem--a rare chance to capitalize on Richmond's ever-growing rental demand. Opportunities like this don't last long!
For sale
$975,000
306 Spangler Dr, Richmond, KY 40475
15beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$912,200 Zestimate®
$--/sqft
$-- HOA
What's special
New roof shinglesBeautifully remodeled units
- 29 days
- on Zillow |
- 593 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: March 28, 2025 at 03:35am
Listed by:
Sarah B Espinosa 859-509-1299,
Re/Max Creative Realty
Source: Imagine MLS,MLS#: 25006032

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 13
- Full bathrooms: 8
- 1/2 bathrooms: 5
Property
Parking
- Parking features: 11 - 20 Spaces
Features
- Levels: Two
Lot
- Size: 0.48 Acres
Details
- Parcel number: R00200130007B
- Zoning description: B-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Shingle
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Commercial
Location
- Region: Richmond
Financial & listing details
- Tax assessed value: $250,000
- Annual tax amount: $2,541
- Date on market: 3/28/2025
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