Ramsey Addition Real Estate

Ramsey Addition Real Estate

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 accessibility, making it an ideal choice for families, professionals, and retirees alike.

Ramsey Addition is characterized by its well-maintained streets, friendly neighbors, and a welcoming atmosphere that fosters a strong sense of community. The subdivision features a variety of homes, from cozy single-family residences to spacious properties, catering to diverse lifestyles and preferences. Each home is set against a backdrop of lush greenery, providing residents with a serene environment to relax and unwind.

One of the standout features of Ramsey Addition is its proximity to Richmond's vibrant downtown area, where you can explore a rich tapestry of local shops, restaurants, and cultural attractions. Enjoy a leisurely stroll through the historic district, or partake in community events that bring residents together throughout the year. For outdoor enthusiasts, the nearby parks and recreational facilities offer ample opportunities for hiking, picnicking, and engaging in various sports activities.

Families will appreciate the excellent educational options available in the area, with highly-rated schools that prioritize student success and development. Additionally, the convenient access to major highways ensures that commuting to nearby cities is a breeze.

In Ramsey Addition, you’ll find not just a house, but a place to call home—a community where memories are made and friendships flourish. Discover the charm of this delightful subdivision and envision your life in this welcoming Richmond neighborhood!

Newest Listings in Ramsey Addition

103 Valley St Unit 99,101,103,105, Richmond
$899,000
12 Beds ⋅ 12 Baths ⋅ 26023244 MLS
INVESTMENT OPPORTUNITY—2 NEW-CONSTRUCTION DUPLEXES! Four spacious units offer a total of 12 bedrooms, 12 full baths, and 12 paved off-street parking spaces. Each 1,300± sq. ft. unit features 3 bedrooms, 3 full baths, a first-floor primary suite, spacious living area, and appliances including washer & dryer. Every bedroom has its own full bath! Prime location near Eastern Bypass, Kroger, Menards, shopping, dining, and more. A rare opportunity to add a turnkey, high-demand property to your investment portfolio!

103 Valley St Unit 99,101,103,105, 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
Start Your Search

How much is your home worth?

Get instant property value now!