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 boasts a perfect blend of suburban tranquility and accessibility, making it an ideal choice for families, professionals, and retirees alike.

As you stroll through the tree-lined streets of Ramsey Addition, you’ll quickly appreciate the inviting atmosphere that this neighborhood exudes. The homes here are designed with comfort and functionality in mind, featuring spacious layouts that cater to modern living. One of the standout features of many residences in this subdivision is the availability of paved parking. This practical addition not only enhances the aesthetic appeal of the homes but also ensures convenience for residents and guests alike.

Imagine coming home after a long day to a beautifully paved driveway that welcomes you back with open arms. Whether you’re hosting a gathering or simply enjoying a quiet evening at home, the ease of paved parking allows for hassle-free access to your property. Additionally, the well-maintained streets and community spaces foster a sense of belonging, encouraging neighbors to connect and create lasting friendships.

Situated just moments away from Richmond’s vibrant downtown area, Ramsey Addition offers residents easy access to shopping, dining, and recreational activities. With its prime location, friendly atmosphere, and inviting homes featuring paved parking, Ramsey Addition is more than just a place to live; it’s a community where memories are made. Discover your dream home in this enchanting 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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