Ramsey Addition Homes with On Site Parking Features

Welcome to Ramsey Addition, an inviting subdivision nestled in the heart of Richmond, Kentucky, within the charming Madison County. This community is a hidden gem that perfectly blends suburban tranquility with convenient access to urban amenities. With its tree-lined streets and friendly atmosphere, Ramsey Addition is ideal for families, professionals, and anyone seeking a serene lifestyle.

One of the standout features of homes in Ramsey Addition is the availability of on-site parking. Each residence is thoughtfully designed to include dedicated parking spaces, ensuring that you and your guests always have a hassle-free experience. Whether you have multiple vehicles, enjoy hosting gatherings, or simply appreciate the convenience of easy access, this feature is a significant advantage for homeowners.

The homes in Ramsey Addition boast an array of architectural styles, each designed to provide comfort and functionality. Many properties come with spacious layouts, modern finishes, and outdoor spaces perfect for relaxing or entertaining. The community is also conveniently located near local schools, parks, and shopping centers, making it easy to enjoy everything Richmond has to offer.

Residents of Ramsey Addition take pride in their neighborhood, fostering a sense of community through various social events and gatherings. With its blend of comfort, convenience, and charm, Ramsey Addition is more than just a place to live; it’s a community where memories are made.

Explore the possibilities of life in Ramsey Addition, where your dream home awaits!

Newest Ramsey Addition Homes with On Site 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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