Listing provided courtesy of Block + Lot Homes- MLS# 26010673
Images
Request Info- IMG_4247
- IMG_4245
- IMG_4248
- IMG_4250
- IMG_4258
- IMG_4263
- IMG_4264
- IMG_4189
- IMG_4190
- IMG_4191
- IMG_4192
- IMG_4194
- IMG_4198
- IMG_4213
- IMG_4214
- IMG_4215
- IMG_4216
- IMG_4217
- IMG_4218
214 Valley StreetRichmond, KY 40475
Multi-Family · 4 Beds · 2 Full Baths · 1,800 Sq. ft. | 0.22 Acres$235,000
Active
214 Valley Street Overview
- Time on Site:
- 48 days
- Visits:
- 1
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.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
214 Valley Street Facts & Features
- Type Multi-Family
- Sq. ft. 1,800
- Price/Sq.ft. $131
- Lot 0.22 Acres
Details
General
School Information
- Elementary School: Daniel Boone
- Middle Or Junior School: Michael Caudill
- High School: Madison Central
Building Information
- Year Built: 9999
Location/Region
- County Or Parish: Madison
- MLS Area Major: 008 - Madison County
- MLS Area Minor: 008 - Madison County
- Subdivision Name: Ramsey Addition
General Information
- Parcel Number: R012-0003-0001
- Property Sub Type: Duplex
- Property Type: Residential Income
- Zoning: R-2
Interior
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total: 2
- Bedrooms Total: 4
Building Interior
- Building Area Total: 1800.0
General Information
- Laundry Features: Electric Dryer Hookup,Main Level,Washer Hookup,Upper Level
- Living Area: 1800.0
- Living Area Source: Public Records
- Stories Total: 2
Exterior
Parking Information
- Parking Features: On Site,Paved
Lot Information
- Lot Size Acres: 0.2207
- Lot Size Area: 0.22
- Lot Size Square Feet: 9613.5
- Lot Size Units: Acres
- Number Of Buildings: 1
Building Exterior/Construction
- Attached Garage: false
- Structure Type: Duplex
General Information
- Number Of Units Total: 2
- Number Of Units Vacant: 0
- Utilities: Electricity Connected,Sewer Connected,Water Connected
214 Valley Street Neighborhood
Community
40475 (Richmond) Demographics
33
Median Age
229
Population Density (per sq. mile)
46%
College Educated
$52,109
Estimated Median Income
13,869
Estimated Total Home Owners
9,853
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.214 Valley Street Monthly Cost
214 Valley Street Market Data
Based on the last 30 days in this zip code
$422,094
Average List Price
$187
Average Price per Square Foot
74
Properties Sold
66
Average Days on Market
363
Properties for Sale
214 Valley Street History
| Date | Value | Agent |
|---|---|---|
| 6/4/2026Source: Imagine MLS/Bluegrass | $235,000 -2.0% |
|
| 5/12/2026Source: Imagine MLS/Bluegrass | May 12, 2026 |