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 units
• 2 charming 2-bedroom, 1-bath units
• 1 cozy 1-bedroom, 1-bath unit
Boasting 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!
Sold for $850,000 on 08/11/25
$850,000
306 Spangler Dr, Richmond, KY 40475
15beds
--sqft
SingleFamily
Built in ----
0.48 Acres Lot
$848,600 Zestimate®
$--/sqft
$1,009 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 05:30pm
Listed by:
Sarah B Espinosa 859-509-1299,
RE/MAX Creative Realty
Bought with:
Suresh Mallichettiar Jayaraman, 277334
Keller Williams Bluegrass Realty
Source: Imagine MLS,MLS#: 25006032

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 13
- Full bathrooms: 8
- 1/2 bathrooms: 5
Property
Lot
- Size: 0.48 Acres
Details
- Parcel number: R00200130007B
- Zoning description: B-3
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Shingle
Condition
- New construction: No
Community & neighborhood
Location
- Region: Richmond
- Subdivision: Commercial