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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

    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!

    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#: 25006032MLS Logo

    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
    Services availability