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    Richmond, KY
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    Richmond, KY Apartment Buildings for Sale

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    Williamstown, KY Cynthiana, KY Grayson, KY Nicholasville, KY Berea, KY Lexington, KY Waco, KY Lancaster, KY
    Mixed-Use Property with Apartments
    Updated: Feb 19
    Mixed-Use Property with Apartments

    204-206 S 3rd Street, Richmond, KY 40475

    $579,000
    9,763 sqft 0.19 AC lot
    9,763 square feet on a 0.19‑acre site
    Two occupied street‑level commercial suites
    Commercial tenancy includes an established bar and retail tenant
    Five upper‑level apartment units
    Located at 204‑206 S 3rd Street in Downtown Richmond
    View details
    9-Unit Apartment Property
    Updated: Sep 24
    9-Unit Apartment Property

    328 Summit St, Richmond, KY 40475

    $964,900
    4,496 sqft
    Nine apartments across two buildings at 324 and 328 Summit Street
    Unit mix includes one 6‑bedroom, 5‑bath residence and one 2‑bedroom, 2‑bath apartment
    Seven 1‑bedroom, 1‑bath apartments
    Common laundry room and large basement
    Individual electric water heaters
    View details
    108-Unit Apartment Community
    108-Unit Apartment Community

    100 Pk Crst Ct, Richmond, KY 40475

    Contact for pricing
    89,400 sqft

    The community combines one- and two-bedroom residences in a multifamily setting.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 3 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Building
    8-Unit Apartment Building

    388 Redding Road, Lexington, KY 40517

    $899,900
    7,300 sqft 0.27 AC lot

    Fully occupied multifamily property with month-to-month leases and substantial recent exterior and building-system improvements.

    View details
    6-Unit Townhome Apartment Building
    6-Unit Townhome Apartment Building

    170-180 Heritage Drive, Nicholasville, KY 40356

    $1,028,000
    8,016 sqft 0.39 AC lot

    Townhome-style units offer private garages, basement space, and a mix of long-term and month-to-month tenancy.

    View details
    Six-Unit Townhome Apartment Building
    Six-Unit Townhome Apartment Building

    170180 170-180 Heritage Dr, Nicholasville, KY 40356

    $1,028,000
    8,016 sqft

    Updated roofs, siding, gutters, and windows complement garage-equipped residential units.

    View details
    Renovated 8-Unit Apartment Building
    Renovated 8-Unit Apartment Building

    388 Redding Rd, Lexington, KY 40517

    $899,900
    7,300 sqft

    Fully occupied multifamily property with recent exterior and electrical improvements, plus updated interiors in select units.

    View details

    Off-Market Properties in Richmond, KY

    Consider similar Off-Market properties in Richmond, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    308 Spangler Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    308 Spangler Dr, Richmond, KY 40475-2383

    Estimated value:
    $500,000
    4,224 sqft 0.46 AC lot
    View details
    719 Marietha Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    719 Marietha Dr, Richmond, KY 40475-2091

    Estimated value:
    $1,810,000
    3,566 sqft
    View details
    725 Marietha Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    725 Marietha Dr, Richmond, KY 40475-2090

    Estimated value:
    $1,810,000
    3,566 sqft
    View details
    407 Jason Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    407 Jason Dr, Richmond, KY 40475-2088

    Estimated value:
    $1,810,000
    3,600 sqft
    View details
    431 Jason Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    431 Jason Dr, Richmond, KY 40475-2185

    Estimated value:
    $1,810,000
    4,160 sqft
    View details
    713 Marietha Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    713 Marietha Dr, Richmond, KY 40475-2093

    Estimated value:
    $300,000
    3,824 sqft
    View details
    431 Gdn City Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    431 Gdn City Dr, Richmond, KY 40475-7940

    Estimated value:
    $175,000
    1,650 sqft
    View details
    112 Shamrock Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    112 Shamrock Ln, Richmond, KY 40475-2711

    Estimated value:
    $235,000
    3,104 sqft
    View details
    207 Mcdaniel Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    207 Mcdaniel Dr, Richmond, KY 40475-2703

    Estimated value: by Request
    3,944 sqft
    View details
    714 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    714 Main St, Richmond, KY 40475-4307

    Estimated value:
    $115,000
    2,432 sqft
    View details
    112 Mallory Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    112 Mallory Ct, Richmond, KY 40475-8154

    Estimated value:
    $420,000
    4,522 sqft
    View details
    429 Gdn City Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    429 Gdn City Dr, Richmond, KY 40475-7942

    Estimated value:
    $445,000
    3,712 sqft
    View details
    240 Susan Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    240 Susan Dr, Richmond, KY 40475-3060

    Estimated value: by Request
    4,144 sqft 0.49 AC lot
    View details
    535 Mahaffey Dr
    HIGH-RISE APARTMENTS

    535 Mahaffey Dr, Richmond, KY 40475-2436

    Estimated value: by Request
    5,776 sqft
    View details
    220 Tulip Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    220 Tulip Dr, Richmond, KY 40475-7836

    Estimated value:
    $170,000
    4,032 sqft
    View details
    244 Wayne Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    244 Wayne Dr, Richmond, KY 40475-2697

    Estimated value: by Request
    3,808 sqft
    View details
    248 Wayne Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    248 Wayne Dr, Richmond, KY 40475-2696

    Estimated value: by Request
    3,808 sqft
    View details
    250 Wayne Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    250 Wayne Dr, Richmond, KY 40475-2695

    Estimated value: by Request
    3,808 sqft
    View details
    242 Wayne Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    242 Wayne Dr, Richmond, KY 40475-2698

    Estimated value: by Request
    3,808 sqft
    View details
    708 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    708 Main St, Richmond, KY 40475-1893

    Estimated value:
    $75,000
    2,900 sqft
    View details
    419 Jason Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    419 Jason Dr, Richmond, KY 40475-2085

    Estimated value: by Request
    3,600 sqft
    View details

    Richmond, KY Apartment Buildings Market Trends and Statistics

    Explore 44 apartment buildings for sale in Richmond, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 103,659 square feet of properties for sale, with an estimated market value of $1,543,900.

    Sale prices for apartment complexes in Richmond, KY start at $579,000, averaging $771,950, and reaching up to $964,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 65K
    Population Growth (5Y) +5.8%
    Median Household Income $62,731
    College Educated 26.2%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40475 $772K

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $5.99 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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