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New Construction Duplex Property
New
For Sale
$995,000

103 Valley Street, Richmond, KY 40475

Residential Income, Richmond, KY

Property Size5,200 SF
Lot Size0.41 Acres
Price / SF$191.35
Days on Market7

Property Features for 103 Valley Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning R-3
Bedrooms 12
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 12, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 8, Laundry Room, Bathroom 10, Bedroom 2, Bathroom 6, Bedroom 3, Bathroom 9, Bedroom 9, Bedroom 11, Bedroom 7, Bathroom 8, Bathroom 7, Bathroom 5, Bedroom 10, Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 12, Bedroom 4, Bathroom 11
Parking 12
Subdivision Ramsey Addition
Elementary school Daniel Boone
Middle school Michael Caudill
High school Madison Central
Elementary school district Madison County - 8
Middle school district Madison County - 8
High school district Madison County - 8
Directions Across from Menard's --Turn Right on to Valley Street --End of street--Watch for Signs
Standard status Active
APN R012-0004-0001
Size 5,200 SF
Lot size 0.41 Acres

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Electric, Heat Pump

Building Details

Year built 2026
Floors in Building 2
Listing Agency: Coldwell Banker McMahan
Listed By: Ken Ritter
Added: Aug 20 Changed: Aug 25 Last Checked: Aug 26 at 12:06PM
MLS# 26023244

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction duplex property is scheduled for completion in 2026 and contains 5,200 square feet on 0.41 acres. The described residences feature three bedrooms and three full baths, including a first-floor master suite, a large living room, complete appliance packages, and in-unit washer and dryer. Across both buildings, the property includes 12 bedrooms and 12 full baths.

The site provides 12 paved off-street parking spaces and is identified with R-3 zoning. The property is located on Eastern By-Pass in Richmond, near Kroger and Menards. Heating and cooling are provided through electric heat-pump systems.

Key Highlights

  • 5,200‑square‑foot duplex property on 0.41 acres
  • Under construction with 2026 year built
  • 12 bedrooms and 12 full baths across both buildings

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Storage Facility Big Box & Wholesale Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Planned duplex housing with full appliance packages, private laundry, and paved off-street parking.
Where is this duplex located?
The property is located at 103 Valley Street Richmond, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 5,200‑square‑foot duplex property on 0.41 acres; Under construction with 2026 year built; 12 bedrooms and 12 full baths across both buildings
More about this property
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