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Two-Unit Duplex
New
For Sale
$235,000

214 Valley Street, Richmond, KY 40475

Both residences have central heating and air conditioning, plus washer and dryer connections.

Property Size1,800 SF
Price / SF$130.56
Days on Market2

Property Features for 214 Valley Street

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi Family Home
Zoning R-2
Occupancy 100%
Net Operating Income $7,481

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $12,600
Highway Access Yes
Tenant in Place Yes

Amenities

central heat and air
washer/dryer hookups

Building Details

Building Size 1,800 SF
Buildings 1
Stories 2
Units 2
Listing Agency: Block + Lot Homes
Listed By: Alexandra Collins
Source: Billerhomes
Added: Oct 31 Last Checked: Oct 31 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block + Lot Homes

Rey
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Investment Insights

Based on property information with market context.

This 1,800-square-foot duplex contains two residences, each with two bedrooms and one bathroom. Central heating and air conditioning, washer and dryer hookups, vinyl windows, and a mix of carpet and vinyl flooring serve both units. The roof was replaced in 2023; eaves and driveway work were completed in 2026.

The property is fully occupied and sits just off the Richmond Bypass, near a retail corridor. It is located at 214 Valley Street in Richmond, Kentucky.

Key Highlights

  • Two 2‑bedroom, 1‑bath residences; 4 bedrooms and 2 full baths total
  • 1,800 square feet
  • Fully occupied

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

876
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have central heating and air conditioning, plus washer and dryer connections.
Where is this duplex located?
The property is located at 214 Valley Street Richmond, KY.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residences; 4 bedrooms and 2 full baths total; 1,800 square feet; Fully occupied
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