Add Listing
    Richmond, KY
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Richmond, KY Multifamily Properties for Sale

    Notify Me
    List
    Map
    Ravenna, KY Berea, KY Lexington, KY
    13 results
    Richmond Multifamily Investment Opportunity
    $545,000
    3,731 SF

    Richmond Multifamily Investment Opportunity

    249 Evansdale Avenue, Richmond, KY 40475

    Portfolio of three properties with five total rental units.

    • Portfolio of THREE properties with FIVE total rental units provides immediate and stable income.
    • Duplex features two spacious 3‑bedroom, 1‑bath units, both currently rented.
    • Recent major improvements to the duplex include a roof replacement in October 2023 and HVAC system replacements in recent years.
    • Includes a vacant 2‑bedroom, 1‑bath unit, previously rented for $1,100/month, offering owner‑occupant potential or additional income.
    • Select units have been recently updated with vinyl plank flooring and fresh interior paint.
    Updated: Mar 5
    View details
    Downtown Richmond Mixed-Use Opportunity
    $579,000
    9,763 SF

    Downtown Richmond Mixed-Use Opportunity

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

    Mixed-use property with commercial income and residential upside.

    • Immediate cash flow from two occupied commercial suites generating approximately $44,400 annually.
    • Opportunity to reposition five upper‑level apartment units for increased residential income.
    • Strategic downtown location with strong visibility and pedestrian traffic.
    • Mixed‑use property with multiple income streams (commercial and residential).
    • Proximity to Eastern Kentucky University (EKU), restaurants, retail, and entertainment.
    Updated: Feb 19
    View details
    New Duplex in Downtown Richmond
    $329,900
    1,212 SF

    New Duplex in Downtown Richmond

    New construction duplex near EKU, shopping, dining, and entertainment.

    1011 Altamont Street, Richmond, KY 40475
    View details
    Income-Producing Duplex in Richmond, KY
    $239,900
    1,800 SF

    Income-Producing Duplex in Richmond, KY

    Fully occupied duplex near Richmond Bypass with strong rental demand.

    216 Valley Street, Richmond, KY 40475
    View details
    Income-Producing Duplex in Richmond, KY
    $239,900
    1,800 SF

    Income-Producing Duplex in Richmond, KY

    Fully occupied duplex with value-add potential in Richmond, Kentucky.

    214 Valley Street, Richmond, KY 40475
    View details
    Converted Warehouse with Income Potential
    $799,500
    5,100 SF

    Converted Warehouse with Income Potential

    Mixed-use property in downtown Richmond with residential and commercial spaces.

    105 E Street, Richmond, KY 40475
    View details
    New Duplex in Downtown Richmond
    $329,900
    1,212 SF

    New Duplex in Downtown Richmond

    New construction duplex near EKU, shopping, dining, and entertainment.

    1009 Altamont Street, Richmond, KY 40475
    View details
    Richmond Duplex: Income and Potential
    $335,000
    2,350 SF

    Richmond Duplex: Income and Potential

    Income-producing duplex in Richmond, KY, near EKU and amenities.

    1028 Merrick, Richmond, KY 40475
    View details
    Richmond Mixed-Use Investment Opportunity
    $649,900
    2,200 SF

    Richmond Mixed-Use Investment Opportunity

    Mixed-use property with retail space and apartments for sale.

    107 N Killarney Lane, Richmond, KY 40475
    View details
    Richmond Multifamily Investment Opportunity
    $660,000
    2,400 SF

    Richmond Multifamily Investment Opportunity

    Three duplexes for sale, offering immediate cash flow potential.

    156 Hager Avenue, Richmond, KY 40475
    View details
    Richmond KY Duplex For Sale
    $269,900
    1,636 SF

    Richmond KY Duplex For Sale

    Well-maintained duplex near EKU with great rental income potential.

    101 Purcell Drive, Richmond, KY 40475
    View details
    Richmond, KY Duplex Investment
    $269,900
    1,715 SF

    Richmond, KY Duplex Investment

    Well-maintained duplex near EKU, Baptist Health, and I-75.

    103 Purcell Drive, Richmond, KY 40475
    View details
    Richmond Kentucky Duplex For Sale
    $269,900
    1,636 SF

    Richmond Kentucky Duplex For Sale

    Well-maintained duplex near EKU, Baptist Health, and Richmond Centre.

    105 Purcell Drive, Richmond, KY 40475
    View details
    Based on your search, we've compiled 63 Potential Opportunities for your consideration. Besides 13 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    New Duplex in Nicholasville, KY
    $329,900
    2,176 SF

    New Duplex in Nicholasville, KY

    New duplex with two bedrooms and modern amenities in Nicholasville.

    510-512 N Central Avenue, Nicholasville, KY 40356
    View details
    Nicholasville Townhomes: Investment Opportunity
    $1,274,900
    1,200 SF

    Nicholasville Townhomes: Investment Opportunity

    All-brick 8-unit townhome complex in Nicholasville, Kentucky.

    200 Strawberry Lane, Nicholasville, KY 40356
    View details
    Updated Quadruplex with Strong Occupancy
    $329,000
    3,416 SF

    Updated Quadruplex with Strong Occupancy

    Turnkey investment property with updated units and income potential.

    118 Salter Road, Berea, KY 40403
    View details
    Berea Quadplex Investment Opportunity
    $329,000
    3,294 SF

    Berea Quadplex Investment Opportunity

    Well-maintained quadplex with income potential in Berea, Kentucky.

    116 Salter Road, Berea, KY 40403
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale in McKee
    Contact for pricing
    1.60 Acres

    Land For Sale in McKee

    1.6 acre tract with utilities and road frontage.

    Mc Kee, KY 40447
    View details
    Land For Sale in McKee
    Contact for pricing
    1.68 Acres

    Land For Sale in McKee

    1.68 acre recreational land with utilities in McKee, Kentucky.

    Mc Kee, KY 40447
    View details
    Wooded Lot with Utilities
    $34,000
    0.63 Acres

    Wooded Lot with Utilities

    Wooded 0.63-acre lot with septic, water, and electric.

    113 Lot 55 Yellowstone Drive lot: 55, East Bernstadt, KY 40729
    View details
    Residential Land in East Bernstadt
    Contact for pricing
    0.51 Acres

    Residential Land in East Bernstadt

    Level lots suitable for new doublewides or modular homes.

    205 Dove Lane lot: 61, East Bernstadt, KY 40729
    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.

    Boonesborough Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 14.45 Acres
    Estimated value
    $750,000

    Boonesborough Rd, Richmond, KY 40475

    View details
    308 Spangler Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,224 SF Lot: 0.46 Acres
    Value Estimation by Request

    308 Spangler Dr, Richmond, KY 40475-2383

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

    719 Marietha Dr, Richmond, KY 40475-2091

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

    725 Marietha Dr, Richmond, KY 40475-2090

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

    407 Jason Dr, Richmond, KY 40475-2088

    View details
    431 Jason Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,160 SF
    Estimated value
    $1,810,000

    431 Jason Dr, Richmond, KY 40475-2185

    View details
    713 Marietha Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,824 SF
    Value Estimation by Request

    713 Marietha Dr, Richmond, KY 40475-2093

    View details
    431 Gdn City Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,650 SF
    Value Estimation by Request

    431 Gdn City Dr, Richmond, KY 40475-7940

    View details
    112 Shamrock Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,104 SF
    Value Estimation by Request

    112 Shamrock Ln, Richmond, KY 40475-2711

    View details
    207 Mcdaniel Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,944 SF
    Value Estimation by Request

    207 Mcdaniel Dr, Richmond, KY 40475-2703

    View details
    714 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,432 SF
    Value Estimation by Request

    714 Main St, Richmond, KY 40475-4307

    View details

    Richmond, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 55 multifamily properties for sale in Richmond, KY, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 36,783 square feet of properties for sale, with an estimated market value of $5,152,899.

    Sale prices for multifamily properties in Richmond, KY start at $239,900, averaging $429,408, and reaching up to $799,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Duplexes 8
    Apartment buildings 3

    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 median listing prices of real estate assets

    Neighborhood Average Price
    40475 $424.4K

    Taxes & Financing

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Multifamily properties for Sale Near Richmond, KY

    Popular Searches in Richmond, KY

    Popular Categories

    Most Searched ZIP Codes in Richmond, KY

    • 40475

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!