Investment Opportunity: 5 Turn-Key Units Priced to Sell!** Don't miss out on this exceptional investment opportunity in Richmond! Located close to EKU, Baptist Health, and downtown Richmond, this property offers easy access to key amenities and a strong rental market. The property features four spacious 3-bedroom, 1-bath units, along with an additional 1-bedroom, 1-bath unit. With all units in great condition, this turn-key investment offers a current market rent of $5,200 per month, making it an ideal choice for investors looking for steady cash flow.
Sold for $645,000
$645,000
308 Spangler Dr, Richmond, KY 40475
--beds
0baths
--sqft
Multi Family
Built in ----
-- sqft lot
$643,300 Zestimate®
$--/sqft
$1,125 Estimated rent
Home value
$643,300
$540,000 - $766,000
$1,125/mo
Zestimate® history
Owner options
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$1,125/mo
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$1,125/mo
Rent Zestimate®
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$3,168/mo
Est. payment
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$3,168/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kim Caywood 859-979-1508,
The Real Estate Co.,
Joshua T Barrett,
The Real Estate Co.
Bought with:
Gerald Salyer, 265785
Premier Property Consultants
Source: Imagine MLS,MLS#: 24016888
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Parking
- Total spaces: 20
Details
- Parcel number: R00200130007C
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
Community & HOA
Community
- Subdivision: Commercial
Location
- Region: Richmond
Financial & listing details
- Tax assessed value: $545,000
- Annual tax amount: $5,222
- Date on market: 8/13/2024
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Sold | $645,000+29.3% |
Source: Public Record Report a problem | ||
| 9/26/2024 | Sold | $499,000 |
Source:  Imagine MLS #24016888 Report a problem | ||
| 8/13/2024 | Listed for sale | $499,000 |
Source: Imagine MLS #24016888 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,222 +53.8% | $545,000 +55.7% |
| 2023 | $3,395 -0.3% | $350,000 |
| 2022 | $3,406 +114.8% | $350,000 +118.8% |
| 2021 | $1,586 -2.5% | $160,000 |
| 2018 | $1,626 +1.1% | $160,000 |
| 2017 | $1,608 +0.8% | $160,000 |
| 2016 | $1,596 +2.5% | $160,000 |
| 2015 | $1,557 +1.7% | $160,000 |
| 2014 | $1,531 +356.2% | $160,000 |
| 2011 | $336 | $160,000 |
Find assessor info on the county website
Neighborhood: 40475
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Nearby schools
GreatSchools rating
- 8/10Kirksville Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 8/10Madison Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Madison Central High SchoolGrades: 9-12Distance: 2 mi
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$643,300
2% more
+$12,866
With Zillow Showcase(estimated)
$656,166
- Kentucky
- Madison County
- Richmond
- 40475
- 308 Spangler Dr
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