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Back 306 Spangler Drive
Off Market

306 Spangler Drive

Richmond KY 40475

15
13
20
20769 sq. ft.
Other
Last sold for $850,000
Sarah EspinosaSarah Espinosa, last sold this property on 11 August 2025 after -31 days on market.

Overview

Exceptional Investment Opportunity! Discover this 8-plex nestled in one of Richmond's most sought-after areas, offering unmatched convenience for tenants. Just minutes from Eastern Kentucky University, Baptist Health, vibrant downtown Richmond, and with swift access to I-75, this location ensures high demand year-round. The complex features a versatile mix of units: • 5 spacious 2-bedroom, 1.5-bath units • 2 charming 2-bedroom, 1-bath units • 1 cozy 1-bedroom, 1-bath unit Boasting a proven rental history and generating a robust $6,975 in monthly rental income, this property is a must-have addition to any investor's portfolio. Recent upgrades, including a new roof shingles and three beautifully remodeled units, enhance its appeal and ensure minimal upkeep. Step into a thriving market with this turn-key gem—a rare chance to capitalize on Richmond's ever-growing rental demand. Opportunities like this don't last long!

Features

15 bedrooms
13 bathrooms
20 carspaces
20769 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 15 bedroom other properties sold in Richmond over the last 12 months.

Property history for 306 Spangler Drive

2025
Sold
$850,000
11 Aug 2025 by Sarah Espinosa, of RE/MAX Creative Realty

Happy sellers in Richmond

68%
68% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Richmond over the last 12 months.

Local market activity for 15 bedroom other properties in Richmond

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