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Listed price in listed location currency (USD).
$1,850,000

30180

MLS® 26002268

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 5466 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 39
Approx. Age 9999
Avg. Price Per Sqft $338
MLS® Number 26002268

Property Address: 159-181 Miller Dr, Richmond, KY, 40475-3074

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 18-unit investment opportunity in the heart of Richmond. This well-maintained apartment complex consists of two buildings (side by side) and offers strong cash flow, no deferred maintenance, and easy management thanks to extensive recent upgrades throughout the property. Major improvements include a new dimensional shingle roof (2023), LVP flooring throughout most units, updated electrical and plumbing, fresh interior paint in all units, multiple HVAC unit replacements, and decking boards replaced and painted for long-term durability. The parking lot has been recently seal-coated and striped, providing clean, organized parking for tenants and guests. The property is uniquely positioned in a private, rural-feeling setting while being just minutes from downtown Richmond, offering tenants the best of both privacy and convenience. With a solid rent roll, modernized systems, and minimal ongoing capital needs, this is a turnkey, stabilized asset ideal for both seasoned investors and those looking to scale their portfolio in a growing market. Property owner is the licensed selling agent.
MLS® Number26002268
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelElectric Dryer Hookup, Washer Hookup
Exposure
Exterior
GarageNo
Approx. Age9999
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 7, 2026List Date
$1,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
159-181 Miller Dr, Richmond, KY

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