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    1 home
    1 home available
    Closed Aug 11, 2025
    306 Spangler Drive, Richmond, KY 40475
    $850,000
    15beds
    8 full, 5 halfbath
    sqft
    0.48acres
    Sale

    306 Spangler Drive, Richmond, KY 40475

    Listing by: RE/MAX Creative Realty
    1 - 1 of 1 results
    © 2025 Imagine MLS
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    Imagine Your Home
    306 Spangler Drive, Richmond, KY 40475
    Closed Aug 11, 2025
    $850,000
    15beds
    8full,5half bath
    sqft
    0.48acres

    306 Spangler Drive, Richmond, KY 40475

    Sale by Sarah B EspinosaRE/MAX Creative Realty.

    Data checked 5 mins ago. Listing last updated 10 days ago.
    1. Overview
    2. Details
    3. More 

    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!

    Details
      Property type
    Multi-Housing
      Year built
    9999
      Heating
    -
      Cooling
      Garage
    No
      Parking spots
    -
    25006032
    MLS ID
    Closed
    Status
    Aug 11, 2025
    Closed
      Laundry features
      Flooring
      Fireplace
    No
      Architectural Style
      View
    Interior features
    Exterior features
    Lot features
    Appliances included
    Construction materials
    Monthly taxes
    -
    Yearly taxes
    -
    Community Features
    -
    School district
    Madison County - 8
    Schools
    Kirksville, Madison Mid, Madison Central
    Senior community
    No
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Sarah B Espinosa
    Sarah B Espinosa
    REALTOR® Salesperson, RE/MAX Creative Realty
     
     
    Schools
    Elementary Schools
    Kirksville Elementary School
    2399 Lancaster Rd, Richmond, KY 40475
    School Rating
    B
    Grades
    PK-5
    Students
    515
    Teachers
    36.8
    Student to Teacher Ratio
    14:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Middle Schools
    Madison Middle School
    101 Summit St, Richmond, KY 40475
    School Rating
    C-
    Grades
    6-8
    Students
    661
    Teachers
    32.3
    Student to Teacher Ratio
    20:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    High Schools
    Madison Central High School
    705 N 2nd St, Richmond, KY 40475
    School Rating
    B-
    Grades
    9-12
    Students
    2,149
    Teachers
    110.1
    Student to Teacher Ratio
    20:1
    Advanced Placement
    Yes
    Magnet School
    No
    Charter School
    No
    Schools data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Demographics for 40475
    Population
    67,573
    Median age
    32.8
    Avg. household size
    2.3
    Avg. household income
    $89,426
    Households with children
    47.3%
    Households without children
    52.7%
    Employment
    Unemployment Rate
    6.6%
    Blue Collar
    32.6%
    White Collar
    60.9%
    Education
    Less than 9th grade
    2.4%
    Some high school
    4.5%
    High school graduate
    27.1%
    Some college
    18.2%
    Associate's degree
    9.9%
    Bachelor's degree
    22.2%
    Graduate degree
    15.8%
    Schools and Demographic data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Location
    Exit 87 Left on Bypass towards EKU. Right on Spangler
    For Sale Nearby
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    3,347sqft
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    House for Sale

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    1036 Carriage Place Drive, Richmond, KY 40475
    $338,295
    4beds
    2bath
    1,771sqft
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    House for Sale

    1036 Carriage Place Drive, Richmond, KY 40475

    Listing by: HMS Real Estate LLC
    1040 Carriage Place Drive, Richmond, KY 40475
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    2,053sqft
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    House for Sale

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    5beds
    3bath
    2,600sqft
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    205 Pin Oak Drive, Richmond, KY 40475
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    3beds
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    11,761sqft
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    3beds
    2bath
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    $199,500
    3beds
    1bath
    6,098sqft
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    sqft
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    306 Spangler Drive, Richmond, KY 40475, is a 15 bedroom, 8 bathroom Sale built in 9999. This property is currently available for sale and was listed on Imagine Your Home on 3-28-2025. The MLS# for this Sale is MLS# 25006032.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
    Copyright ©2025