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2021 Willow Drive, Richmond, KY 40475

$1,075,000
  • 2021 Willow Drive, Richmond, KY 40475 Main Photo

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New to the Market Active
BEDS16 BATHS12 full 4 partial SQUARE FEET9,280 MLS#26007368
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAutumn Place SCHOOLMadison County - 8

Property Description

This solid two-story brick multifamily building offers a mix of spacious townhomes and efficient apartments, ideally located off Duncannon Road with quick access to I-75. It includes four townhomes with 2 bedrooms and 2.5 baths each, and four apartments with 2 bedrooms and 1 bath each, all designed for comfortable living with practical layouts. Interior features include flooring choices of tile, luxury vinyl plank (LVP), and carpet throughout, along with ceiling fans in living areas and bedrooms for added comfort. The roof was replaced in 2024, and four units are equipped with newer HVAC systems. Back porches and stairs have been recently updated, and underground utilities keep service clean and reliable. Tenants pay their own electric, with separate utility meters to streamline cash flow and reduce owner expenses. The location on Duncannon Road provides convenient access to I-75, and it's close to shopping, dining, and commuter routes. Investment highlights include strong density with a mix of 2-bedroom townhomes and 2-bedroom apartments, recent capital improvements (roof 2024, new HVAC units on four units, updated back porches and stairs), underground utilities, and separate electric meters that align with market practice and favorable expense tracking. This property offers a balanced, low-maintenance portfolio with modern updates, making it attractive to tenants and an efficient asset for an investor.

2021 Willow Drive | MLS# 26007368

This multi-family property located at 2021 Willow Drive, Richmond, KY 40475 is currently listed for sale with an asking price of $1,075,000. Willow Drive is located within the Madison County - 8 school district. Search Richmond real estate on online.salliedavidsonrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric, Heat Pump
Fuel Type: Electric
Heating: Electric, Heat Pump
Lot Size: 0.60 Acres
Roof Type: Dimensional Style, Shingle

Feature Descriptions

Days on Site: 1
Laundry: Electric Dryer Hookup, Washer Hookup
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 0.600 acre(s)
Parcel #: 0070-0002-0009-12
Parking Notes: Paved
Structure Type: Multi Family, Other
Utilities: Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Local Schools

High School: Madison Central
Middle School: Farristown
Elementary School: Kirksville
School District: Madison County - 8

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 Advantage Realty

Shown By

Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000

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Estimated Payment

$ 4,175.33 per month $3,861.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $313.54 Homeowner's Insurance

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