Welcome to Richmond, Kentucky: Your Source for Fixer-Upper and Distressed Real Estate Properties
40475
$79,000
109 Dawn Ct Richmond, KY 40475
0 Beds, 0 Baths, 0 SqFt
* Build Your Dream Home
Lot 5: Build your dream home in a thoughtful, single-family community with Developer plan approval...
Offered by Amanda Marcum
Richmond, Kentucky, may be a hidden gem for investors looking for foreclosure and distressed real estate opportunities. As of Q2 2021, the city has shown a higher than average rate of foreclosure filings compared to the national average, making it a fruitful market for those seeking properties at a discounted price. With a diverse range of housing inventory including single-family homes, townhouses, and condos, investors have ample choices to build their real estate portfolio in this area.
$1,390,000
1581 Poosey Ridge Rd Richmond, KY 40475
3 Beds, 2 Baths, 1882 SqFt
* Unfinished
Remodeled farmhouse full of character, thoughtfully updated to remain both functional and...
Offered by Tina Neal
Despite the presence of distressed properties, Richmond boasts several unique positive attributes that make it an attractive location for investment. The city's growing economy, driven by industries such as education, healthcare, and manufacturing, provides a stable foundation for property appreciation over time. Additionally, Richmond's proximity to major cities like Lexington and Louisville offers convenience and accessibility, making it an ideal choice for renters or potential buyers looking for a suburban lifestyle with urban amenities.
$375,000
Old Wilderness Trl Lot 3 Richmond, KY 40475
0 Beds, 0 Baths, 0 SqFt
* Build Your Dream Home
Beautiful wooded 20-acre tract with ample road frontage along Old Wilderness Trail. This property...
Offered by Jason Carpenter
Whether you’re looking to buy low and flip high, find your next buy-and-hold investment or looking to generate steady rental income, this area may have the right mix of affordability, property condition, and upside potential. This is where Richmond character meets investor opportunity. We are here to help you find those opportunities.
$330,000
1096 Merrick Dr Richmond, KY 40475
4 Beds, 6 Baths, 2652 SqFt
* Income Potential
Great duplex with strong income potential and steady cash flow, as each unit is rented. Each side...