$625,000

181 Miller Dr Richmond, KY 40475

$7,422
Closing credit¹
12 beds
6 full
4,494 sqft
0.4 acres
$139 / sqft
Multi-Family

Property details

About 181 Miller Dr

This well-maintained, fully leased, 6-plex multifamily property in Richmond, KY, presents an outstanding opportunity for investors looking to expand their portfolio. Recent upgrades include replacing shingles in 2023, ensuring long-term protection and peace of mind. The property has also seen significant interior improvements, including brand-new LVP flooring, fresh paint throughout, and the installation of new appliances in each unit, providing a modern, move-in-ready experience for tenants. The exterior of the building has been enhanced with a seal-coated, freshly painted parking lot and new landscaping, adding to the property's curb appeal and functionality. Additionally, a professional basement waterproofing system has been installed, protecting the structure and offering added value for years to come. This property is an ideal addition for investors seeking steady rental income with minimal deferred maintenance. With these recent upgrades, you can confidently take ownership and watch your investment thrive. Don't miss out on this prime multifamily opportunity!

Highlights

Home typeMulti Family
StatusActive
CoolingWindow Unit(s)
Size4,494 sqft
Lot size0.42 Acres
Year built9999
Parking11 - 20 Spaces, On Site
MLS #25000739

Summary

  • MLS Number: 25000739
  • Office Name: Premier Property Consultants
  • Office Phone: (859) 314-5759
  • Office Email: brokerservices@realwaiz.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of outdoor building at dusk

$625,000

181 Miller Dr

$7,422

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 16, 2023
Home Sold
$3,000,000
Nov 03, 2021
Home Sold
$4,780,268

Tax history

YearAssessmentProperty Tax
2023$275,790$2,675
2022$275,790$2,683
2021$150,000$1,486
2019$150,000$1,525

History based on county public records data.

Nearby schools

5

Glenn Marshall Elementary School

Public District 1-5

0.6 mi

1442 Robert R Martin Bypass

6

Daniel Boone Elementary School

Public District 1-5

0.7 mi

710 N 2nd St

7

Kit Carson Elementary School

Public District 1-5

1.7 mi

450 Tates Creek Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,131. Residents of Richmond, KY typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

40%
<35k
50%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
14%
Single, with Kids
26%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • College FootballCollege Football
  • Pro WrestlingPro Wrestling
  • NASCARNASCAR

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Family DollarFamily Dollar
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • SonicSonic
  • Dominos PizzaDominos Pizza
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • KiaKia
  • FordFord
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Richmond, KY

About 181 Miller Dr

This home is located at 181 Miller Dr in Richmond, KY and zip code 40475. This 4,494 square foot home, which was built in 9999, sits on a 0.42 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $625,000.

In February 2025, from all listings sold in Richmond, KY there were more than 6 sold above asking price, over 19 sold below and more than 9 were sold right at the asked price. In February 2025 in Richmond, KY there were 8% more homes for sale than in January. While the average time on the market in February 2025 was 48 days, the median list price was $305,562.

From Rocket Homes Real Estate and based on county public records data.

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