306 Spangler Dr Richmond, KY 40475
Property details
About 306 Spangler Dr
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 units2 charming 2-bedroom, 1-bath units1 cozy 1-bedroom, 1-bath unitBoasting 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!
Highlights
Summary
- MLS Number: 25006032
- Office Name: RE/MAX Creative Realty
- Office Phone: (859) 422-2000
- Office Email: sari.lawrence@remax.net
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Last updated on: 4/9/2025, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$975,000
306 Spangler Dr
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 03, 2023 | Home Sold | $1,170,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $430,000 | $4,171 |
2022 | $430,000 | $4,183 |
2021 | $250,000 | $335 |
2019 | $250,000 | $347 |
2018 | $250,000 | $2,540 |
History based on county public records data.
Nearby schools
7
Kit Carson Elementary School
Public District 1-5
1.4 mi
•450 Tates Creek Rd
6
Daniel Boone Elementary School
Public District 1-5
2.1 mi
•710 N 2nd St
5
Glenn Marshall Elementary School
Public District 1-5
3.0 mi
•1442 Robert R Martin Bypass
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,145. Residents of Richmond, KY typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
Living in Richmond, KY
About 306 Spangler Dr
This home is located at 306 Spangler Dr in Richmond, KY and zip code 40475. Features: 15 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $975,000.
In March 2025, from all listings sold in Richmond, KY there were more than 7 sold above asking price, over 26 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Richmond, KY between February and March 2025 increased by 16.3%. Listings spent 52 days on the market in March 2025, and had a median list price of $305,044 during the same period.