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2021 Willow Drive

Richmond, KY 40475
  • $1,075,000
  • STATUS: Pending
  • ON SITE: 3 Days
  • MLS #: 26007368
Pending
UPDATED: 135 min ago
$1,075,000
  • 16
    BEDS
  • 0.6
    ACRES
  • 12
    BATHS
  • 4
    1/2 BATHS
  • 9,280
    SQFT
  • $116
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2010
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

www.laneteamky.com/homes/174947792
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2021 Willow Drive Richmond, KY 40475

  • Price: $1,075,000
  • Status: Pending
  • On Site: 3 Days
  • Updated: 135 min ago
  • MLS #: 26007368
16
Beds
12
Baths
4
½ Baths
0.6
Acres
9,280
SQFT
$116
$/SQFT
2010
Built
Neighborhood:
Autumn Place
County:
Madison
Area:
Madison County
Elementary School:
Kirksville
Middle School:
Farristown
High School:
Madison Central
School District:
Madison County
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.
Exterior Features

Attached Garage YN No Parking Features Paved Roof Dimensional StyleShingle

Interior Features

Building Area Total 9280 Cooling ElectricHeat Pump Cooling YN Yes Heating ElectricHeat Pump Heating YN Yes Laundry Features Electric Dryer HookupWasher Hookup

Property Features

Accessibility Features YN No Association Amenities [] Association Fee Includes [] Building And Property Details Building Expansi No Building And Property Details Common Area Sq Ft 0 Building And Property Details No Of Dock Doors 0 Building And Property Details No Of Drivein Door 0 Building And Property Details No Of Floors Servi 0 Building And Property Details No Of Mens Restroo 0 Building And Property Detials No Of Womens Restr 0 Community Features [] Listing Terms 1031 ExchangeCashConventional Other Equipment [] Property Condition [] Property Sub Type Apartment Security Features [] Special Listing Conditions [] Structure Type Multi FamilyOther Utilities Cable AvailableElectricity ConnectedSewer ConnectedUnderground UtilitiesWater Connected Zoning Description Commercial

Bluegrass REALTORS® logo Listing provided courtesy of Lisa Scully of CENTURY 21 Advantage Realty: 859-624-5488 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502