181 Miller Drive Richmond, KY 40475

Other Residential MLS #: 25000739 Courtesy Of Premier Property Consultants

$625,000

12 beds | 6 baths | 4,494 sq ft
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Estimated monthly payments: $2,732/mo.* (recalculate)

Property InformationDescription

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!
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Features

  • Amenities: Dock
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Lot Size: 0.42 Acres

MAP & DIRECTIONS

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181 Miller Drive, Richmond, KY 40475
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School Information

181 Miller Drive, Richmond, KY 40475

Elementary School
Grades PK-KG | Public School
MADISON KINDERGARTEN ACADEMY
Richmond, KY 40475
300 Bond St
859.­625.6050
Distance: 2.1 mi
Student:Teacher Ratio
15:1
Total Students
360
Elementary School
Grades 1-5 | Public School
GLENN MARSHALL ELEMENTARY SCHOOL
Richmond, KY 40475
1442 Robert R Martin Bypass
859.­625.6076
Distance: 0.6 mi
School Rating
B+
Student:Teacher Ratio
13:1
Total Students
420
Middle School
Grades 6-8 | Public School
B. MICHAEL CAUDILL MIDDLE SCHOOL
Richmond, KY 40475
1428 Robert R Martin Bypass
859.­625.6172
Distance: 0.5 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
552
High School
Grades 9-12 | Public School
MADISON CENTRAL HIGH SCHOOL
Richmond, KY 40475
705 N 2nd St
859.­625.6109
Distance: 0.9 mi
School Rating
B
Student:Teacher Ratio
20:1
Total Students
2149
Other Nearby Schools Distance Type Grades School Rating
Daniel Boone Elementary School 0.8 mi Public 1-5 C+
Madison County Area Technology Center 1.0 mi Public 8-12
Lafontaine Preparatory School 1.0 mi Private PK-5
Madison County Day Treatment 1.1 mi Public 6-12
Bellevue Transitional School 1.1 mi Public 6-12
St Mark Catholic School 1.6 mi Private PK-5
Madison Middle School 1.7 mi Public 6-8 B-
Kit Carson Elementary School 1.7 mi Public 1-5 B
White Hall Elementary School 2.1 mi Public 1-5 B-
Clark Moores Middle School 2.8 mi Public 6-8 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Richmond, KY 40475

Median Age: 36.8
Married: 48%
Number of Households: 26,648
Households with Children: 26.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.