$525,000
Unlock Price Rating!

240 Susan Drive, Richmond, KY 40475

12 Beds
5 Baths
4,920 Sq Ft

Excellent Investment Opportunity in Richmond! This 5-Unit Apartment Building (Three 2BR, 1BA Units and Two 3BR, 1BA Units. Four Units Have Their Own Detached Storage Unit) at 240 Susan Drive Offers Strong Potential for Increased Income ? Current Leases are Under Market Value, Presenting an Immediate Value-Add Opportunity for Savvy Investors. Conveniently Located Near Shopping, Dining, and Eastern Kentucky University, this Well-Maintained Property Provides Consistent Occupancy and Solid Rental History. With Updated Rents, this Property Could Deliver Impressive Returns in Richmond's Growing Rental Market.

  • MLS# 25506308
  • Date Listed11/17/2025
  • Days on Realty 9 Days
  • Bedrooms 12
  • Bathrooms 5 Full baths
  • Lot Size 0.49 acres (21,344 sq. ft)
  • Subdivision Hillcrest
  • County Madison
  • Year Built 1990
  • Square Feet 4,920 sq. ft
  • Price Per Sq. Ft $106.71

Interior Features

  • Cooling Central Air, Electric, Heat Pump
  • Heating Electric, Forced Air, Heat Pump, Natural Gas

Exterior / Lot Features

  • Roof Shingle
  • Lot Size Acres 0.49
  • Lot Size SQFT 21,344.40
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in KY / 40475

Source: Walkscore

4/100

Car-Dependent

Walk Score ®

24/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 13/100.

Points of Interest near 240 Susan Drive, Richmond, KY 40475

Frequently Asked Questions for 240 Susan Drive

Source: Realty.com

240 Susan Drive, Richmond, KY 40475 is a Apartment, Residential Income property listed for $525,000 The property is 4920 sq. ft with 12 bedrooms and 5 bathrooms

Realty.com has 77 photos of 240 Susan Drive.

Our records indicate that 240 Susan Drive was built in 1990.

The full address for this home is 240 Susan Drive, Richmond, KY 40475.

240 Susan Drive has been listed on Realty.com since Mon November 17, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 13/100.

There are 3 schools assigned to this home. Check out the schools near 240 Susan Drive. Boonesborough Elementary (Grades: PK - 5), Clark Moores Middle School (Grades: 6 - 8), Madison Central High School (Grades: 9 - 12)

Listing provided courtesy of: The Real Estate Co. (tel: 859-979-1508)
Listing agent: Tom Thomas (#73409)

This content last refreshed on 2025-11-26 23:01:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 240 Susan Drive, Richmond, KY 40475 : MLS# 25506308