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1516 E Irvine StreetRichmond, KY 40475Price: $2,275,000

  • Price: $2,275,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,275,000List Price
  • 31Bedrooms
  • 29Bathrooms
  • 0.54Acreage
  • 8,956Square Feet

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Listed by Daniel Mullins of ERA Select Real Estate
Don't miss this exceptional opportunity to own a portfolio of 29 rental units in the heart of Richmond, Kentucky! The portfolio consists of two conveniently located properties. The first property, located at 1516 E. Irvine Street, features 21 ground level rental units, including 20 one-bedroom units and one two-bedroom unit. The second property, located at 702 and 704 N. 3rd Street, offers an additional 8 rental units, consisting of four one-bedroom units and four two-bedroom units. These properties offer an excellent opportunity for investors looking to expand their rental portfolio in a desirable rental market. With strong rental demand, consistently high occupancy, and established long-term tenants, this portfolio offers an opportunity to acquire multiple income producing units in one investment. Whether you're an experienced investor looking to grow your portfolio or someone seeking a substantial real estate investment, this is an opportunity worth exploring!

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"Based on information submitted to ImagineMLS as of November 13, 2026 11:48 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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