1205 Paula Dr, Richmond, KY, 40475

Richmond Brick Ranch

We are selling our assignable purchase contract on the property below:

1205 Paula Dr, Richmond, KY, 40475

Open House: Thursday, June 18 @ 11:30 AM (ET)
Offer Deadline: Friday, June 19 @ 11:30 AM (ET)
Submit Offers Starting At Or Above: $150,000

No extensions will be granted.
Buyers Agent include your commission when submitting offers!

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To submit an offer or set up a viewing please contact Andy at (859) 605-3273 or email andy@rapidfireinvestments.com

Details:

4bd/1.5ba with 1588 sqft
Built in 1990
Lot Size: 0.34 Acres
Owner Occupied
Closing on or before 09/04/26
Market Rent: $1,650
Current Rent: N/A
1205 Paula Dr, Richmond, KY 40475 presents the kind of opportunity investors are always searching for—a solid brick ranch in one of Richmond's most desirable pockets. Whether you're looking for your next quick-turn flip or a long-term buy-and-hold addition to your portfolio, this property checks all the boxes. Starter homes remain in high demand, and this classic brick ranch offers the ideal layout and location to attract both retail buyers and quality tenants. With strong upside potential, manageable renovation scope, and a sought-after neighborhood setting, this is the type of investment that can deliver from day one. Don't miss your chance to capitalize on a proven product in a growing market. Opportunities like this don't stay available for long! 🏡💰

ARV is $280,000 based on the following comps:

1209 Paula Dr in Richmond, KY, 40475 is a renovated 1920 SqFt, 3 Bed / 2 Bath that sold for $297,000 on 5/11/2026 ($154.69 per SqFt)
1221 Paula Dr in Richmond, KY, 40475 is a renovated 1980 SqFt, 3 Bed / 2 Bath that sold for $296,900 on 11/10/2025 ($149.95 per SqFt)
1204 Paula Dr in Richmond, KY, 40475 is a renovated 1760 SqFt, 3 Bed / 2 Bath that sold for $298,000 on 5/30/2025 ($169.31 per SqFt)

Repairs:

Roof: 15+ Years Old

HVAC: 9 Years Old

Water Heater: 5 Years Old

To submit an offer or set up a viewing please contact Andy at (859) 605-3273 or email andy@rapidfireinvestments.com

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

$2,500 earnest money check required for all buyers.

Title is already open with our preferred partner, Brown & Thompson, PLLC, ensuring a smoother, expedited closing process by working directly with our trusted team.

Realtors, add your fee (whatever you like) and bring us a buyer!

Not interested in this deal? Click here to view our other listings

We are growing our team!

We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate.

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Questions? I can Help!

Andy KlunderInvestment Sales Specialist

Don’t miss out! To submit an offer or schedule a viewing, contact me now at (859) 605-3273