Apartment For Sale near Kentucky River

Solid 4-Plex Investment - Concrete Construction, Great Location! This 5,040 sq ft 2-story building features concrete block walls and concrete floors on both levels, ensuring quiet living and energy efficiency. It includes four large 2-bedroom, 1-bath units-one with an extra half bath. Each unit is all-electric with KY Utilities, Columbia Natural Gas, public water/sewer, and like-new HVAC systems. Roof is less than 5 years old. Concrete design + providers offering some of the lowest utility rates in the region help keep costs down. Prime location on KY HWY 52 with direct access and a dedicated turning lane-a major advantage for tenants and visitors alike. High visibility, easy entry, and steady traffic flow make this a standout multifamily investment. Currently rents for $2,500/month with a projected income of $3,200/month ($800/unit), offering strong returns on a $349,900 investment. Tenants enjoy 2 parking spots each plus guest parking. Located on KY HWY 52 for easy commutes, near Ravenna Choo Choo Park, restaurants, and stores. Just 30 minutes to I-75 and Richmond, KY with Walmart, Lowe's, Menards, and EKU. A smart, low-maintenance addition to your rental portfolio!

Property Details

  • Beds: 8
  • Baths: 4.0
  • Sq Feet: 5040
  • Year Built: 1981
  • Location: Kentucky River
  • Acres: 0.250
  • County: Estill County
  • Community: Downtown
  • Heat/AC: Forced Air
  • Roof: Composition
  • Stories: 2
  • MLS #: 25013332

Location

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Contact Information:

Contact Agent
Listing Agent: James Woolery, Joyce Marcum Realty, 859-358-0691, 859-624-0088 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Apartment For Sale in Irvine, Kentucky
Ad Number : 6959166
Viewed: 37 times
Added: Nov 03, 2025
Updated on: Jan 18, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.