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:
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Listing Agent: James Woolery, Joyce Marcum Realty, 859-358-0691, 859-624-0088 Listing Site, Listing Status: Active
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| 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. | |
