115-135 E Walnut Street, Danville, KY 40422
$3,200,000
Property Type:
Residential Income
Bedrooms:
52
Baths:
28
Square Footage:
21,724
Lot Size (sq. ft.):
65,471
Status:
Active
Current Price:
$3,200,000
List Date:
9/22/2026
Last Modified:
10/29/2026
Listing Details MLS# 26026063
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Apartment
Status Change Information
- Status Change Timestamp
- 2026-09-22
Address
- County
- Boyle
- Street Number
- 115-135
- Street Direction Prefix
- E
- Street Name
- Walnut
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40422
- Zip +4
- 1842
- Directions
- Downtown Danville to Second Street, left on E. Walnut. Apartments are on left.
- Parcel Number
- D08-015-030..
- Deed Book
- 608
- Deed Page
- 699
Contract
- Original List Price
- 3200000
- Start Showing Date
- 2026-09-22
- Listing Contract Date
- 2026-09-21
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 2129075.18
- List Price/SqFt
- 147.3
Tax Legal
- MLS Area Major
- 012 - Boyle County
- Subdivision Name
- Downtown
- High School District
- Boyle County - 12
Interior
- Bedrooms Total
- 52
- Bathrooms Total
- 28
- Bathrooms Full
- 28
- Living Area
- 21724
- Living Area Source
- Public Records
More Information
Parking Information
- Parking Total
- 30
Building
- Year Built
- 1976
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 1.503
- Lot Size Square Feet
- 65470.68
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- Rare opportunity to acquire a 28-unit multifamily portfolio consisting of three neighboring apartment buildings at 115, 125 & 135 E. Walnut Street in downtown Danville, Kentucky . This well-positioned portfolio combines a highly desirable central location with extensive property improvements and the convenience of on-site parking. The properties have been significantly improved, including new roofs, updated HVAC systems and updated units throughout, allowing a new owner to benefit from substantial capital improvements already completed while minimizing near-term renovation needs. The location is a standout. Situated beside historic Constitution Square and just blocks from Danville's Main Street district, residents have convenient access to downtown restaurants, shopping, services and community attractions. Ephraim McDowell Regional Medical Center is approximately 0.2 mile away, while Centre College is just minutes away along the Walnut Street corridor, placing the portfolio near two of Danville's major employment and educational anchors. With 28 units concentrated in one highly convenient location, the portfolio offers the efficiencies of larger-scale multifamily ownership along with strong accessibility and tenant appeal. The combination of updated units, major capital improvements, on-site parking and a walkable downtown location creates an attractive opportunity for investors seeking a stabilized multifamily asset in the heart of Danville. For buyers looking to expand the acquisition, additional Danville multifamily properties may also be available as add-on opportunities, including duplexes at 127-129 Aspen Drive, 134-136 E. Cheryl Lane and 155-157 E. Erskine Drive. These properties provide the option to increase unit count and further scale within the same market.
Building and Property Details
- Age of Roof
- Yes
Income and Expenses
- Gross Income
- 372000
- Insurance Expense
- 11844
- Personal Property Taxes
- 14153.89
Showing Information
- Showing Instructions
- Use showingtime
Property Features
Cooling:
Ductless; Electric
Heating:
Electric
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Listing Terms:
1031 Exchange; Cash; Conventional
Parking Features:
On Site
Possession:
Close Of Escrow; Subject To Tenant Rights
Roof:
Shingle
Structure Type:
Multi Family
Showing Requirements:
Call Listing Agent; Showing Service
Sellers Disclosure Of Property Condition ›
Listing Office:
Bluegrass Home Group
Last Updated: October - 29 - 2026
Information deemed reliable but not guaranteed.