135 E Walnut Street, Danville, KY 40422
$1,275,000
Property Type:
Residential Income
Bedrooms:
20
Baths:
10
Square Footage:
6,864
Lot Size (sq. ft.):
40,075
Status:
Active
Current Price:
$1,275,000
List Date:
9/22/2026
Last Modified:
10/29/2026
Listing Details MLS# 26026050
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Apartment
Status Change Information
- Status Change Timestamp
- 2026-09-22
Address
- County
- Boyle
- Street Number
- 135
- Street Direction Prefix
- E
- Street Name
- Walnut
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40422
- Directions
- Downtown Danville to Second Street, left on E. Walnut. Apartments are on left
- Parcel Number
- D08-015-008.
- Deed Book
- 608
- Deed Page
- 699
Contract
- Original List Price
- 1275000
- 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
- 1385869.57
- List Price/SqFt
- 185.75
Tax Legal
- MLS Area Major
- 012 - Boyle County
- Subdivision Name
- Downtown
- High School District
- Boyle County - 12
Interior
- Bedrooms Total
- 20
- Bathrooms Total
- 10
- Bathrooms Full
- 10
- Living Area
- 6864
- Living Area Source
- Public Records
More Information
Building
- Year Built
- 1976
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 0.92
- Lot Size Square Feet
- 40075
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- Rare opportunity to acquire a 10-unit multifamily property at 135 E. Walnut Street in the heart of downtown Danville, Kentucky, generating $144,000 in annual rental income. This well-positioned apartment building combines a convenient central location with significant property improvements and on-site parking. The property has been substantially improved, including a new roof, updated HVAC systems, and updated units throughout, reducing near-term capital improvement needs while offering an attractive foundation for continued multifamily ownership. Residents benefit from a highly convenient location beside historic Constitution Square and just blocks from Danville's Main Street district, with easy 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. With 10 units, extensive improvements, on-site parking and a walkable downtown location, the property offers an attractive opportunity for an investor seeking a manageable multifamily asset in a desirable central Danville setting. May be purchased individually or together with the neighboring properties at 115 and 125 E. Walnut Street for a total 28-unit portfolio. For an expanded investment opportunity, the package may also include three additional Danville duplexes located on Aspen Drive, E. Cheryl Lane, and E. Erskine Drive, bringing the combined portfolio to 34 units.
Building and Property Details
- Age of Roof
- 2025
Income and Expenses
- Gross Income
- 144000
- Insurance Expense
- 3984
- Real Estate Taxes
- 4718
- Total Actual Rent
- 144000
Property Features
Utilities:
Cable Available; Phone Available; Sewer Connected; Water Connected; Cable Available; Phone Available; Sewer Connected; Water Connected
Community Features:
Park
Cooling:
Electric
Heating:
Electric
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Listing Terms:
1031 Exchange; Cash; Conventional
Parking Features:
Other
Possession:
Close Of Escrow; Subject To Tenant Rights
Roof:
Shingle
Structure Type:
Multi Family
Showing Requirements:
Call Listing Agent; Showing Service
Lead Based Paint Disclosure ›
Listing Office:
Bluegrass Home Group
Last Updated: October - 29 - 2026
Information deemed reliable but not guaranteed.