$949,900
Georgetown, KY 40324
MLS# 26005232
20 beds | 10 baths | 6273 sqft
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Property Description
Excellent opportunity to add a cash-flowing multi-family property to your portfolio! This 10-unit apartment complex features ten 2-bedroom, 1-bath units, making it an ideal rental property with strong demand for smaller, affordable units. Each unit offers a functional layout with a living area, kitchen, bedroom, and full bath, maximizing usability and rental potential. The building's layout provides individual unit access with exterior entry, making maintenance and tenant access convenient. Situated on a corner lot with nearby street parking and easy access to surrounding neighborhoods, this property is well-positioned for continued rental demand. Whether you are a seasoned investor looking to expand your portfolio or a buyer seeking a multi-unit property with value-add potential, this 10-unit complex offers excellent income potential and long-term upside.
Details
Documents
Listing Information
Comp Sale YN: No
Property Sub Type: Apartment
Address
County: Scott
Street Number: 725
Street Direction Prefix: E
Street Name: College
Street Suffix: Street
State: KY
Zip Code: 40324
Directions: Lexington Kentucky- Follow S Limestone, W Main St and Newtown Pike to Georgetown
Parcel Number: 167-20-241.000
Contract
Current Price: $949,900
Original List Price: 1075000
Status: Active
Start Showing Date: 2026-03-17
Listing Contract Date: 2026-03-16
List Price: $949,900
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 3957916.67
List Price/SqFt: 151.43
Interior
Bedrooms Total: 20
Bathrooms Total: 10
Bathrooms Full: 10
Living Area: 6273
Building
Year Built: 1948
Stories Total: 2
Accessibility Features YN: No
Lot
Lot Size Acres: 0.24
Lot Size Square Feet: 10454.4
Utilities
Cooling YN: Yes
Heating YN: Yes
Remarks
Public Remarks: Excellent opportunity to add a cash-flowing multi-family property to your portfolio! This 10-unit apartment complex features ten 2-bedroom, 1-bath units, making it an ideal rental property with strong demand for smaller, affordable units. Each unit offers a functional layout with a living area, kitchen, bedroom, and full bath, maximizing usability and rental potential. The building's layout provides individual unit access with exterior entry, making maintenance and tenant access convenient. Situated on a corner lot with nearby street parking and easy access to surrounding neighborhoods, this property is well-positioned for continued rental demand. Whether you are a seasoned investor looking to expand your portfolio or a buyer seeking a multi-unit property with value-add potential, this 10-unit complex offers excellent income potential and long-term upside.
Showing Information
Showing Instructions: Please use Showingtime to schedule all showings
Status Change Information
Price Change Timestamp: 2026-06-11T01:00:09Z
Status Change Timestamp: 2026-03-17
Tax Legal
MLS Area Major: 005 - Scott County
Subdivision Name: Apple Creek
High School District: Scott County - 5
Property Features
Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Cooling: Electric
Heating: Electric
Laundry Features: Common Area
Possession: Negotiable
Roof: Shingle
Structure Type: Multi Family
Showing Requirements: Showing Service
Sellers Disclosure Of Property Condition 
Listing Office: Keller Williams Commonwealth
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.