Listing Courtesy of: James Woolery - Joyce Marcum Realty
859-624-0088
$339,900
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727 River Drive Irvine, KY 40336
Multi-Family
Residence
8
Beds
5
Baths
...
Bed/Bath
5,040
Sq. Ft.
Property Activity
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days
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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 a...ll-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 $339,900 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!
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MLS#
25013332
Property Type
Multi-Family
Bedrooms
8
Bathrooms
4 Full/1 Half
Year Built
1981
Square Feet
5,040
sq. ft
Lot Size
0.25
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