Courtesy: Joyce Marcum Realty
859-624-0088
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!
Irvine is located in Kentucky. Irvine, Kentucky has a population of 2,725. Irvine is more family-centric than the surrounding county with 35% of the households containing married families with children. The county average for households married with children is 23.37%.
The median household income in Irvine, Kentucky is $35,462. The median household income for the surrounding county is $36,336 compared to the national median of $69,021. The median age of people living in Irvine is 41.9 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 48.3 inches per year, with 10.9 inches of snow per year.
