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$235,000
4 Beds 2 Baths 26010673 MLS
214 Valley Street offers the opportunity to acquire a fully occupied, income-producing, value-add duplex in the heart of Richmond, Kentucky. Located just off the Richmond Bypass near a major retail corridor, the property benefits from strong rental demand and limited multifamily inventory in the area. The property features two 2-bedroom, 1-bath units totaling 4 bedrooms and 2 full baths. Both units include central heat and air, washer/dryer hookups, vinyl windows approximately six years old, and carpet and vinyl flooring throughout. Recent improvements include a new roof in 2023, new eaves in 2026, and driveway repairs completed in 2026. Currently 100% occupied, the property generates approximately $12,600 in annual gross rental income with below-market rents, offering future upside potential for investors. With low operating expenses and an estimated NOI of approximately $7,481 annually, 214 Valley Street presents a strong opportunity to acquire a stabilized multifamily asset in a high-demand Richmond location. 214 Valley Street and adjacent 216 Valley Street may be purchased together as a multifamily portfolio, with a negotiated portfolio price available for buyers acquiring both properties.

214 Valley St, Richmond

$1,100,000
11 Beds 12 Baths 25502409 MLS
SIGNIFICANT REDUCTION, MOTIVATED SELLER! Rabbit Creek, the profitable Woodford County bed and breakfast and wedding venue is for sale. This popular vacation destination and turn-key business, located on nine tranquil acres just minutes outside Versailles, features eight spacious guest bedrooms, each with a private bathroom. Four guest rooms have balconies which provide a wonderful place to relax and there is also a spacious 'Bridal Suite.' Rabbit Creek also has a recreation room and a separate party/banquet room, perfect for birthdays, anniversary parties and other happy events. There is also a redwood sauna on the first floor. Outside, the property features an in-ground pool and landscaped grounds with a beautiful gazebo. Apart from the guest rooms, there is a 700 sf apartment featuring a living room, kitchen, bathroom and bedroom over the garage, which currently houses the B&Bs resident housekeeper, and another small apartment with a living room, kitchen, bathroom and bedroom located over the party room.

1010 Steele Rd, Versailles

$215,000
2 Beds 2 Baths 26014693 MLS
Enjoy sweeping sunrise views with this rare opportunity to own two adjoining, second-level waterfront apartments overlooking beautiful Kentucky Lake, the Keniana Subdivision fishing pier, and the community boat launch. Each apartment is a 1-bedroom/1-bath, but together they've most recently been used as a 3-bedroom/2-bath setup, with the living area of the north-side unit utilized as a third sleeping space. Step out onto the covered front deck and take in the serene waterfront setting. It's the perfect spot to sip your morning coffee, or to unwind with a meal or favorite beverage after a day spent boating, fishing, or exploring all that Kentucky Lake has to offer. Whether you're looking for a weekend retreat, investment opportunity, or flexible lakefront living arrangement, these apartments offer versatility, views, and direct access to the lake lifestyle you've been dreaming of.

92 Hightide Ln, New Concord

$375,000
3 Beds 2 Baths 26016654 MLS
310 Hanover Court holds the rare, adaptable soul that defines Kenwick's most captivating homes. Currently operating as a spacious single-family, this property retains the graceful bones of its original duplex heritage offering an effortless canvas to awaken a multi-unit income stream or craft a custom, light-filled layout entirely your own. Whether you choose to live in one unit while bringing vision to the other, curate an income-generating retreat, or reimagine the space from the ground up, the potential here feels unbound. Step outside to Kenwick's tree-lined avenues, vibrant local spots, and rich neighborhood pulse, and let this historic footprint inspire its next extraordinary chapter. Offered strictly as-is, this property is a blank canvas rich with untapped equity for a visionary buyer or creator. The home stands on solid, well-cared-for bones anchored by a newer roof, a newer water heater, and updated vinyl windows that provide a reliable foundation for your design vision. Out back, a rare detached large garage complete with a dedicated workbench area offers space to dream, store, and build. Tucked into an unbeatable location just minutes from downtown, all the essentials are in place to bring this Kenwick property into its next extraordinary chapter.

310 Hanover Ct, Lexington

$299,000
25014455 MLS
Don't miss this rare chance to own 5 manufactured homes situated on a recently surveyed 2.021-acre parcel—all currently leased and generating steady rental income. This multi-family setup offers a strong investment portfolio in one location, ideal for both seasoned and first-time investors. Each home is well-positioned with space between units, providing a balance of privacy and functionality. With utilities in place and income already flowing, this is a turnkey investment with immediate returns possible. Conveniently located with growth potential—expand, improve, or simply enjoy the cash flow. Great opportunity for long-term passive income in a high-demand rental market. Shown by appointment only-PLEASE RESPECT TENANT PRIVACY.

119 Nightingale Ln, Girdler

$499,900
11 Beds 7 Baths 25015301 MLS
This is a rare opportunity in Downtown Stanton, Kentucky which is near Natural Bridge & The Daniel Boone National Park. This area is known for its world class rock climbing and natural beauty! This property is zoned commercial and residential. Formerly there was a rock climbing business on the first floor at 494 N Main Street and a very nice residence on the second floor at 494 N Main. The residence has tall ceilings, refinished wood floors, a large Living and Dining Area and a spacious updated Kitchen with abundant cabinetry, granite countertops and an island. There is a Primary Suite with full attached Bathroom & 2 additional Bedrooms and a hall Bathroom. The property at 488 N Main Street is currently used as a short term rental. The first floor has a community Kitchen area, 2 community Bathrooms and 3 Bedrooms each with its own digital lock and half split unit for heating and cooling. The second floor offers the same room rental arrangement but has 5 Bedrooms plus the community Kitchen and 2 Bathrooms. There is ample parking around the building with a driveway on the right side of the building. This unique property offers many commercial opportunities!. Please call for a private showing and more information.

494 & 488 N Main St, Stanton

$348,000
3 Beds 6 Baths 26002158 MLS
Owner financing or lease option to qualified applicant Exceptional commercial building located in the heart of downtown Vanceburg, directly across from both courthouses and just one block from three banks and the city office building. High-visibility location ideal for business and income-producing opportunities. Property offers 10,000+ sq ft with ample parking and multiple-use potential. Main Level: Retail/restaurant/diner space, 2offices,2 half baths, meeting or private event area with kitchenette, and an additional half bath. Recent updates include new cafe windows. Upper Level: Three-bedroom, two-bath apartment featuring kitchen, den, utility room, and an outdoor terrace patio with fireplace and river view. Additional Upper-Level Space: Separate Second Street entrance to 2- three room office suites with 2 separate hallway bathrooms. Excellent opportunity for mixed-use, professional offices, restaurant, retail, or investment property. Lots of equipment goes with sale

89 Second St, Vanceburg

$360,000
7 Beds 5 Baths 26013214 MLS
This multi-family Triplex income property features three spacious Units. Two Units have 2 bedrooms / 1 bathroom . The third unit features 3 bedrooms/3 bathrooms. Two units are currently rented. One unit has just recently been vacated and is currently open for showings. Two units have had updates within the past two years with new HVAC systems and rear 8 x 10 decks. The roof was replaced 9 yrs ago a new blacktop parking lot for the Triplex tenants. A Survey and floor plans are available with Sellers Disclosure. Easy access to schools, professional offices, restaurants and the Bert T Combs Mt Parkway. Located 45 minutes from Lexington I-75 and minutes from the Red River Gorge. Conveniently located with steady rental demand. Whether you're expanding your portfolio or entering the multifamily space, this is a rare value-add opportunity with multiple revenue streams already in motion with current income. Please allow 48 hours to notify tenants in two of the units for a showing. Showings can be scheduled with proof of funds or a lender pre-approval letter from potential buyers.

119 Fifth Ave Unit ABC, Clay City

$469,000
7 Beds 5 Baths 26005492 MLS
100% Occupied! Excellent opportunity to acquire a fully leased four-unit investment property in one of Historic Downtown Frankfort's most desirable neighborhoods. This exceptionally maintained property leased all four apartments at market rents in just four days, demonstrating the strong demand for quality rental housing in this location. Owned by the same family for three generations, the building has benefited from numerous recent capital improvements, including a newer roof, professional exterior painting, updated electrical service, and new water heaters. This is a stable, turnkey investment with no known deferred maintenance. Current gross rental income is $4,810 per month ($57,720 annually). Owner pays approximately $500 per month for water, electric, sewer, and trash. Tenants pay their own natural gas heating. Unit Mix: 2 Bedroom / 2 Bath - $1,630/month (tenant also mows the lawn, performs landscaping, and takes trash to the curb) 2 Bedroom / 1 Bath - $1,230/month 2 Bedroom / 1 Bath - $1,200/month 1 Bedroom / 1 Bath - $750/month (long-term tenant of approximately 20 years) Properties of this quality and location rarely become available. With strong cash flow, historic character, off-street parking, and scenic Kentucky River views from every unit, 514 Wapping Street presents a compelling investment opportunity in the heart of Frankfort.

514 Wapping St, Frankfort

$229,500
6 Beds 6 Baths 26013646 MLS
Excellent investment opportunity with a strong ~9% cap rate at asking price! This unique 4-unit property offers incredible versatility-perfect as a pure cash-flowing asset or an ideal opportunity to live in one unit while renting out the other three. The property consists of four fully occupied units: a main multi-family building featuring one 2-bedroom unit and two 1-bedroom units, plus a detached, standalone 2-bedroom, 2-bathroom manufactured home. All units have been historically well-maintained, feature newer appliances, and have received numerous updates and improvements over the years. Currently rented at stable, conservative rates, this property offers an immediate return on investment with substantial upside potential to increase rents to market value. A formidable long term opportunity.

623 N 20th St, Middlesboro

$375,000
4 Beds 2 Baths 26013380 MLS
Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Rich in original character and thoughtfully renovated while preserving its historic charm, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Just steps from downtown dining, entertainment, and local attractions, this award-winning property combines timeless architecture with dependable income potential in one of Lexington's most sought-after locations. An additional opportunity awaits, as the neighboring sister duplex is also being offered for sale, presenting the potential to acquire a unique side-by-side portfolio in a highly desirable downtown location. Priced BELOW 2025 Appraisal.

148 E Fourth St, Lexington

$550,000
5 Beds 2 Baths 26012334 MLS
$25,000 Price Improvement on this Rare Downtown Property... Main home + 3 Apartments along with 2 lots totaling 1 ACRE !!! For the first time since its solid construction in 1948 this unique and pristinely well maintained property is being offered by an original family member! Nestled on a quiet street just a short walk from historic Fountain Square, this is a dream set up for both owner occupants or investors for either short term or long term rentals in this bustling tourism mecca. Sit on your spacious front porch and enjoy the mature landscaping and perennial gardens before stepping into the fully renovated main home. You will love the more than spacious rooms, walk in closets with more than ample storage. The real magic is the massive income potential: the property sits on an expansive ONE ACRE footprint comprised of 2 separately deeded lots! Included are 3 additional rental units bringing the property total to 6 bedrooms, 5 full bathrooms and 4 kitchens. Perfect for lucrative Airbnb portfolio right next to downtown festivals, farmers market, local restaurants, theater , government buildings and library. Complete with a 2-car detached garage with a bonus loft and all in close proximity to our beautiful Lake Cumberland, I-75 and the Cumberland Parkway. Opportunities like this in the heart of downtown are virtually unheard of. Don't miss out, schedule your tour today!

126 Crawford Ave, Somerset

$329,000
5 Beds 5 Baths 26015327 MLS
Great investment opportunity with this well-maintained quadplex at 125 Howard Avenue! Many of the major updates have already been completed, making this an excellent addition to your investment portfolio. The roof is approximately 3.5-4 years old, while the HVAC system and two water heaters are estimated to be 5-6 years old. The sewer and water lines were replaced about 2 years ago with PVC sewer lines and mostly copper water lines, along with some PEX. Nearly all of the windows have been replaced with vinyl windows, with only two original single-pane picture windows remaining in Unit 4. The property was also updated throughout with new flooring and fresh paint completed approximately 2 years ago. Three of the four units feature updated kitchen cabinets and countertops, and all units have newer vanities and toilets installed around the same time. The exterior steps and deck were also replaced approximately 2 years ago. Whether you're looking to expand your rental portfolio or purchase your first multi-family investment, this updated quadplex offers the opportunity to own an income-producing property with many of the big-ticket improvements already handled. **Professional photos coming soon**

125 Howard Avenue Mt, Mt Sterling

$725,000
14 Beds 10 Baths 26008865 MLS
Motivated Seller! Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants. Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and simplify management. The property also boasts a large attic space, providing valuable storage or potential for additional possible rental income with future development. Additional value could be added by converting Two-bedroom units into three-bedroom units by enclosing the dining room and adding a closet. Potential to increase rents through upgrades or reconfiguration. Major improvement already completed: New flooring in #4,5, 6 & 8 2026, New Paint in 4, 6 & 8 2026, Joist Replacement 2025, New carpet in hallway 2026, New Roof & removed dormers 2025 New Water Heaters #2, #10 2025, #9 2026, New Panel Box #4 2024, New Air Conditioners #4, #7 2024. Don't miss this investment opportunity.

1921 Oxford Cir, Lexington

$269,900
6 Beds 4 Baths 26001566 MLS
Fully occupied, turnkey duplex in Berea generating immediate cash flow with both 3BR/1.5BA units leased at $1,550/month, producing $3,100/month ($37,200 annually) in gross rental income. Property features stable annual leases, thoughtful interior updates, and energy-efficient improvements including updated HVAC systems, windows, and roofing. Utilities are currently included for both units, with total utility costs averaging approximately $500/month for the entire property. Annual property taxes are approximately $2,000, and insurance averages around $3,000/year. Walkable distance to Berea College, and conveniently located near I-75, local shops, restaurants, and outdoor recreation, this property offers a strong opportunity for investors seeking a stabilized, income-producing asset in a high-demand rental market.

118 Central Ave, Berea