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$ 150,000
7 Beds
7 Baths
5,440 SqFt
$ 150,000
7 Beds
7 Baths
5,440 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $27
MLS Listing ID 26022102
Bedrooms 7
Full Baths 7
Year Built 1810
Lot Size 10,645 Sqft
Acres 0.24
Property Sub-Type Quadruplex
Property Description
Great investment opportunity with strong rental history! Located in the heart of downtown at 702 S Clay St, this 6-unit apartment building offers consistent income and high tenant demand within a convenient walking area. Parking in rear for 2 cars and on street. Originally built in 1810, the property has seen numerous key updates, including a new roof and decking in 2022, updated windows in 2016, and an upstairs electrical subpanel added in 2025. Additional improvements include a 52-gallon water heater (approx. 2021) and a new 40-gallon water heater (2025). All sewer lines are equipped with cleanouts for easy maintenance. Units are typically fully occupied, with vacancies only occurring during turnover and repairs. Each unit is equipped with gas heaters, window A/C units, gas stoves, and refrigerators. A solid addition to any investor's portfolio! Owner owns 700 E. 7th St. for a package deal to be sold with 702 S Clay St. for $325,000.
Location
State KY
County Christian
Interior
Heating Natural Gas
Cooling Wall Unit(s)
Exterior
View Y/N N
Handicap Access No
Private Pool No
Schools
Elementary Schools Freedom
Middle Schools Christian Co
High Schools Christian Co
Listed by Advantage, Realtors
Nearby School & Business