$845,000
$845,000
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2 Beds
6 Baths
6,196 SqFt
SOLD DATE : 01/20/2026
Key Details
Sold Price $845,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,196 sqft
Price per Sqft $136
Subdivision Town N Country
MLS Listing ID 1707392
Style Other
Bedrooms 2
Year Built 2000
Lot Size 0.410 Acres
Property Sub-Type Apartment
Property Description
An investor purchased this six-unit property in Shelbyville's long-established Town & Country subdivision with the intention of bringing a higher standard of rental housing to the area—and in summer 2025, that vision was fully realized. Known today as the Seminole Six, this property is 100% leased, professionally managed, and positioned for a strong return with zero deferred maintenance. The building consists of four 2-bedroom, 1.5-bath townhome-style units, along with two end units offering 2-bedroom, 1-bath single-level living, which is highly desirable for accessibility-focused tenants. Over $150,000 in capital improvements were completed, including a new roof, all new windows and gutters, three HVAC replacements, and a full interior remodel of Unit 4 with custom cabinetry, upgraded tile, trim, and plumbing. The exterior features a newly constructed, fenced trash enclosure, enhanced front porches with cedar ceilings, greenery, and matching furniture, and brand-new rear patiosproviding functional outdoor living that tenants appreciate. With current gross monthly rent at $5,785 and professional systems already in place, this is an ideal candidate for a 1031 exchange or any investor seeking stabilized income, modern construction, and long-term upside in one of Shelbyville's most recognizable neighborhoods.
Location
State KY
County Shelby
Interior
Heating Electric, Forced Air
Cooling Central Air
Exterior
View Y/N No
Roof Type Shingle
Building
Lot Description Sidewalk
Sewer Private Sewer
Structure Type Vinyl Siding,Brick
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