101 S Burns Ave Unit 1,2,3,4 Winchester, KY 40391
Estimated payment $4,003/month
Highlights
- 6,098 Acre Lot
- Forced Air Heating and Cooling System
- 4-minute walk to Heritage Park
About This Home
Step into a rare investment opportunity in the heart of downtown Winchester! This beautifully renovated 4-plex offers charm, space, and convenience — all within a fully restored historic building. Each of the four spacious units boasts approximately 1,296 sq ft, blending timeless character with modern updates. The entire property has been thoughtfully renovated in 2021, including a brand-new roof, updated interiors, and a clean, professional aesthetic ideal for long-term tenants with all the appliances included. Additional features include: Prime downtown location — walkable to shops, dining, and local attractions, 4 parking spots ( 1 for each unit), as well as, off street parking available. Strong rental potential in a growing market Zoned and ready for investment use
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,350
Year Built
- Built in 1912
Lot Details
- 6,098 Acre Lot
Home Design
- Quadruplex
- Rubber Roof
Interior Spaces
- 5,046 Sq Ft Home
- 2-Story Property
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Parking
- 4 Parking Spaces
- Paved Parking
- Off-Site Parking
Schools
- Shearer Elementary School
- Robert Campbell Middle School
- Grc High School
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 054-1039-001-00
Community Details
Overview
- 4 Units
- Burns Addition Subdivision
Building Details
- 1 Vacant Unit
- Maintenance Expense $2,900
- Professional Management Expense $6,759
- Gross Income $52,018
- Net Operating Income $41,171
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,350 | $535,000 | $30,000 | $505,000 |
| 2023 | $5,238 | $535,000 | $0 | $0 |
| 2022 | $5,270 | $535,000 | $0 | $0 |
| 2021 | $2,603 | $265,000 | $0 | $0 |
| 2020 | $1,191 | $121,000 | $0 | $0 |
| 2019 | $1,146 | $115,900 | $0 | $0 |
| 2018 | $1,133 | $115,900 | $0 | $0 |
| 2017 | $1,137 | $115,900 | $0 | $0 |
| 2016 | $169 | $115,900 | $0 | $0 |
| 2015 | $1,114 | $115,900 | $0 | $0 |
| 2013 | -- | $115,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $675,000 | -- | $134 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $535,000 | -- | |
| Grant Deed | $121,000 | -- | |
| Deed | $100,000 | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25505825
APN: 054-1039-00100
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