Aaron Pennington
PENNINGTON PROPERTIES
(270) 872-0478
118 Total Sales
1 in Horse Cave
$5,300,000 Price
1012 E Main St Horse Cave, KY 42749
Horse Cave Area
--
Bed
--
Bath
--
Sq Ft
1.88
Acre Lot
Highlights
- 1.88 Acre Lot
- Porch
- Ceiling Fan
- Deck
- Central Heating and Cooling System
- Replacement Windows
About This Home
As of July 2026Income-producing multi-family investment opportunity located at Horse Cave. Situated on approximately 1.888 acres, this property includes two duplexes, one triplex, and six camper spots, creating multiple streams of rental income. The property offers 7 total residential units, each equipped with separate meters and individual HVAC systems, helping simplify management and control utility costs. While the property could benefit from updates, it is currently generating income, making it an excellent value-add investment with the potential to increase rents and overall return. The large lot also provides flexibility for the continued use of camper spaces or future improvements. Conveniently located just minutes from I-65, the property offers easy access for commuters and travelers. The area benefits from steady tourism and traffic due to its proximity to Mammoth Cave National Park and Hidden River Cave, supporting strong long-term rental and short-term demand. A solid opportunity for investors seeking immediate cash flow with room to add value in a growing South-Central Kentucky market. * Professional photos coming soon! *
Last Agent to Sell the Property
Legacy Property Group License #288234 Listed on: 03/11/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 1.88 Acre Lot
- Property fronts a highway
Home Design
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- Ceiling Fan
- Replacement Windows
- Insulated Doors
- Crawl Space
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- 15 Parking Spaces
- Driveway Level
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Schools
- Caverna Elementary And Middle School
- Caverna High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electric, garbage removal, water
- The owner pays for lawn care/maintenance
- Assessor Parcel Number 406-00-01-015.00
Community Details
Overview
- 3 Buildings
- 7 Units
Building Details
- Gross Income $46,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 1996
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Horse Cave, KY
-
Aaron Pennington
-
Steven Arndell
Steven Arndell
Keller Williams First Choice R
(364) 888-4854
190 Total Sales
2 in Horse Cave
$193K - $267K Price Range
-
Jayme Burden
Jayme Burden
United Real Estate Louisville - Elizabethtown
(270) 600-6807
168 Total Sales
1 in Horse Cave
$189,000 Price
-
Mayes Thompson
Mayes Thompson
Mayes Thompson Realty & Auction
(270) 637-7305
126 Total Sales
2 in Horse Cave
$219K - $280K Price Range
-
Jamie Ash
Jamie Ash
Legacy Property Group
(270) 258-1183
81 Total Sales
12 in Horse Cave
$50K - $193K Price Range
-
Vickie Grimes
Vickie Grimes
Real Estate Kentucky, Inc.
(270) 506-0636
108 Total Sales
1 in Horse Cave
$185,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $60,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2026 07/15/26 | Sold | $400,000 | -13.0% | -- |
| 05/12/2026 05/12/26 | Pending | -- | -- | -- |
| 03/11/2026 03/11/26 | For Sale | $460,000 | -- | -- |
Source: South Central Kentucky Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,143 | $280,000 | $0 | $0 |
| 2024 | $2,952 | $260,000 | $0 | $0 |
| 2023 | $3,051 | $260,000 | $0 | $0 |
| 2022 | $3,181 | $260,000 | $0 | $0 |
| 2021 | $3,202 | $260,000 | $0 | $0 |
| 2020 | $2,965 | $240,000 | $0 | $0 |
| 2019 | $2,917 | $286,000 | $0 | $0 |
| 2018 | $2,910 | $240,000 | $0 | $0 |
| 2017 | $2,848 | $240,000 | $0 | $0 |
| 2016 | $2,742 | $286,000 | $0 | $0 |
| 2015 | $2,849 | $286,000 | $0 | $0 |
| 2014 | -- | $92,000 | $20,000 | $72,000 |
| 2012 | -- | $286,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alivia Clark
A
Seller's Agent in 2026
Alivia Clark
Legacy Property Group
(270) 537-4553
16 Total Sales
-
Lindsey Tester
L
Buyer's Agent in 2026
Lindsey Tester
Keller Williams First Choice Realty
(270) 670-9080
3 Total Sales
Map
Source: South Central Kentucky Association of REALTORS®
MLS Number: SC47843
APN: 406-00-01-015.00
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