$375,000
PENDING

102 E 2nd St Russellville, KY 42276

Estimated payment $2,074/month

Total Views 4,785
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Porch
  • Central Air
  • Coin Laundry

About This Home

This is a 9 unit apartment complex. Great cash flow income producing property! Marketed to sell fast to an investor. Owners added coin laundry, painted outside brick, replaced some HVAC systems, updated several of the units. Only thing needed is a new roof and seller offering $25,000 back at closing for new roof based on recent replacement quote. Offer FIRST, NO tire kickers so tenants are not disturbed. All utilities separated. Currently produces $4,295 monthly income, 100% occupied, tenants pay all utilities.

Listing Agent

Jason Humble

Keller Williams First Choice R License #216802 Listed on: 01/09/2025

Keller Williams First Choice R

Co-Listing Agent

Matthew Tabor

Keller Williams First Choice R License #214209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $252

Year Built

  • Built in 1875

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range

Parking

  • 12 Parking Spaces
  • Parking Lot

Schools

  • Stevenson Elementary School
  • Russellville Middle School
  • Russellville High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Porch
  • 0.3 Acre Lot

Community Details

  • 9 Units
  • Coin Laundry
  • Gross Income $49,800

Listing and Financial Details

  • The owner pays for lawn care/maintenance, maintenance, taxes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$252

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Estimated Year Built: 1875
  • Disability Access: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1875

Interior Features

  • Walls: Dry Wall
  • Has Basement: None
  • Laundry Area: Coin Operated

Exterior Features

  • Construction: Brick
  • Roofing: Shingles
  • ExteriorFeatures: Concrete Walks, Porch
  • Foundation: Crawl Space

Garage/Parking

  • Total Number Parking Spaces: 12
  • Parking: Parking Lot

Utilities

  • Water: City
  • Water Heater: Electric
  • Sewer: City
  • Utilities: Separate Metered

Fee Information

  • Fees: None

Lot Info

  • Estimated Lot Size: 0.3
  • Price Per Acre: 1250000

Rental Info

  • Owner Pays: Lawn Care/Maintenance, Maintenance, Taxes
  • Tenant Pays: Cable, Deposit, Electric, Garbage Removal, Gas, Sewer, Water

Multi Family

  • Total Number Units: 9
  • Total Number Units Occupied: 9
  • Type of Unit: Apartment Complex

MLS Schools

  • Elementary School: Stevenson
  • Middle School: Russellville
  • High School: Russellville

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $252 $20,000 $20,000 $0
2023 $0 $20,000 $20,000 $0
2022 $0 $12,500 $12,500 $0
2021 $164 $12,500 $12,500 $0
2020 $164 $12,500 $12,500 $0
2019 $164 $12,500 $12,500 $0
2018 $164 $12,500 $12,500 $0
2017 $162 $12,500 $12,500 $0
2016 $76 $6,000 $0 $0
2015 $72 $6,000 $6,000 $0
2012 $72 $6,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2025 03/22/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $375,000 +92.3% --
06/23/2023 06/23/23 Sold $195,000 -4.9% --
04/06/2023 04/06/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $205,000 -- --
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

Purchase History

Date Type Sale Price Title Company
Deed $400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Source: Public Records

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20250140

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 068-07-13-002-00