$645,000
SOLD JUL 30, 2025

217 S Main St Cynthiana, KY 41031

14 Beds
11.5 Baths
10,600 Sq Ft
0.83 Acres

Recently Sold

$61 Per Sq Ft

19% Below List Price

4 Days on Market

Highlights

  • 0.83 Acre Lot
  • Cooling Available
  • Forced Air Heating System

About This Home

As of July 2025

Incredible opportunity to own an updated 11 unit apartment building with the potential of two more units or 2500 sq feet of retail space. the apartments are in high demand and all units are 100% rented. 8 one bedroom one bath and 3 two bedroom one bath units with recent updates. All lights have been converted to LED.
Electric and plumbing totally renovated 2002. Exterior painted 2019. New roof installed 2023. Total renovation of 1st floor in 2023. 4 HVAC units installed 2023 and one in 2024. Upstairs apartments renovated in 2022-23. Upstairs units are electric wall heat and window AC. There are 28 private parking spots along with 2 handicap spaces. There is also a city park alongside the building.

Apartment building has three address 217,219, 221 S Main st. Property is in flood plain and currently paying $525 monthly.

Last Agent to Sell the Property

Paul Waddelow

Hand in Hand Realty Central KY License #219565 Listed on: 06/20/2025

Last Buyer's Agent

Bennett Clark

RE/MAX Creative Realty License #213085

RE/MAX Creative Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1841

Lot Details

  • 0.83 Acre Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 10,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms

Parking

  • Parking Available
  • On-Site Parking

Schools

  • Harrison Co Elementary And Middle School
  • Not Applicable Middle School
  • Harrison Co High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 103-1016-008-00-000

Community Details

Overview

  • 11 Units
  • Downtown Subdivision

Building Details

  • 1 Vacant Unit
  • Insurance Expense $525
  • Gross Income $10,025
  • Net Operating Income $7,555

Property Details

Home Type

Apartment

Year Built

Built in 1841

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Apartments
  • Year Built: 1841
  • New Construction: No
  • Location Tax Legal Info:Elementary School: Harrison Co
  • Location Tax Legal Info:Middle or Junior School: Harrison Co
  • Location Tax Legal Info:High School: Harrison Co
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2025-02-22
  • General Property Description:Lot Size Acres: 0.83
  • Utilities:Electricity2: Electricity Connected
  • Utilities Sewer: Sewer Connected
  • Water: Water Connected
  • Utilities:Natural Gas3: Natural Gas Connected
  • Cooling:Electric2: Yes
  • General Property Description:Approximate Living Area: 10600.0
  • General Property Description:Half Baths: 1
  • Terms Sale: Yes
  • General Property Description:Number of Buildings: One
  • General Property Description:Number of Stories: Two
  • Unit Info:_pound_ of Units: 11
  • Roof:Shingle2: Yes
  • Unit Info:_pound_ of Vacant Units: 1
  • Structure Type:Apartments: Yes
  • Financial Info:Property Insurance2: 525
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 12
  • Total Bedrooms: 14
  • Lot Size Area: 0.83

Exterior Features

  • Roof: Shingle
  • List Price: 749900.0

Garage/Parking

  • Parking Features: On Site
  • Parking On Site: Yes
  • Parking 21 - 35 Spaces: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Harrison Co
  • High School: Harrison Co
  • Middle or Junior School: Harrison Co

Lot Info

  • Lot Size Acres: 0.83
  • Lot Size Sq Ft: 36155.0
  • Parcel Number: 103-1016-008-00-000
  • Zoning Description: commercial

Multi Family

  • Number of Units Total: 11

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $645,000 -14.0% $61 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $749,900 -6.3% $71 / Sq Ft
06/20/2025 06/20/25 For Sale $799,900 0.0% $75 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $799,900 -12.1% $75 / Sq Ft
03/29/2025 03/29/25 Price Changed $910,000 -8.1% $86 / Sq Ft
02/23/2025 02/23/25 For Sale $990,000 -- $93 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Waddelow

    Seller's Agent in 2025

    Paul Waddelow

    Hand in Hand Realty Central KY

    (859) 588-0835

    3 in this area

    32 Total Sales

    Section Image
  • Bennett Clark

    Buyer's Agent in 2025

    Bennett Clark

    RE/MAX

    (859) 333-0570

    1 in this area

    33 Total Sales

    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25003205

ImagineMLS (Bluegrass REALTORS®)

Kentucky Harrison County Cynthiana 41031

217 S Main St, Cynthiana, KY

This home is located at 217 S Main St, Cynthiana, KY 41031 and is currently priced at $645,000, approximately $60 per square foot. This property was built in 1841. 217 S Main St is a home located in Harrison County with nearby schools including Harrison County High School and St. Edward School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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