R
Seller's Agent in 2025
Rocio Gonzalez
Freeman Brothers Realty LLC
(606) 404-2155
44 Total Sales
229 Sowder Ln London, KY 40741
Estimated Value: $201,199 - $292,000
14
Beds
10
Baths
910
Sq Ft
$272/Sq Ft
Est. Value
About This Home
As of April 2025Investor's Dream! This unique portfolio offers an incredible opportunity to own 10 doors in one transaction, featuring 2 single-family homes (each with 3 bedrooms and 1 bathroom) and 2 quadplexes with a total of 8 studio units. All four buildings are conveniently located on the same street, making them easy to manage and maintain.
#229, #231 and #235 Sowder ln.
Located just 5 minutes from downtown London, KY, and 1 minute from I-75, this portfolio offers easy access to local amenities, employment hubs, and transportation routes. All tenants are on month-to-month leases and have been long-term residents, providing a stable tenant base. Current rents are significantly below market (at least 30%), offering an excellent opportunity to reposition and add value.
The buildings are in need of updates and improvements, making this a prime opportunity for investors ready to unlock the full potential of this portfolio.
Broker owner
Last Agent to Sell the Property
Freeman Brothers Realty LLC License #284430 Listed on: 01/19/2025
Property Details
Home Type
- Multi-Family
Lot Details
- 1.31
Home Design
- Quadruplex
Bedrooms and Bathrooms
- 14 Bedrooms
- 10 Full Bathrooms
Additional Features
- 1-Story Property
- 1.31 Acre Lot
Community Details
- 4 Buildings
- 4 Units
- City Limits Subdivision
Listing and Financial Details
- Assessor Parcel Number 050-30-00-008.00
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
Listed on
Jan 19, 2025
Closed on
Mar 31, 2025
Sold by
Bought by
Seller's Agent
Rocio Gonzalez
Freeman Brothers Realty LLC
Buyer's Agent
Austin Polley
Distinctive Living
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,668
Avg. Annual Appreciation
-24.14%
Original Mortgage
$257,000
Interest Rate
0.0676%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 19, 2025
Closed on
Feb 27, 2025
Sold by
Bought by
Seller's Agent
Rocio Gonzalez
Freeman Brothers Realty LLC
Buyer's Agent
Austin Polley
Distinctive Living
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
0.0676%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 12, 2024
Sold by
Bought by
Purchase Details
Closed on
Jul 29, 2022
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $230,000 | None Listed On Document | ||
| $140,000 | None Listed On Document | ||
| $140,000 | None Listed On Document | ||
| $10,000 | None Listed On Document |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $257,000 |
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 |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $350,000 | -12.3% | $385 / Sq Ft |
| 02/15/2025 02/15/25 | Pending | -- | -- | -- |
| 01/19/2025 01/19/25 | For Sale | $399,000 | -- | $438 / Sq Ft |
Source: ImagineMLS (Bluegrass 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 | $1,089 | $140,000 | $25,000 | $115,000 |
| 2024 | $170 | $22,000 | $0 | $0 |
| 2023 | $174 | $22,000 | $0 | $0 |
| 2022 | $175 | $22,000 | $0 | $0 |
| 2021 | $182 | $22,000 | $0 | $0 |
| 2020 | $182 | $22,000 | $0 | $0 |
| 2019 | $183 | $22,000 | $0 | $0 |
| 2018 | $183 | $22,000 | $0 | $0 |
| 2017 | $183 | $22,000 | $0 | $0 |
| 2015 | $182 | $22,000 | $5,000 | $17,000 |
| 2012 | $176 | $22,000 | $5,000 | $17,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rocio Gonzalez
-
Austin Polley
Buyer's Agent in 2025
Austin Polley
Distinctive Living
(859) 338-2351
134 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25000905
APN: 050-30-00-008.00
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.
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 2026 LBAR Multiple Listing Service. All Rights Reserved.
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