3047 Simpson Rd Ashland, KY 41101
Normal NeighborhoodEstimated payment $1,683/month
Total Views
42,674
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Hot Property
- Electric Baseboard Heater
- Lot Has A Rolling Slope
About This Home
Excellent investment opportunity! This well-maintained 4-plex features four 2-bedroom, 1-bath apartments, each with its own laundry hookups for added convenience. Three of the four units have been updated within the last 2 year. Residents are responsible for their own utilities, keeping operating expenses low for the owner. Located in a convenient and accessible area, this property is close to shopping, schools, and work—making it highly desirable for renters. Whether you're expanding your portfolio or looking for a strong income-producing property, this 4-plex is a logical choice.
Property Details
Home Type
- Multi-Family
Lot Details
- Lot Has A Rolling Slope
Home Design
- Quadruplex
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- 2-Story Property
- Laundry in unit
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Separate Meters
Community Details
- 4 Units
Map
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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 |
|---|---|---|---|---|
| 2025 | $1,531 | $232,000 | $25,000 | $207,000 |
| 2024 | $1,550 | $232,000 | $25,000 | $207,000 |
| 2023 | $1,568 | $232,000 | $25,000 | $207,000 |
| 2022 | $1,202 | $168,000 | $25,000 | $143,000 |
| 2021 | $501 | $50,000 | $10,000 | $40,000 |
| 2020 | $357 | $50,000 | $6,000 | $44,000 |
| 2019 | $358 | $50,000 | $0 | $0 |
| 2018 | $362 | $50,000 | $0 | $0 |
| 2017 | $324 | $50,000 | $0 | $0 |
| 2016 | $301 | $50,000 | $6,000 | $44,000 |
| 2015 | $301 | $50,000 | $6,000 | $44,000 |
| 2012 | -- | $50,000 | $6,000 | $44,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2026 01/22/26 | Price Changed | $299,000 | -6.3% | -- | |
| 12/01/2025 12/01/25 | For Sale | $319,000 | +37.5% | -- | |
| 05/23/2022 05/23/22 | Sold | $232,000 | -- | $320 / Sq Ft | View Prior Sale |
| 03/19/2022 03/19/22 | Pending | -- | -- | -- |
Source: Ashland Area Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $232,000 | Edwards Klein Anderson & Shope | |
| Deed | $168,000 | None Listed On Document | |
| Deed | $168,000 | None Listed On Document | |
| Deed | $17,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $174,000 | New Conventional | |
| Previous Owner | $1,366,400 | Future Advance Clause Open End Mortgage |
Source: Public Records
About the Listing Agent
I was born and raised in the Ashland area. I went on to graduate from University of Kentucky (Go Big Blue) with a BBA degree in Finance and a minor in Marketing. After attending college I moved back to the Ashland area to raise my two sons, Alexander and Austin Christie. I am a realtor with Ross Real Estate Services, a real estate developer of condominiums in the Skytower, owner of Christie Cruise, Travel Masters, and Ben Williamson Industrial Supply. In my spare time I enjoy tennis,
Alison's Other Listings
Source: Ashland Area Board of REALTORS®
MLS Number: 59828
APN: 038-15-01-023.00
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