$245,000
$15K PRICE DROP

Estimated payment $1,560/month

Total Views 17,001
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This turnkey 5-unit property, located in the heart of Glasgow, Kentucky, is an ideal opportunity for investors seeking reliable cash flow. The property features three studio apartments and two 1 bed/1 bath units, each equipped with its own electric mini-split system for efficient heating and cooling. The roof was replaced around 2020, and the landlord currently pays all utilities. Recent updates include two upgraded mini-split systems, new flooring in four units, and updated kitchen appliances in all five. Situated in a prime location, tenants enjoy close proximity to Glasgow’s local amenities, including shopping, dining, and essential services, making this a highly desirable rental option. With its strong income potential and minimal upfront work needed, this property is a great addition to any investment portfolio.

Listing Agent

Connor Raymer

NextHome Realty Experts License #242785 Listed on: 04/25/2025

NextHome Realty Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 11,326 Sq Ft Lot

Parking

  • 4 Parking Spaces

Schools

  • South Green Elementary School
  • Glasgow Middle School
  • Glasgow High School

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number G1-44-4

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Gross Income $36,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.26 Acres

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Estimated Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Garage/Parking

  • Total Number Parking Spaces: 4

Utilities

  • Utilities: Separate Metered

Lot Info

  • Estimated Lot Size: 0.26
  • Deed Book Page: 418-730
  • Parcel Id Tax Id: G1-44-4

Multi Family

  • Total Number Units: 5
  • Total Number Units Occupied: 5

MLS Schools

  • Elementary School: South Green
  • Middle School: Glasgow
  • High School: Glasgow

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,746 $246,900 $20,000 $226,900
2024 $1,916 $170,000 $15,000 $155,000
2023 $1,931 $170,000 $15,000 $155,000
2022 $1,867 $162,500 $11,700 $150,800
2021 $1,932 $162,500 $11,700 $150,800
2020 $421 $36,000 $10,900 $25,100
2019 $418 $36,000 $10,900 $25,100
2018 $428 $36,000 $0 $0
2017 $421 $35,200 $10,100 $25,100
2016 $403 $35,200 $10,100 $25,100
2015 $403 $35,200 $10,100 $25,100
2014 -- $35,200 $10,100 $25,100
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 Prior Sale
06/18/2026 06/18/26 For Sale $245,000 0.0% --
11/04/2025 11/04/25 Off Market $245,000 -- --
08/04/2025 08/04/25 Price Changed $245,000 -5.7% --
04/25/2025 04/25/25 For Sale $259,900 +52.9% --
12/30/2022 12/30/22 Sold $170,000 -19.0% $300 / Sq Ft View Prior Sale
12/02/2022 12/02/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $210,000 +29.2% $370 / Sq Ft
03/12/2021 03/12/21 Sold $162,500 0.0% $287 / Sq Ft View Prior Sale
02/09/2021 02/09/21 Off Market $162,500 -- --
02/08/2021 02/08/21 Pending -- -- --
01/17/2021 01/17/21 Off Market $162,500 -- --
01/15/2021 01/15/21 For Sale $165,000 +1.5% $291 / Sq Ft
01/14/2021 01/14/21 Off Market $162,500 -- --
01/13/2021 01/13/21 For Sale $165,000 -- $291 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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 $170,000 Attorney Only
Grant Deed $162,500 Attorney Only
Deed $35,200 --
Source: Public Records

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

MLS Number: RA20252235

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

APN: G1-44-4

Your Personal Tour Guide

Ask me questions while you tour the home.