312 Chapel St Falmouth, KY 41040
Estimated payment $277/month
Highlights
- 3 Car Detached Garage
- Central Air
- Heating Available
- Fireplace
About This Home
Fixer-upper with serious potential! This 2-unit multifamily home features two separate 3 bedroom, 1 bathroom units and is ready for a full rehab after fire damage. Whether you're a seasoned investor or looking for your next big project, this one has the bones and the layout to become a cash-flowing asset. Each unit offers strong rental potential with separate entrances and spacious floor plans. And here's the bonus: a 3-car detached garage out back. Cash or rehab loan only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $174
Lot Details
- 0.31 Acre Lot
Parking
- 3 Car Detached Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 2-Story Property
- Fireplace
- Basement Fills Entire Space Under The House
- No Kitchen Appliances
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Schools
- Southern Elementary School
- Sharp Middle School
- Pendleton High School
Utilities
- Central Air
- Heating Available
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 051-10-17-015.00
Map
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 | $174 | $14,000 | $0 | $0 |
| 2024 | $176 | $14,000 | $0 | $0 |
| 2023 | $181 | $14,000 | $0 | $0 |
| 2022 | $657 | $50,000 | $0 | $0 |
| 2021 | $675 | $50,000 | $0 | $0 |
| 2020 | $682 | $50,000 | $0 | $0 |
| 2019 | $691 | $50,000 | $0 | $0 |
| 2018 | $685 | $50,000 | $0 | $0 |
| 2017 | $672 | $50,000 | $0 | $0 |
| 2016 | $855 | $65,000 | $19,000 | $46,000 |
| 2015 | $853 | $65,000 | $19,000 | $46,000 |
| 2013 | $607 | $65,000 | $0 | $0 |
| 2010 | $607 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $49,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $10,000 | Northwest Title | |
| Warranty Deed | $10,000 | Northwest Title | |
| Warranty Deed | $20,000 | -- |
Source: Northern Kentucky Multiple Listing Service
MLS Number: 637891
APN: 051-10-17-015.00
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 data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.
Listing information is deemed reliable, but not guaranteed.
Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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