402 E Wayne St Glasgow, KY 42141
Estimated payment $2,001/month
About This Home
Make your real estate dreams come true with this exciting opportunity to own a versatile five-unit multifamily property in the heart of downtown Glasgow. Three of the units—two 1-bedroom and one 2-bedroom—are located in a beautifully preserved historic home, boasting soaring 10-foot ceilings, abundant natural light through brand-new windows, original hardwood floors, and brand-new kitchen appliances. The two remaining studio units offer open-concept living with ample space, and updated kitchens, making them highly desirable rental options. One studio unit is a 2-bedroom, and the other unit is a 1-bedroom. Located within walking distance to shops, dining, and local amenities, this property offers strong tenant appeal and long-term investment potential. Whether you're expanding your portfolio or looking for an owner-occupant opportunity with income-producing units, this downtown Glasgow property offers the perfect combination of character, location, and value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,972
Lot Details
- 0.45 Acre Lot
Home Design
Schools
- South Green Elementary School
- Glasgow Middle School
- Glasgow High School
Utilities
- Window Unit Cooling System
- Central Heating
- Master Meter
Listing and Financial Details
- Assessor Parcel Number G1-50-2
Community Details
Overview
- 3 Buildings
- 5 Units
Building Details
- Gross Income $54,900
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 |
|---|---|---|---|---|
| 2024 | $1,972 | $48,700 | $8,200 | $40,500 |
| 2023 | $1,144 | $100,700 | $8,200 | $92,500 |
| 2022 | $80 | $7,000 | $7,000 | $0 |
| 2021 | $83 | $7,000 | $7,000 | $0 |
| 2020 | $82 | $7,000 | $7,000 | $0 |
| 2019 | $81 | $7,000 | $7,000 | $0 |
| 2018 | $83 | $7,000 | $0 | $0 |
| 2017 | $84 | $7,000 | $7,000 | $0 |
| 2016 | $80 | $7,000 | $7,000 | $0 |
| 2015 | $80 | $7,000 | $7,000 | $0 |
| 2014 | $76 | $7,000 | $7,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Price Changed | $345,000 | -6.7% | -- |
| 05/02/2025 05/02/25 | For Sale | $369,900 | +322.7% | -- |
| 06/17/2023 06/17/23 | Sold | $87,500 | -0.6% | -- |
| 05/03/2023 05/03/23 | Pending | -- | -- | -- |
| 04/28/2023 04/28/23 | For Sale | $88,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | Attorney Only |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,475 | New Conventional |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20252397
APN: G1-50-2
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