427 7th St Lewisburg, KY 42256
Estimated payment $4,462/month
Highlights
- Mature Trees
- Thermal Windows
- Central Heating and Cooling System
- Logan County High School Rated 9+
- Resident Manager or Management On Site
- Ceiling Fan
About This Home
Turn-Key Investment Opportunity – 10 Units in Lewisburg, KY Looking for a solid investment with great returns? This 10-unit property in Lewisburg is fully leased and ready to go! Each unit offers: 2 Bedrooms, 1 Bathroom 840 +/- sq ft of living space Washer & Dryer hookups Roofs and HVAC systems replaced within the last 6 years City sewer and water Sitting on a spacious lot with additional land available to build more units, this property offers long-term upside along with immediate cash flow. Proven ROI with a 10% return – contact the listing agent for full financials. Ditch the stock market rollercoaster and put your money into something tangible—invest in real estate today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,994
Year Built
- Built in 2000
Lot Details
- 2.25 Acre Lot
- Mature Trees
Home Design
- Dimensional Roof
- Vinyl Construction Material
Interior Spaces
- Ceiling Fan
- Thermal Windows
- Crawl Space
- Laundry in unit
Parking
- Private Parking
- On-Street Parking
Schools
- Lewisburg Elementary And Middle School
- Logan County High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Electric Water Heater
Listing and Financial Details
- The owner pays for maintenance, taxes
- Assessor Parcel Number 034-01-26-002-00
Community Details
Overview
- 5 Buildings
- 10 Units
Additional Features
- Gross Income $91,753
- Resident Manager or Management On Site
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 | $3,994 | $450,000 | $186,000 | $264,000 |
| 2023 | $4,102 | $450,000 | $186,000 | $264,000 |
| 2022 | $4,057 | $450,000 | $186,000 | $264,000 |
| 2021 | $4,070 | $450,000 | $186,000 | $264,000 |
| 2020 | $4,133 | $450,000 | $186,000 | $264,000 |
| 2019 | $2,290 | $250,000 | $186,000 | $64,000 |
| 2018 | $2,267 | $250,000 | $186,000 | $64,000 |
| 2017 | $2,234 | $250,000 | $186,000 | $64,000 |
| 2016 | $2,211 | $250,000 | $0 | $0 |
| 2015 | $2,017 | $250,000 | $186,000 | $64,000 |
| 2012 | $2,017 | $250,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Price Changed | $775,000 | -3.1% | -- |
| 04/21/2025 04/21/25 | For Sale | $799,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $450,000 | Clark Title Company Llc | |
| Deed | $250,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $195,000 | Unknown |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20252151
APN: 034-01-26-002-00
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