$240,000

51 Shields Ln London, KY 40744

Estimated payment $1,397/month

Total Views 940
6 Beds
4 Baths
4,516 Sq Ft
$53 Price per Sq Ft

About This Home

🏢 Investment Opportunity - 4-Unit Apartment Building in Rural Laurel County, KYDiscover a solid investment in the heart of rural Laurel County! This multi-family apartment building features 4 income-generating units—two 2-bedroom units and two comfortable 1-bedroom units.Located just minutes from local stores, restaurants, and the popular Levi Jackson Wilderness Road Park, this property offers the perfect blend of convenience and rural charm. With high rental demand in the area and strong growth potential, this is a prime opportunity to expand your real estate portfolio.Property Highlights:4 total units (2× 2BR / 2× 1BR)Quiet, rural setting close to town amenitiesExcellent location near Levi Jackson ParkStrong rental income potentialGreat for long-term investment or owner-occupancy with rental incomeWhether you're a seasoned investor or just getting started, this property offers immediate cash flow and long-term value. Don't miss out on this rare opportunity in Laurel County!Buyer to verify all aspects of property and school systems.

Last Listed By

Joy Hall

New Beginnings Real Estate LLC License #276485 Listed on: 06/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1974

Parking

  • Parking Available

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 4,516 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Bush Elementary School
  • North Laurel Middle School
  • Not Applicable Middle School
  • North Laurel High School

Additional Features

  • 0.7 Acre Lot
  • Heating Available

Community Details

  • 4 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064-30-00-012.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$655

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Quadruplex, Apartments
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Lot Size Area: 0.7

Exterior Features

  • Roof: Shingle
  • List Price: 240000.0

Utilities

  • Heating: Electric
  • Heating: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Bush
  • High School: North Laurel
  • Middle or Junior School: North Laurel

Lot Info

  • Lot Size Acres: 0.7
  • Lot Size Sq Ft: 30492.0
  • Parcel Number: 064-30-00-012.01
  • Zoning Description: Rural

Multi Family

  • Number of Units Total: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $655 $85,000 $0 $0
2023 $672 $85,000 $0 $0
2022 $677 $85,000 $0 $0
2021 $701 $85,000 $0 $0
2020 $995 $120,000 $0 $0
2019 $1,000 $120,000 $0 $0
2018 $998 $120,000 $0 $0
2017 $998 $120,000 $0 $0
2015 $995 $273,700 $59,300 $214,400
2012 $962 $120,000 $10,000 $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Sale $240,000 -- $53 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 None Available
Warranty Deed $53,000 None Available
Source: Public Records

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25012099

ImagineMLS (Bluegrass REALTORS®)

APN: 064-30-00-012.01

Kentucky Laurel County London 40744

51 Shields Ln, London, KY

This home is located at 51 Shields Ln, London, KY 40744 and is currently priced at $240,000, approximately $53 per square foot. This property was built in 1974. 51 Shields Ln is a home located in Laurel County with nearby schools including London Christian Academy.

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.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

Nearby Homes
Joy Hall
Listing Agent
Joy Hall
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New Beginnings Real Estate LLC
(606) 603-2360