623 & 625 Westport Rd Elizabethtown, KY 42701
Estimated payment $16,901/month
Highlights
- 1 Acre Lot
- Bathroom on Main Level
- Central Air
- Entry thresholds less than 1/2 inches
- Outdoor Storage
- Ceiling Fan
About This Home
ATTENTION INVESTORS!!! This rare and exciting multi-unit opportunity will drastically change your investment portfolio! 20 apartment units housed in two all brick buildings with metal roofs are now available FOR SALE in desirable Elizabethtown, Kentucky City Limits! 12 two bedroom units have their own washer and dryer hook ups and central heating/cooling. The remaining 8 one bedroom units have individualized heating/cooling units. All apartment units have been updated within the last 10 years. All but 5 units have had more recent updates. The property provides convenient parking in front of each building with optional carport parking available and small storage units on site available for $15 per month. This property includes two apartment buildings and 2 storage buildings with attached carports. All four buildings have been meticulously maintained for the provision of the tenants and the retention of property value for the new owner's benefit. This solid, consistent income makes this a wise investment for projected long term revenue. This property holds a running demand of applicants. We look forward to working together to expand your investment portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,609
Year Built
- Built in 1983
Lot Details
- 1 Acre Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Bathroom on Main Level
- Ceiling Fan
- Vinyl Clad Windows
- Insulated Doors
- Carpet
- Crawl Space
Kitchen
- Oven or Range
- Dishwasher
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- 20 Parking Spaces
- Carport
- Driveway Level
- Parking Lot
Accessible Home Design
- Entry thresholds less than 1/2 inches
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Utilities
- Central Air
- Window Unit Cooling System
- Heat Pump System
- Separate Meters
- Electric Water Heater
Listing and Financial Details
- The owner pays for garbage removal, lawn care/maintenance
- Assessor Parcel Number 202-20-03-026
Community Details
Overview
- 4 Buildings
- 20 Units
- Wise Lan Subdivision
Pet Policy
- Pet Restriction
Building Details
- Gross Income $169,320
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 | $3,609 | $350,000 | $35,000 | $315,000 |
| 2023 | $3,609 | $350,000 | $35,000 | $315,000 |
| 2022 | $4,109 | $350,000 | $35,000 | $315,000 |
| 2021 | $3,670 | $350,000 | $35,000 | $315,000 |
| 2020 | $3,560 | $337,500 | $35,000 | $302,500 |
| 2019 | $0 | $337,500 | $0 | $0 |
| 2018 | $3,467 | $337,500 | $0 | $0 |
| 2017 | $3,447 | $337,500 | $0 | $0 |
| 2016 | $0 | $337,500 | $0 | $0 |
| 2015 | $2,948 | $337,500 | $0 | $0 |
| 2012 | -- | $337,500 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $3,000,000 | -- | $395 / Sq Ft |
Source: Heart of Kentucky Association of REALTORS®
MLS Number: HK25002163
APN: 202-20-03-026
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