6249 N Dixie Hwy Elizabethtown, KY 42701
Estimated payment $2,192/month
Highlights
- Patio
- Bathroom on Main Level
- Combination Kitchen and Dining Room
- Living Room
- Central Air
- Ceiling Fan
About This Home
Incredible turn-key investment opportunity! This fully furnished two-unit short-term rental is newly remodeled, beautifully maintained, and already producing strong, reliable income. The main unit offers a stylish 3-bedroom, 1-bath layout with modern finishes and a guest-favorite outdoor fire pit, while the second unit features a charming studio apartment with a full bathroom, perfect for traveling professionals or weekend visitors. Both units are being sold completely furnished, allowing income to begin immediately. With an average monthly gross income of approximately $4,135, the property generated $4,361.87 in June, $4,680.70 in July, and $3,362.50 in August. That’s nearly $50,000 annually, producing a powerful 14.2% gross cap rate at the list price of $350,000. Investors will value the two diverse income streams, strong occupancy, and proven rental history. Situated directly on Dixie Highway, this property offers not only excellent accessibility but also long-term potential for future commercial use or redevelopment as the corridor continues to grow. With its remodeled interiors, furnished units, prime frontage, and exceptional income history, this is an opportunity that is hard to find. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Parking
- Private Parking
Home Design
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Bathroom on Main Level
- Ceiling Fan
- Living Room
- Combination Kitchen and Dining Room
- Crawl Space
Kitchen
- Oven or Range
- Microwave
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Utilities
- Central Air
- Heat Pump System
- Master Meter
- Electric Water Heater
Additional Features
- Patio
- 0.67 Acre Lot
Community Details
- 2 Units
- Gross Income $42,000
Listing and Financial Details
- Assessor Parcel Number 182-00-00-008
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 | $195,000 | $195,000 | $25,000 | $170,000 |
| 2024 | $1,137 | $118,900 | $21,700 | $97,200 |
| 2023 | $120 | $83,100 | $21,700 | $61,400 |
| 2022 | $441 | $83,100 | $21,700 | $61,400 |
| 2021 | $461 | $83,100 | $21,700 | $61,400 |
| 2020 | $479 | $83,100 | $21,700 | $61,400 |
| 2019 | $66 | $42,100 | $0 | $0 |
| 2018 | $469 | $43,800 | $0 | $0 |
| 2017 | $467 | $43,800 | $0 | $0 |
| 2016 | $69 | $44,500 | $0 | $0 |
| 2015 | $397 | $44,500 | $0 | $0 |
| 2012 | -- | $81,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $350,000 | +79.5% | -- | |
| 07/15/2024 07/15/24 | Sold | $195,000 | -15.2% | $203 / Sq Ft | View Prior Sale |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- | |
| 04/18/2024 04/18/24 | Price Changed | $230,000 | -8.0% | $240 / Sq Ft | |
| 03/07/2024 03/07/24 | For Sale | $250,000 | -- | $260 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $195,000 | None Listed On Document | |
| Deed | $195,000 | None Listed On Document | |
| Deed | $64,900 | None Available | |
| Deed | -- | None Available |
Source: Heart of Kentucky Association of REALTORS®
MLS Number: HK25004863
APN: 182-00-00-008
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