725 E College St Georgetown, KY 40324
Downtown Georgetown NeighborhoodEstimated payment $5,795/month
About This Home
Excellent opportunity to add a cash-flowing multi-family property to your portfolio! This 10-unit apartment complex features ten 2-bedroom, 1-bath units, making it an ideal rental property with strong demand for smaller, affordable units. Each unit offers a functional layout with a living area, kitchen, bedroom, and full bath, maximizing usability and rental potential. The building's layout provides individual unit access with exterior entry, making maintenance and tenant access convenient. Situated on a corner lot with nearby street parking and easy access to surrounding neighborhoods, this property is well-positioned for continued rental demand. Whether you are a seasoned investor looking to expand your portfolio or a buyer seeking a multi-unit property with value-add potential, this 10-unit complex offers excellent income potential and long-term upside.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 10,454 Sq Ft Lot
Home Design
- Shingle Roof
Interior Spaces
- 6,273 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 20 Bedrooms
- 10 Full Bathrooms
Schools
- Scott Co High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 167-20-241.000
Community Details
Overview
- 10 Units
- Apple Creek Subdivision
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,342 | $712,000 | $0 | $0 |
| 2024 | $5,014 | $557,500 | $0 | $0 |
| 2023 | $5,055 | $557,500 | $35,000 | $522,500 |
| 2022 | $2,617 | $307,800 | $35,000 | $272,800 |
| 2021 | $2,186 | $232,100 | $35,000 | $197,100 |
| 2020 | $1,813 | $211,000 | $35,000 | $176,000 |
| 2019 | $1,842 | $211,000 | $0 | $0 |
| 2018 | $1,831 | $211,000 | $0 | $0 |
| 2017 | $1,840 | $211,000 | $0 | $0 |
| 2016 | $1,699 | $211,000 | $0 | $0 |
| 2015 | $1,688 | $211,000 | $0 | $0 |
| 2014 | $1,749 | $211,000 | $0 | $0 |
| 2011 | $144 | $233,036 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2026 06/11/26 | Price Changed | $949,900 | -11.6% | $151 / Sq Ft | |
| 03/17/2026 03/17/26 | For Sale | $1,075,000 | +186.7% | $171 / Sq Ft | |
| 09/09/2022 09/09/22 | Sold | $375,000 | -7.4% | -- | View Prior Sale |
| 07/11/2022 07/11/22 | Pending | -- | -- | -- | |
| 06/30/2022 06/30/22 | Price Changed | $405,000 | -4.7% | -- | |
| 06/22/2022 06/22/22 | Price Changed | $424,900 | -5.6% | -- | |
| 06/17/2022 06/17/22 | For Sale | $449,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | -- | |
| Deed | -- | None Available | |
| Deed | $211,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,170 | Construction | |
| Closed | $92,962 | Construction | |
| Open | $658,750 | Construction | |
| Previous Owner | $200,000 | Commercial |
About the Listing Agent
Top 1% agent in Kentucky Ohio Valley Region. #1 agent Keller Williams Commonwealth. Top 60 out of 3,800 agents in Central Kentucky. Ashley is an award winning Top Producing agent selling over $65,000,000 and helping over 225 families make their dreams a reality. Ashley is a master communicator, tough negotiator, and client care is unmatched. She's the best realtor in Richmond, Lexington and all of Central and Eastern Kentucky.
Ashley's Other Listings
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26005232
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Ask me questions while you tour the home.