725 E College St Georgetown, KY 40324
Downtown Georgetown NeighborhoodEstimated payment $6,346/month
Highlights
- Cooling Available
- Laundry Facilities
- Heating Available
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
| 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
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | -- | -- |
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.