$280,000
SOLD JUN 8, 2026

727 A River Dr Irvine, KY 40336

Irvine Area
8 Beds
4.5 Baths
5,040 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: June 8, 2026

$56 Per Sq Ft

18% Below List Price

111 Days on Market

About This Home

As of June 2026

Solid 4-Plex Investment - Concrete Construction, Great Location!
This 5,040 sq ft 2-story building features concrete block walls and concrete floors on both levels, ensuring quiet living and energy efficiency. It includes four large 2-bedroom, 1-bath units—one with an extra half bath. Each unit is all-electric with KY Utilities, Columbia Natural Gas, public water/sewer, and like-new HVAC systems. Roof is less than 5 years old. Concrete design + providers offering some of the lowest utility rates in the region help keep costs down. Prime location on KY HWY 52 with direct access and a dedicated turning lane—a major advantage for tenants and visitors alike. High visibility, easy entry, and steady traffic flow make this a standout multifamily investment. Currently rents for $2,500/month with a projected income of $3,200/month ($800/unit), offering strong returns on a $349,900 investment. Tenants enjoy 2 parking spots each plus guest parking. Located on KY HWY 52 for easy commutes, near Ravenna Choo Choo Park, restaurants, and stores. Just 30 minutes to I-75 and Richmond, KY with Walmart, Lowe's, Menards, and EKU. A smart, low-maintenance addition to your rental portfolio!

Last Agent to Sell the Property

James Woolery

Joyce Marcum Realty License #196828 Listed on: 01/17/2026

Co-Listed By

Ellen Woolery

Joyce Marcum Realty License #298727

Last Buyer's Agent

Annemarie Neisz

Heart of KY Real Estate License #268081

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 5,040 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 10 Parking Spaces
  • Paved Parking

Schools

  • Estill Springs Elementary School
  • Estill Co Middle School
  • Estill Co High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Air Source Heat Pump
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 071-40-10-1015.01

Community Details

Overview

  • 4 Units
  • Downtown Subdivision

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 1981
  • New Construction: No
  • Cooling:Cooling: Heat Pump
  • Structure Type:Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • LivingArea: 5040.0
  • Lot Size Area: 0.25
  • Total Stories: 2

Exterior Features

  • Roof: Composition
  • List Price: 329900.0
  • Roof:Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities:Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Schools

  • Elementary School: Estill Springs
  • High School: Estill Co
  • Middle or Junior School: Estill Co

Lot Info

  • Lot Dimensions: 80X160
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel Number: 071-40-10-1015.01
  • Zoning Description: Commercial

Multi Family

  • Number of Units Total: 4

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Irvine, KY

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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
06/08/2026 06/08/26 Sold $280,000 -15.1% $56 / Sq Ft
05/08/2026 05/08/26 Pending -- -- --
03/19/2026 03/19/26 Price Changed $329,900 -2.9% $65 / Sq Ft
01/17/2026 01/17/26 For Sale $339,900 +21.4% $67 / Sq Ft
12/31/2025 12/31/25 Off Market $280,000 -- --
07/29/2025 07/29/25 Price Changed $339,900 -2.9% $67 / Sq Ft
06/23/2025 06/23/25 For Sale $349,900 -- $69 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25013332

ImagineMLS (Bluegrass REALTORS®)
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