1401 Walter Reed Road, Hodgenville, KY 42748
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1401 Walter Reed Road,Hodgenville, KY 42748
$299,000
- 4 Beds
- 2 Baths
- 2,600 sq. ft.
- Single family
- Active
Listed by: the brantingham group team, hailey shelman
Office: keller williams heartland
MLS#:HK2600822
Source:KY_HKAR
Price summary
- Price:$299,000
- Price per sq. ft.:$115
About this home
Situated on approximately 7 scenic acres in Hodgenville, Kentucky, this unique income-producing property offers multiple structures and strong potential for investors seeking rental income, acreage, and future value-add opportunities. The primary residence is a 2,600 square foot ranch-style home featuring 4 bedrooms and 2 bathrooms. The home offers spacious living areas, a large remodeled kitchen, and a welcoming front porch overlooking the property. The home is currently tenant occupied with established rental income of $1,900 per month, providing immediate cash flow. Also located on the property is a 640 square foot studio apartment, complete with a full bathroom, kitchen, and open living space. This unit is currently rented for $975 per month plus $200 in pet rent, generating $1,175 per month in total rental income and adding another established revenue stream. In addition to the residential units, the property includes a 1,200 square foot commercial-style building that was previously used as a store. The structure features an open concept layout and a bathroom, offering a variety of potential uses including additional rental income, workspace, storage, or future conversion. The property also includes an RV parking area that could provide additional rental income, further expanding the property's potential for investors looking to maximize returns. With multiple structures, existing rental income, acreage, and additional income possibilities, this is a rare investment opportunity in the Hodgenville area. The property is being sold as-is and is best suited for investor buyers. Buyer and buyer’s agent to verify all information including square footage, rental income, zoning, and property details....
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Home facts
- Year built:2001
- Listing ID #:HK2600822
- Added:54 day(s) ago
- Updated:April 28, 2026 at 03:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Hardwood
- Bathrooms Description:Tub/Shower Combo
- Kitchen Description:Range Electric, Refrigerator
- Living area:2,600 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Furnace, Gas
Structure and exterior
- Roof:Shingles
- Year built:2001
- Building area:2,600 sq. ft.
- Lot area:7 Acres
- Construction Materials:Vinyl
- Exterior Features:Out Building
- Foundation Description:Pier/Pillar
Utilities
- Water:City
- Sewer:Septic
Finances and disclosures
- Price:$299,000
- Price per sq. ft.:$115
Features and amenities
- Amenities:Ceiling Fan(s)
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