727 River Drive, Irvine, KY 40336
Local realty services provided by:ERA Select Real Estate



727 River Drive,Irvine, KY 40336
$339,900
- 8 Beds
- 5 Baths
- 5,040 sq. ft.
- Multi-family
- Active
Listed by:james woolery
Office:joyce marcum realty
MLS#:25013332
Source:KY_LBAR
Price summary
- Price:$339,900
- Price per sq. ft.:$67.44
About this home
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!
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Home facts
- Year built:1981
- Listing Id #:25013332
- Added:52 day(s) ago
- Updated:July 29, 2025 at 08:41 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:5,040 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Forced Air
Structure and exterior
- Year built:1981
- Building area:5,040 sq. ft.
- Lot area:0.25 Acres
Schools
- High school:Estill Co
- Middle school:Estill Co
- Elementary school:Estill Springs
Finances and disclosures
- Price:$339,900
- Price per sq. ft.:$67.44
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