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,

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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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