Florence, KY Apartment buildings for sale

Updated: Oct 31, 2025

Florence Multifamily Investment Opportunity

7402 Shenandoah Drive, Florence, KY 41042

$1,000,000

7,928 sqft 1.35 AC lot

Eight townhome units provide a significant investment opportunity.
Solid rental history with potential to increase rents to market rates.
Mix of 1‑4 bedroom units offers diverse tenant appeal.
Each unit includes private patios and washer/dryer hookups.
Tenants pay all utilities, reducing landlord expenses.

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7402 Shenandoah Drive, Florence, KY 41042

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$59K
Annual
Price @ 7% Cap

$839K
Suggested
Property Type

Apartments (Generic)
Built 1970

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Florence, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Retail with Residential Units

1101 Isabella St, Newport, KY 41071

$599,000

3,930 sqft

Historic corner property combining a rented storefront and multiple apartments for steady, mixed-use income.

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Value-Add Multifamily Investment Opportunity

1610 Queen City Avenue, Cincinnati, OH 45214

$575,000

Multifamily property with income and value-add potential near downtown.

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Multifamily Investment Opportunity in Cincinnati

1226 Rutledge Ave, Cincinnati, OH 45205

$1,175,000

10,254 sqft

Well-maintained 13-unit property in West Price Hill neighborhood.

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Move-In Ready Condo with Upgrades

2502 Elyria Court, Crescent Springs, KY 41017

$237,000

Upgraded condo with modern amenities in a convenient location.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Off-Market Properties in Florence, KY

Consider similar Off-Market properties in Florence, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

58 Sanders Dr, Florence, KY 41042-2856

Value Estimation by Request

3,360 sqft 0.27 AC lot

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APARTMENT HOUSE (5+ UNITS)

3910 Wynnbrook Dr, Florence, KY 41042-3074

Value Estimation by Request

8.34 AC lot

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Florence, KY Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Florence, KY on our real estate platform. These investment opportunities span a total of 7,928 square feet of properties for sale, with an estimated market value of $1,000,000.

Sale prices for two-family homes in Florence, KY start at $1,000,000, averaging $1,000,000, and reaching up to $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
41042	$1M

Neighborhood

Average Price

41042

$1M

Florence, KY Apartment Buildings for Sale

7402 Shenandoah Drive, Florence, KY 41042