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Florence, KY Apartment Buildings for Sale

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Erlanger, KY Elsmere, KY Edgewood, KY Burlington, KY Crestview Hills, KY Union, KY Crescent Springs, KY Covington, KY
Eight-Unit Townhome Apartment Building
Updated: Oct 31, 2025
Eight-Unit Townhome Apartment Building

7402 Shenandoah Dr, Florence, KY 41042

$1,000,000
7,928 sqft
Eight townhome units totaling 7,928 square feet
Unit mix includes 1‑4 bedroom residences
Private patios included with every unit
Washer/dryer hookups in each residence
Mostly month‑to‑month leases
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 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

Opportunities in Nearby Cities

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

24-Unit Multifamily Property
24-Unit Multifamily Property

480 Pedretti Ave, Cincinnati, OH 45238

Contact for pricing
19,800 sqft

Well-maintained 24-unit apartment built in the 1980s with two-bedroom layouts, individual HVAC, and off-street parking.

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Move-In Ready Condo with Upgrades
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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15-Unit Apartment Complex
15-Unit Apartment Complex

3436 Price Ave, Cincinnati, OH 45205

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15-unit apartment complex requiring roof, window, and heating system repairs.

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6-Unit Renovated Apartment Buildings
6-Unit Renovated Apartment Buildings

701 W Pike St, Covington, KY 41011

Contact for pricing

Updated kitchens and baths pair with separate utilities, furnaces, and substantial storage.

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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.

58 Sanders Dr
APARTMENT HOUSE (5+ UNITS)

58 Sanders Dr, Florence, KY 41042-2856

$260,000
Estimated value
3,360 sqft 0.27 AC lot
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3910 Wynnbrook Dr
APARTMENT HOUSE (5+ UNITS)

3910 Wynnbrook Dr, Florence, KY 41042-3074

$500,000
Estimated value
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 average $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.

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Demographics Overview

Population 56K
Population Growth (5Y) +7.7%
Median Household Income $75,582
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Florence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
41042 $1M

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $12.61 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Florence fall within the 100,000+ square foot range.

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