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    Henderson, KY Apartment Buildings for Sale

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    Henderson Multifamily Turnkey Community
    Updated: May 19
    Henderson Multifamily Turnkey Community

    242 Shenandoah Place, Henderson, KY 42420

    Contact for pricing
    26,700 sqft
    Turnkey multifamily community with approximately $600,000 in recent and ongoing capital improvements.
    Spacious townhome‑style floorplans averaging 1,205 square feet.
    Renovated kitchens feature granite countertops, new cabinetry, updated flooring, and modern fixtures.
    New roofs and renovated interiors throughout.
    Minimal near‑term capital needs due to ongoing improvements expected to be completed prior to closing.
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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 14 Potential Opportunities for your consideration. Besides 1 Active listings in Henderson, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

    Victorian Apartment Building
    Victorian Apartment Building

    702-704 SE Second Street, Evansville, IN 47713

    $568,000
    6,794 sqft 0.24 AC lot

    Five-unit configuration includes a carriage-house apartment and a two-car garage.

    View details
    20-Unit Affordable Apartment Building
    20-Unit Affordable Apartment Building

    2305 South Rotherwood Avenue, Evansville, IN 47714

    Contact for pricing
    14,752 sqft

    HUD-assisted apartments with a long-term project-based HAP contract and one-bedroom layouts.

    View details
    27-Unit Apartment Building
    27-Unit Apartment Building

    1213 W Reservoir Avenue, Central City, KY 42330

    $1,200,000
    17,000 sqft

    Renovated multifamily property with coin-operated laundry and updated PTAC systems serving a fully occupied apartment community.

    View details
    27-Unit Apartment Building
    27-Unit Apartment Building

    1213 W Reservoir Avenue, Central City, KY 42330

    $1,200,000
    1.90 AC lot

    Renovated apartment community with coin laundry, updated PTAC systems, and full occupancy.

    View details

    Off-Market Properties in Henderson, KY

    Consider similar Off-Market properties in Henderson, 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.

    738 1st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    738 1st St, Henderson, KY 42420-5916

    Estimated value:
    $115,000
    6,002 sqft 0.06 AC lot
    View details
    114 Powell St
    APARTMENT HOUSE (UNDER 5 UNITS)

    114 Powell St, Henderson, KY 42420-3580

    Estimated value:
    $270,000
    5,113 sqft 0.50 AC lot
    View details
    2921 Us Hwy 60th E
    APARTMENT HOUSE (UNDER 5 UNITS)

    2921 Us Hwy 60th E, Henderson, KY 42420-2286

    Estimated value:
    $325,000
    2,097 sqft 0.32 AC lot
    View details
    15 Lincoln Ave
    Multifamily properties

    15 Lincoln Ave, Henderson, KY 42420

    Estimated value:
    No data
    0.67 AC lot
    View details
    222 Shenandoah Pl
    Multifamily properties

    222 Shenandoah Pl, Henderson, KY 42420

    Estimated value:
    No data
    View details
    1629 Main St
    Multifamily properties

    1629 Main St, Henderson, KY 42420

    Estimated value:
    No data
    129,416 sqft 13.85 AC lot
    View details
    126 William And Mary Ct
    Multifamily properties

    126 William And Mary Ct, Henderson, KY 42420

    Estimated value:
    No data
    View details
    13364 Us Hwy 41a
    APARTMENT HOUSE (5+ UNITS)

    13364 Us Hwy 41a, Henderson, KY 42420-9645

    Estimated value:
    No data
    1.09 AC lot
    View details
    602 1st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    602 1st St, Henderson, KY 42420-5915

    Estimated value:
    No data
    7,260 sqft 0.12 AC lot
    View details

    Henderson, KY Apartment Buildings Market Trends and Statistics

    Explore 10 apartment buildings for sale in Henderson, KY on our real estate platform. These investment opportunities span a total of 26,700 square feet of properties for sale.

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    Demographics Overview

    Population 38K
    Population Growth (5Y) +0.1%
    Median Household Income $56,661
    College Educated 13.3%

    Taxes & Financing

    Tax Rate (average for all types) 7.96%
    Property Tax per SF $25.01 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Henderson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Henderson fall within the 25,000 to 50,000 square foot range.

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