Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    102 E 2Nd St Russellville, KY 42276

    Under Contract
    For Sale
    $375,000

    Multi-Family - Russellville, KY

    Type:Multi Family
    Lot size:
    0.30 Acres
    Days on Market:
    256
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 102 E 2Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active Under Contract
    APN
    n/a
    Parking
    12
    Parking features
    Parking Lot
    Patio and Porch features
    Porch
    Exterior features
    Concrete Walks, Porch
    Lot size
    0.30 Acres

    Building Details

    Year built
    1875
    Number of units
    9
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams First Choice Realty (270) 782-1811 [email protected]

    Listing agent Jason Humble (270) 782-1811 License #216802

    Listing date Mar 25, 2025

    MLS# RA20250140 Listing URL

    Copyright © 2025 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Russellville Multifamily Investment Opportunity

    This is a nine-unit apartment complex presenting a cash flow income-producing opportunity for investors. The property is currently 100% occupied and generates a monthly income of $4,295. Recent improvements include the addition of coin laundry, exterior brick painting, replacement of some HVAC systems, and updates to several units. The property is situated on a 0.3-acre lot. All utilities are separated, and tenants are responsible for covering all utility costs. A $25,000 credit is offered at closing for a new roof based on a recent replacement quote.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Logan
    State
    Kentucky
    Longitude
    -86.8880225
    Latitude
    36.8474349

    Nearby Similar for Sale

    • $179,900
      0.19 Acres

      Historic Russellville Multifamily Opportunity

      Multifamily property with commercial potential in historic downtown Russellville.
      338 W 4Th St, Russellville, KY 42276
      View Details
    • $179,900
      0.19 Acres

      Historic Downtown Russellville Mixed-Use Property

      Mixed-use property in historic downtown Russellville, Kentucky with unlimited potential.
      338 W 4Th St, Russellville, KY 42276
      View Details
    • $129,900
      0.55 Acres

      Remodeled Commercial Building in Russellville

      Newly remodeled commercial building in downtown Russellville, Kentucky, with ample parking.
      235 W 2Nd St, Russellville, KY 42276
      View Details
    • $110,000
      0.25 Acres

      Versatile Commercial Space, Russellville, KY

      Adaptable 1,056 sq ft commercial space, prime location.
      248 E 5Th St, Russellville, KY 42276
      View Details
    • $1,049,000
      8.90 Acres

      Income-Producing Property with Expansion Potential

      Multi-use property with storage units, apartment, and expansion potential.
      1810 Lewisburg Rd, Russellville, KY 42276
      View Details
    • $3,350,000
      3.00 Acres

      Russellville, KY Multi-Family Investment

      Well-maintained apartment complex in Russellville, Kentucky, offering investment potential.
      101 Longview Dr, Russellville, KY 42276
      View Details

    FAQs

    What type of property is this?
    Apartment building - Nine-unit apartment complex in Russellville, Kentucky with strong income potential.
    Where is this apartment building located?
    The property is located at 102 E 2Nd St Russellville, KY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Income-producing 9-unit apartment complex with strong cash flow.; - $25,000 credit offered at closing for new roof.; - 100% occupied with tenants paying all utilities.
    (270) 782-1811
    Request Owner's contact information
    102 E 2Nd St Russellville, KY 42276
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    102 E 2Nd St
    Russellville, KY 42276
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 E 2Nd St Russellville, KY 42276
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.