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Residential Income Portfolio
For Sale
$1,400,000

1223/1233 Clyde Elrod Ave., Kevil, KY 42053

Multi-Family, 1 Story, Kevil, KY

Property SizeContact for details
Days on Market147

Property Features for 1223/1233 Clyde Elrod Ave.

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Laundry Room
Patio and Porch features Patio
Interior features Closet Light(s), Ceiling Fan(s), Garage Door Opener, Washer/Dryer Hookup, Circuit Breakers
Exterior features Concrete Drive, Exterior Lights, Patio, Sidewalks, Trees
Elementary school Ballard County
Middle school Ballard
High school Ballard County
Directions From Kentucky Oaks Mall, take US-60 East to Kevil. Turn right onto Clyde Elrod Ave. No sign up.
Subdivision Ballard
Standard status Active

Utilities

Water source Public

Building Details

Floors in Building 1
Flooring type Wood, Linoleum, Carpet, Tile
Roof type Shingle
Architectural style Other
Listing Agency: Arnold Realty Group
Listed By: Jaime Abell · License #261465
Added: Apr 15 Changed: Sep 5 Last Checked: Sep 8 at 6:06AM
MLS# 133143

Copyright © 2026 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This bundled residential income package includes five duplexes and two single-family homes, totaling 12 units. The duplex units consist of four units with 2 bedrooms, 2 bathrooms, and a 1-car garage, with the remaining duplex units configured as 2 bedrooms and 1 bathroom. The two single-family dwellings include one with 2 bedrooms, 1 bathroom, and a 1-car garage, and one with 1 bedroom and 1 bathroom. A workshop is also on site and can be used for storage. The offering is described as very well maintained across the units.

The property is located at 1223/1233 Clyde Elrod Ave. in Kevil, Kentucky, within Ballard County (ZIP 42053). The homes are being sold together as one portfolio.

This configuration can be a practical fit for investors or owner-operators looking to acquire a multi-unit rental mix under a single purchase. With a range of unit layouts, including both 1- and 2-bedroom options and several units with garages, the portfolio may provide flexibility for tenant placement while keeping the acquisition focused on one combined property package.

Key Highlights

  • 12 units total sold together: 5 duplexes and 2 single‑family homes
  • Unit mix: 4 units are 2 bed/2 bath with 1‑car garage; other units are primarily 2 bed/1 bath
  • Single‑family units include one 2 bed/1 bath with 1‑car garage and one 1 bed/1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Furniture & Home Goods Hair Salon Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 42053, KY

4,837
Population
2,172
Households
2.2
Avg Household Size
45
Median Age
21%
College-Educated
95%
High-School Grad
119.8 sq mi
ZIP Area
40
Density / Sq Mi
$70,617
Median Household Income
$41,328
Median Earnings
$889
Median Rent
$162,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Seller is offering a bundled package of 12 well-maintained units, including duplexes and two single-family homes.
Where is this multifamily property located?
The property is located at 1223/1233 Clyde Elrod Ave. Kevil, KY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 12 units total sold together: 5 duplexes and 2 single‑family homes; Unit mix: 4 units are 2 bed/2 bath with 1‑car garage; other units are primarily 2 bed/1 bath; Single‑family units include one 2 bed/1 bath with 1‑car garage and one 1 bed/1 bath
More about this property
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