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    131 Elm St Ludlow, KY 41016

    For Sale
    $284,900

    COMMERCIAL - Ludlow, KY

    Property size:
    3,436 SF
    Lot size:
    0.06 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 131 Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Vinyl Frames
    Rooms
    Basement
    APN
    040-11-01-001.00
    Parking features
    Garage, On Street
    Basement
    Partial
    Size
    3,436 SF
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ductless, Central Air
    Water source
    Public

    Building Details

    Year built
    1901
    Floors in Building
    3
    Building materials
    Brick, Metal Siding
    Roof type
    Shingle, Metal

    Resource Realty Partners (859) 445-8331

    Listing agent Matthew Brock (859) 445-8331 License #223022

    Listing date Dec 3, 2025

    Copyright © 2025 Northern Kentucky 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.

    Overview

    Ludlow Mixed-Use Investment Opportunity

    This mixed-use property, located in Ludlow, Kentucky, presents an investment opportunity. The building includes two storefronts, two apartments, and attached garages, providing multiple income streams. Renovations have been initiated, including a new roof installed in 2023, exterior tuckpointing and painting completed in 2023, custom storefront windows and exterior doors, and new vinyl windows on the second and third floors. Mechanical upgrades feature roughed-in plumbing, partially completed electrical work, and four new HVAC systems. One apartment is nearing completion, with the remainder of the building ready for finishing. Architectural plans are paid for and included in the sale. The property, with a size of 3436 square feet and a lot size of 0.06 acres, is suited for investors, developers, or owner-occupants seeking a project with significant work already completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.546174
    Latitude
    39.094128

    Nearby Similar for Sale

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    • $409,900
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      Ludlow Mixed-Use Building For Sale

      Updated mixed-use building in Ludlow's business district.
      243 Elm St, Ludlow, KY 41016
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    • $1,250,000
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      High-Visibility Commercial Property in Ludlow

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with storefronts, apartments, and garages in Ludlow.
    Where is this mixed-use property located?
    The property is located at 131 Elm St Ludlow, KY.
    What is the asking price?
    The asking price for this property is $284,900.
    What are key features of this property?
    This property features: - Multiple Income Streams: Two storefronts, two apartments, and attached garages provide diverse revenue potential.; - Major Renovations Completed: New roof (2023), tuckpointing, painting, storefront windows/doors, and vinyl windows significantly reduce immediate work needed.; - Mechanical Upgrades: Roughed-in plumbing, partially completed electrical, and four new HVAC systems enhance efficiency and value.
    (859) 445-8331
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    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
    131 Elm St Ludlow, KY 41016
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