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Six-Unit All-Brick Apartment Building
For Sale
$749,900

261 Fugate Lane, Shepherdsville, KY 40165

MULTI_FAMILY - Shepherdsville, KY

Property SizeContact for details
Lot Size0.62 Acres
Days on Market174

Property Features for 261 Fugate Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Elementary school Bullitt County
Middle school Bullitt County
High school Bullitt County
Directions Head West off I-65 exit 117. Fugate lane is on your left. Within 5 minutes of Exit 117.
Subdivision Bullitt County
Standard status Active
Lot size 0.62 Acres

Building Details

Year built 2005
Number of units 6
Roof type Shingle
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Added: Feb 19 Changed: Aug 10 Last Checked: Aug 12 at 2:06AM
MLS# RA20260906

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This six-unit, all-brick multifamily property is built for low-maintenance ownership and tenant-friendly functionality. Constructed in 2005, the building features a shingle roof and offers spacious two-bedroom, two-bath unit layouts.

The property sits on 0.62 acres in Shepherdsville within the Bullitt County corridor. It is located just minutes from major employers and provides convenient access to Interstate 65, with proximity to Louisville.

With the roof identified as a major capital improvement completed only two years ago, the building supports a practical, durable foundation for ongoing operations while maintaining a consistent unit mix across the community.

Key Highlights

  • Six‑unit all‑brick apartment building built in 2005
  • Roof only two years old with shingle roofing
  • Consists entirely of spacious 2‑bedroom, 2‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Restaurant Kitchen & Bath Showroom Grocery & Convenience Store

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 40165, KY

36,161
Population
15,622
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
319
Density / Sq Mi
$77,083
Median Household Income
$41,914
Median Earnings
$939
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - All-brick six-unit property with spacious 2-bedroom, 2-bath layouts and a roof only two years old.
Where is this apartment building located?
The property is located at 261 Fugate Lane Shepherdsville, KY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Six‑unit all‑brick apartment building built in 2005; Roof only two years old with shingle roofing; Consists entirely of spacious 2‑bedroom, 2‑bath units
More about this property
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