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Apartment Building with 11 Rented Units
For Sale
$1,500,000
Pending

287 Young Street, Georgetown, KY 40324

MULTI_FAMILY - Georgetown, KY

Property Size1,000 SF
Lot Size0.54 Acres
Days on Market49

Property Features for 287 Young Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-2
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Parking 20
Subdivision Downtown
Elementary school Garth
Middle school Scott Co
High school Scott Co
Elementary school district Scott County - 5
Middle school district Scott County - 5
High school district Scott County - 5
Directions Downtown Georgetown to Young Street
Standard status Pending
APN 166-20-155.000
Size 1,000 SF
Lot size 0.54 Acres

Utilities

Heating system Electric (Heating), Natural Gas
Cooling system Electric

Building Details

Year built 2012
Number of units 11
Roof type Shingle
Listing Agency: Stewart & Co Realty LLC
Listed By: Amanda J Stewart
Added: Jun 22 Changed: Aug 4 Last Checked: Aug 9 at 1:06AM
MLS# 26014532

Copyright © 2026 ImagineMLS. 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.

Apartment buildings at 287 Young Street in Georgetown offer 11 units that are currently rented. The property includes updates and provides plenty of parking for tenants. An additional vacant lot is included for buyers who want to build another duplex.

Built in 2012, the building has shingle roofing and is heated with natural gas and electric heating systems. Cooling is electric. The lot size is 0.5357 acres, and the property size is listed as 1000 square feet.

For investors seeking a small multifamily asset with existing tenant occupancy and room to consider future development on the included vacant lot, this configuration supports straightforward ownership and operational planning.

Key Highlights

  • 11 units currently rented
  • Includes a vacant lot for possible additional duplex development
  • Built in 2012 with shingle roofing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Electrical Service Catering Service Florist (Bike/Boat/Book/etc) 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

11
Residential units

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 40324, KY

51,035
Population
20,570
Households
2.5
Avg Household Size
35
Median Age
34%
College-Educated
94%
High-School Grad
155.1 sq mi
ZIP Area
329
Density / Sq Mi
$83,012
Median Household Income
$47,619
Median Earnings
$1,188
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Apartment building built in 2012 featuring 11 rented units, electric cooling, and a vacant lot for possible expansion.
Where is this apartment building located?
The property is located at 287 Young Street Georgetown, KY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 11 units currently rented; Includes a vacant lot for possible additional duplex development; Built in 2012 with shingle roofing
More about this property
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