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    300 Main St Falmouth, KY 41040

    For Sale
    $499,900

    MULTI_FAMILY - Falmouth, KY

    Type:Apartment
    Lot size:
    0.12 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 300 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Window features
    Vinyl Frames, Insulated Windows
    Rooms
    Basement
    APN
    051-10-19-001.00
    Parking features
    On Street
    Fireplace
    1
    Basement
    Partial
    Appliances
    Electric Oven, Electric Cooktop, Dishwasher, Microwave, Refrigerator
    Lot size
    0.12 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air, Electric (Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1884
    Floors in Building
    2
    Number of units
    8
    Building materials
    Brick, Vinyl Siding
    Roof type
    Metal

    Jim Simpson Realtors Inc (859) 824-9000 [email protected]

    Listing agent James Simpson (859) 824-9000 License #192456

    Listing date Dec 3, 2025

    MLS# 633757 Listing URL

    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

    Historic Multi-Family Apartment Building

    This historic 8-unit multi-family apartment building, originally The Phoenix Hotel, presents an investment opportunity in downtown Falmouth, Kentucky. The property features a mix of unit types, including 4 efficiency apartments, 2 one-bedroom apartments, and 2 two-bedroom apartments. Coin-operated laundry machines are located on the first floor. The owner is responsible for water and sewer services. The property is situated on a 0.12-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Pendleton
    State
    Kentucky
    Longitude
    -84.329963
    Latitude
    38.676572

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    FAQs

    What type of property is this?
    Apartment building - Historic 8-unit apartment building in downtown Falmouth, Kentucky.
    Where is this apartment building located?
    The property is located at 300 Main St Falmouth, KY.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Historic 8-unit apartment building (originally The Phoenix Hotel).; - Great investment opportunity in Downtown Falmouth.; - Mix of apartment types: 4 Efficiency, 2 One Bedroom, and 2 Two Bedroom units.
    (859) 824-9000
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    300 Main St Falmouth, KY 41040
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    Falmouth, KY 41040
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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
    300 Main St Falmouth, KY 41040
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