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    312 Chapel St Falmouth, KY 41040

    Pending
    For Sale
    $49,900

    MULTI_FAMILY - Falmouth, KY

    Lot size:
    0.31 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 312 Chapel St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    6
    Bathrooms
    2
    APN
    051-10-17-015.00
    Parking features
    Off Street, On Street, Garage
    Basement
    Full
    Lot size
    0.31 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Roof type
    Shingle

    Century 21 Brooks Wells Ent. (606) 329-8000

    Listing agent Robert Courts (859) 466-0140 License #221577

    Listing date Nov 23, 2025

    MLS# 637891 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

    Falmouth Multifamily Fixer-Upper Opportunity

    This two-unit multifamily home in Falmouth, KY, presents a significant opportunity for investors. The property, situated on a 0.31-acre lot, features two separate units, each containing three bedrooms and one bathroom. The property has sustained fire damage and requires a full rehabilitation. The layout of each unit offers spacious floor plans and separate entrances, which could translate to strong rental potential. A detached three-car garage is located at the rear of the property. This property is intended for cash or rehab loan purchases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -84.331381
    Latitude
    38.676335

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    FAQs

    What type of property is this?
    Duplex - Two-unit multifamily home with rehab potential and detached garage.
    Where is this duplex located?
    The property is located at 312 Chapel St Falmouth, KY.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - Two separate 3-bedroom, 1-bathroom units offer strong rental potential.; - Detached 3-car garage provides significant value and parking.; - Multifamily property with potential for cash flow after rehab.
    (859) 466-0140
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    312 Chapel 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
    312 Chapel St Falmouth, KY 41040
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