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    402 E Wayne St Glasgow, KY 42141

    New
    For Sale
    $150,000

    Multi-Family - Glasgow, KY

    Type:Multi Family
    Lot size:
    0.28 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 402 E Wayne St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    G1-50-2
    Lot size
    0.28 Acres

    Building Details

    Year built
    1111
    Number of units
    2
    Architectural style
    Other

    Raymer Real Estate Services, LLC. (270) 282-4005 [email protected]

    Listing agent Connor Raymer (270) 282-4005 License #242785

    Listing date Dec 7, 2025

    MLS# RA20256948 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Glasgow Multifamily Investment

    Located in downtown Glasgow, this multifamily property offers flexibility with five units that can be purchased in different configurations. Buyers can purchase the main home with three units, a pair of studio-style units, or all five units as one investment. The two studio-style units are sold together and feature open-concept living with updated kitchens. One studio is configured as a 2-bedroom layout, while the other is a 1-bedroom unit. The property is within walking distance of shopping, dining, and local amenities. Situated on a 0.28-acre lot, this property combines character, location, and versatility, offering consistent tenant demand and long-term investment potential. It is suitable for expanding a portfolio or for an owner-occupant seeking income-producing units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glasgow
    County
    Barren
    State
    Kentucky
    Longitude
    -85.9096394
    Latitude
    36.9923462

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    FAQs

    What type of property is this?
    Duplex - Versatile multifamily property in downtown Glasgow with investment potential.
    Where is this duplex located?
    The property is located at 402 E Wayne St Glasgow, KY.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Flexible purchase options: buy the main house (3 units), studio units (2 units), or all 5 units.; - Prime downtown Glasgow location: walking distance to shopping, dining, and amenities.; - Strong rental appeal and tenant demand.
    (270) 282-4005
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    Glasgow, KY 42141
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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
    402 E Wayne St Glasgow, KY 42141
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