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    85 N Main St Walton, KY 41094

    Sponsored
    For Sale
    $499,900

    MULTI_FAMILY - Walton, KY

    Type:Apartment
    Property size:
    12,180 SF
    Lot size:
    0.92 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 85 N Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Basement
    APN
    078.01-12-008.00
    Parking features
    Parking Lot
    Basement
    Full
    Size
    12,180 SF
    Lot size
    0.92 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    10
    Building materials
    Brick
    Roof type
    Shingle

    Paragon Realty Partners (859) 414-6550

    Listing agent Kevin Goff (513) 515-2116 License #248920

    Listing date Jan 6, 2026

    Copyright © 2026 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

    Walton, KY Multifamily Investment Opportunity

    Located in Walton, Kentucky, this multifamily property offers an investment opportunity. The property features 10 units, including 7 two-bedroom and 3 one-bedroom apartments, situated on N Main Street. The building, formerly the Walton School, has a history within the city of Walton, previously serving the Walton Independent School District. The property has been fully gutted, presenting a blank canvas for redesign. The building features 14-foot ceilings, with the potential to convert some units into 3-bedroom configurations. New meters, valves, and shut off were replaced in 2024, and the gas line has been replaced to the street. The property has generous lot dimensions and redevelopment potential, suitable for multifamily or mixed-use development. The property has 0.92 acres of land and a building size of 12180 square feet. The property has plenty of parking and easy access to local amenities, schools, and the highway.
    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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.613403
    Latitude
    38.868672

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    FAQs

    What type of property is this?
    Apartment building - Value-add multifamily property in Walton, Kentucky with redevelopment potential.
    Where is this apartment building located?
    The property is located at 85 N Main St Walton, 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: - Value-add opportunity: Fully gutted 10-unit multifamily property ready for complete redesign.; - Attractive mix of 7 two-bedroom and 3 one-bedroom apartments with potential to convert some units into 3-bedroom units.; - New meters, valves, and shut off replaced in 2024; gas line replaced to the street.
    (513) 515-2116
    Request Owner's contact information
    85 N Main St Walton, KY 41094
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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
    85 N Main St Walton, KY 41094
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