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Duplex Portfolio

0000 Mattingly Drive, Henderson, KY 42420

For Sale
$675,000

The properties participate in the Section 8 housing program under agreements with approximately nine years remaining.

Property SizeContact for details
Days on Market47

Property Features for 0000 Mattingly Drive

General Information

Standard status Active
Property subtype Multi-Family

Financials

Cap Rate 9%
Average Monthly Rent $774

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Building Details

Year Built 1982
Listing Agency: Hancock Real Estate And Auction Inc
Listed By: Supreme Dream Realty LLC
Source: Supremedreamrealty
Added: Sep 26 Changed: Nov 10 Last Checked: Nov 10 at 8:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hancock Real Estate And Auction Inc

Rey
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Investment Insights

Based on property information with market context.

This portfolio comprises six duplex properties in Henderson, Kentucky. Each unit has two bedrooms and one bathroom, and the buildings were constructed in 1982. The properties participate in the Section 8 housing program under agreements with approximately nine years remaining on their 10-year term.

The six properties are located at 1422, 1428, 1432, 1436, 1440, and 1446 Mattingly Drive. The portfolio has an approximate 9% capitalization rate.

Key Highlights

  • Six duplex properties in Henderson, Kentucky
  • Each unit includes two bedrooms and one bathroom
  • Section 8 agreements have approximately nine years remaining on a 10‑year term

Property Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 42420, KY

37,664
Population
17,316
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
89%
High-School Grad
191.6 sq mi
ZIP Area
197
Density / Sq Mi
$56,661
Median Household Income
$39,168
Median Earnings
$792
Median Rent
$164,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The properties participate in the Section 8 housing program under agreements with approximately nine years remaining.
Where is this duplex located?
The property is located at 0000 Mattingly Drive Henderson, KY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Six duplex properties in Henderson, Kentucky; Each unit includes two bedrooms and one bathroom; Section 8 agreements have approximately nine years remaining on a 10‑year term
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