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Four-Unit Rental Property
For Sale
$350,000
Pending

1017 Nokomis St, Danville, KY 40422

Four individually rented residences provide an established multi-unit rental configuration.

Property Size4,104 SF
Days on Market11

Property Features for 1017 Nokomis St

General Information

Standard status Pending
Size 4,104 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 4
Listing Agency: Coldwell Banker VIP Realty, Inc.
Listed By: Don Thomas · License #204621
Source: Centralkentuckyhouses
Added: Sep 17 Changed: Sep 26 Last Checked: Sep 26 at 7:44AM

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 Coldwell Banker VIP Realty, Inc.

Investment Insights

Based on property information with market context.

This four-unit residential property contains 4,104 square feet and has all units currently rented. Its configuration brings four separate residences together in one property, with existing tenants in place.

Key Highlights

  • Four separate residential units
  • All four units currently rented
  • 4,104 square feet

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Restaurant Auto Repair Shop Dental Office Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 40422, KY

25,918
Population
10,627
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
92%
High-School Grad
108.3 sq mi
ZIP Area
239
Density / Sq Mi
$60,926
Median Household Income
$36,910
Median Earnings
$774
Median Rent
$214,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four individually rented residences provide an established multi-unit rental configuration.
Where is this quadplex located?
The property is located at 1017 Nokomis St Danville, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four separate residential units; All four units currently rented; 4,104 square feet
More about this property
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