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Turnkey Multifamily Investment Opportunity
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1055 N Buckman St, Shepherdsville, KY 40165

52-unit multifamily property in Shepherdsville with recent renovations.

Property SizeContact for details
Days on Market182

Property Features for 1055 N Buckman St

General Information

Standard status Active
Class B
Property subtype Multifamily
Occupancy 100%

Building Details

Year Built 1995
Buildings 12
Units 52
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Source: Crexi
Added: Feb 19 Changed: Aug 10 Last Checked: Aug 19 at 6:14AM

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 Crye-Leike Executive Realty

Investment Insights

Based on property information with market context.

This is a 52-unit multifamily investment property located in Shepherdsville, Kentucky. The property is situated just 5 minutes from Exit 117 on Interstate 65. It comprises eleven all-brick buildings and one vinyl duplex. The unit mix is 100% two-bedroom, one-bathroom apartments. Over the past three years, over 90% of the units have been extensively renovated. Renovations include updated kitchens and bathrooms, new cabinets and vanities, tubs, sinks, appliances, water heaters, HVAC systems, flooring, paint, and fixtures. Over half of the A/C units have been replaced within the last five years. Additional capital improvements include a fully redone parking lot completed two years ago. Roof replacements are currently underway on 8 of the 12 buildings. The property is located in the high-growth Bullitt County corridor, benefiting from strong population growth, expanding logistics and manufacturing employment, and proximity to Louisville. The property presents a compelling stabilized investment opportunity with long-term upside.

Key Highlights

  • Turnkey 52‑unit multifamily investment property.
  • 90%+ of units extensively renovated in the last three years, featuring updated kitchens/baths, new appliances, HVAC, and flooring.
  • Located in high‑growth Bullitt County corridor with strong population growth and expanding employment.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Garden Center Daycare Center Computer & Electronic Repair Carpet & Flooring Store Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby

Demographics for 40165, KY

36,161
Population
15,622
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
319
Density / Sq Mi
$77,083
Median Household Income
$41,914
Median Earnings
$939
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - 52-unit multifamily property in Shepherdsville with recent renovations.
Where is this apartment building located?
The property is located at 1055 N Buckman St Shepherdsville, KY.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: Turnkey 52‑unit multifamily investment property.; 90%+ of units extensively renovated in the last three years, featuring updated kitchens/baths, new appliances, HVAC, and flooring.; Located in high‑growth Bullitt County corridor with strong population growth and expanding employment.
(270) 781-3377 Call to check price and availability
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