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28-Unit Apartment Building Portfolio

115-135 E Walnut St, Danville, KY 40422

For Sale
$3,200,000

Three neighboring buildings feature updated units and on-site parking in downtown Danville.

Property Size21,724 SF
Price / SF$147.30
Days on Market56

Property Features for 115-135 E Walnut St

General Information

Standard status Active
Size 21,724 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 28

Amenities

on-site parking

Building Details

Year Built 1976
Buildings 3
Listing Agency: Bluegrass Home Group
Listed By: Michelle Gunter · License KY #220002
Source: Centralkyhomesforsale
Added: Sep 19 Changed: Nov 9 Last Checked: Nov 10 at 11:12AM

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 Bluegrass Home Group

Rey
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Investment Insights

Based on property information with market context.

This multifamily portfolio includes 28 units across three neighboring apartment buildings at 115, 125, and 135 E. Walnut Street. The properties were built in 1976 and have received substantial updates, including new roofs, updated HVAC systems, and improvements to the units. On-site parking is also provided.

The buildings are positioned in downtown Danville beside historic Constitution Square and within blocks of the Main Street district. Ephraim McDowell Regional Medical Center is approximately 0.2 mile away, while Centre College is located minutes away along the Walnut Street corridor. The concentrated arrangement places all 28 units within one central location and near downtown restaurants, shopping, services, and community attractions.

Key Highlights

  • 28 units across three neighboring apartment buildings
  • Located at 115, 125 & 135 E. Walnut Street in downtown Danville
  • New roofs and updated HVAC systems

Property Analytics

Lease Details

28
Residential units

Location Intelligence

Trade Area within ½ mile

1,196
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

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?
Apartment building - Three neighboring buildings feature updated units and on-site parking in downtown Danville.
Where is this apartment building located?
The property is located at 115-135 E Walnut St Danville, KY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 28 units across three neighboring apartment buildings; Located at 115, 125 & 135 E. Walnut Street in downtown Danville; New roofs and updated HVAC systems
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