Renovated
For Sale
$345,000
116 S 5th St, Danville, KY 40422
Updated configuration includes an owner-occupant option, furnished rental space, and rear off-street parking.
Property Size2,686 SF
Price / SF$128.44
Days on Market62
Property Features for 116 S 5th St
General Information
Standard status
Active
Size
2,686 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Building Details
Buildings
1
Listing Agency:
The West Group REALTORS
(502) 376-4106
Listed By:
Wayne West
(502) 376-4106
Source:
Exprealty
Added: Jun 22
Changed: Aug 20
Last Checked: Aug 21 at 12:03PM
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 The West Group REALTORS
Investment Insights
Based on property information with market context.
This renovated triplex contains three separate units within 2,686 square feet. The basement is leased, while the furnished main-level Unit B is operated as a rental. Unit A is available for an owner occupant and is currently marketed through Airbnb; it may also serve as a furnished long-term or mid-term rental. The layout provides flexibility across occupancy and rental arrangements without changing the existing three-unit configuration.
The property is located at 116 S 5th St in Danville, near Centre College and Ephram McDowell on the Centre College campus. Off-street parking is positioned behind the building.
The property is located at 116 S 5th St in Danville, near Centre College and Ephram McDowell on the Centre College campus. Off-street parking is positioned behind the building.
Key Highlights
- Renovated triplex with 3 units
- 2,686 square feet of building area
- Unit A available for an owner occupant
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Updated configuration includes an owner-occupant option, furnished rental space, and rear off-street parking.
Where is this triplex located?
The property is located at 116 S 5th St Danville, KY.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Renovated triplex with 3 units; 2,686 square feet of building area; Unit A available for an owner occupant
