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    Renovated 3-Unit Residential Income Property Title is generated by Realmo AI

    116 S 5th St, Danville, KY 40422

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    Claim this Listing
    New
    For Sale
    $365,000

    MULTI_FAMILY - Ranch - Danville, KY

    Type:Single Family Residence
    Property size:
    2,686 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $135/SF
    Added:
    Jun 22, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 26 at 11:06 am

    Property Features for 116 S 5th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 2
    Standard status
    Active
    APN
    D07-014-008
    Size
    2,686 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Private Sewer
    Heating system
    Natural Gas, Ductless (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1930
    Number of units
    3
    Building materials
    Brick Veneer
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Wayne West

    Listing agent Wayne West

    Listing office The West Group REALTORS 5126 Oaklawn Park Drive, Louisville, KY

    Listing date Jun 22, 2026

    MLS# 1721294 Listing URL

    Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Completely renovated 3‑unit building steps from Centre College
    • Basement unit currently rented for $990/mo
    • Main‑floor Unit B is a furnished rental listed for $1,355/mo
    • Unit A available for owner occupant; currently listed on AirBNB
    • Brick veneer ranch (single‑story style) built in 1930 with central air
    • Off‑street parking behind the building; public water and private sewer

    Overview

    Completely renovated 3-unit residential income property arranged as two units on the main floor plus a basement unit. The building includes off-street parking located behind the property. Unit B on the main floor is currently set up as a furnished rental, while the basement is also rented. Unit A on the main floor is available for an owner occupant.

    The property is located in Danville, Kentucky, steps from Centre College, with additional proximity to Ephram McDowell on the Centre College campus. According to the current marketing information, the property is listed on AirBNB. The existing setup supports continued furnished short-term hosting, with the option to convert Unit B to a furnished long-term rental at the same rate, or to consider a mid-term furnished rental approach.

    This configuration is well-suited for an owner-occupant who wants to live in Unit A while maintaining income from the other units. For investors and operators, the fully renovated condition and furnished-ready rental setup may simplify transitions between short-term, mid-term, and long-term furnished uses, depending on operating preferences.
    Property Profile Location Intelligence

    Current Use by Public Records

    ChargePoint Charging Station Electric Vehicle Charging Station

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Boyle
    State
    Kentucky
    Longitude
    -85.470985
    Latitude
    37.808627

    FAQs

    What type of property is this?
    Triplex - Three fully renovated units with off-street parking behind, including a main-floor furnished rental and an owner-occupant option.
    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 $365,000.
    What are key features of this property?
    This property features: Completely renovated 3‑unit building steps from Centre College; Basement unit currently rented for $990/mo; Main‑floor Unit B is a furnished rental listed for $1,355/mo
    More about this property
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