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Triplex with Off-Street Parking
For Sale
$335,000

116 S 5th Street, Danville, KY 40422

Residential, Danville, KY

Property Size2,686 SF
Lot Size0.11 Acres
Price / SF$124.72
Days on Market10

Property Features for 116 S 5th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 3
Appliances Dishwasher, Microwave, Refrigerator, Range, Dishwasher, Microwave, Refrigerator, Range
Subdivision Downtown
Elementary school Hogsett
Middle school Bate
High school Danville
Elementary school district Danville City - 126
Middle school district Danville City - 126
High school district Danville City - 126
Directions Bypass - W Main St - S 5th St
Standard status Active
APN D07014008
Size 2,686 SF
Lot size 0.11 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1930
Flooring type Carpet, Vinyl
Building materials Brick
Listing Agency: ListWithFreedom.com
Listed By: Tony Giglio · License #140525
Added: Sep 27 Changed: Oct 2 Last Checked: Oct 6 at 12:06PM
MLS# 26026709

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated brick triplex contains three residential units within 2,686 square feet. The building dates to 1930 and occupies a 0.11-acre lot. Carpet and vinyl flooring are noted, along with dishwashers, microwaves, refrigerators, and ranges. Public water and sewer serve the property.

Centre College is steps from the building. Off-street parking is located behind the property.

Key Highlights

  • Three‑unit brick residential building
  • 2,686 square feet on a 0.11‑acre lot
  • Renovated building dating to 1930

Property Analytics

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Current Use

ChargePoint Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Big Box & Wholesale Store Gym & Fitness Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store HVAC Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,164
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
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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?
Triplex - Renovated brick housing includes three residential units and rear parking.
Where is this triplex located?
The property is located at 116 S 5th Street Danville, KY.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Three‑unit brick residential building; 2,686 square feet on a 0.11‑acre lot; Renovated building dating to 1930
More about this property
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