27-Unit Apartment
For Sale
$1,200,000
1213 W Reservoir Avenue #1215 and 1217, Central City, KY 42330
On-site coin laundry serves residents, and tenants are responsible for electric service.
Property SizeContact for details
Lot Size1.90 Acres
Days on Market590
Property Features for 1213 W Reservoir Avenue #1215 and 1217
General Information
Standard status
Active
Lot size
1.90 Acres
Property subtype
Multi Family Home
Occupancy
100%
Additional Details
Gross Income
$174,000
Multifamily Units
27
Tenant in Place
Yes
Amenities
coin laundry
Building Details
Year Built
1977
Buildings
3
Listing Agency:
Elmore Real Estate
Listed By:
Jeff Hinkley · License #193375
(270) 646-5962
Source:
Elmorerealestate
Added: Mar 17, 2025
Changed: Oct 26
Last Checked: Oct 26 at 3:18PM
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 Elmore Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 27-unit apartment property occupies approximately 1.9 acres and was built in 1977. Renovations were completed about six years ago. Exterior paint has been refreshed, most PTAC heating and air-conditioning units have been replaced, and one roof has been fully replaced. Coin-operated laundry is available on site.
The property is reported fully occupied. Residents pay electric service; ownership covers water, sewer, and trash.
The property is reported fully occupied. Residents pay electric service; ownership covers water, sewer, and trash.
Key Highlights
- 27 apartment units on approximately 1.9 acres
- Reported 100% occupancy
- Coin‑operated laundry on site
Property Analytics
Lease Details
27
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 42330, KY
9,501
Population
4,017
Households
2.4
Avg Household Size
40
Median Age
8%
College-Educated
80%
High-School Grad
104.0 sq mi
ZIP Area
91
Density / Sq Mi
$47,904
Median Household Income
$35,773
Median Earnings
$756
Median Rent
$140,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - On-site coin laundry serves residents, and tenants are responsible for electric service.
Where is this apartment building located?
The property is located at 1213 W Reservoir Avenue #1215 and 1217 Central City, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 27 apartment units on approximately 1.9 acres; Reported 100% occupancy; Coin‑operated laundry on site
