Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Income-Producing Four-Unit Apartment Building Title is generated by Realmo AI

    1220 W Lincoln Trail Boulevard, Radcliff, KY 40160

    View on Map
    Claim this Listing
    For Sale
    $375,000

    Well-maintained, fully occupied four-unit apartment building near West Lincoln Trail.

    Type:Multi Family
    Property size:
    1,800 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $208/SF
    Added:
    Mar 24, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 5 at 10:54 pm

    Property Features for 1220 W Lincoln Trail Boulevard

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Lot size
    1.00 Acre
    Property subtype
    Multi Family

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Clinkenbeard Team

    Listing agent Clinkenbeard Team

    Listing office RE/MAX EXECUTIVE GROUP, INC.

    Listing date Mar 24, 2026

    Source Exitrealty

    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 RE/MAX EXECUTIVE GROUP, INC.

    HighLights

    • Fully occupied 4‑unit apartment building providing immediate cash flow.
    • Prime location off West Lincoln Trail Blvd, near shopping, dining, and transportation.
    • Each unit features a desirable 2‑bedroom, 1‑bathroom layout.
    • Includes essential appliances (stove and refrigerator) in every unit.
    • Strong rental demand in the area.
    • Well‑maintained building constructed in 1984.

    Overview

    This well-maintained four-unit apartment building offers an investment opportunity. Each unit features a 2-bedroom, 1-bathroom layout. Every unit is equipped with a stove and refrigerator. All units are currently rented, providing immediate cash flow. The property is located off West Lincoln Trail Blvd, near shopping, dining, and transportation options. The building is 1800 square feet. The property is located in an area with strong rental demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Radcliff
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.9574855
    Latitude
    37.8334854

    Nearby Similar for Sale

    • $795,000

      Radcliff Commercial Property with Living

      Commercial property in Radcliff, KY with retail and living space.
      105 Lott Way, Radcliff, KY 40160
      View Details
    • $450,000

      Radcliff, KY Multi-Family Investment

      Fully leased four-unit apartment building in Northern Hardin County.
      115 Kenilworth Court, Radcliff, KY 40160
      View Details
    • $248,000
      2,520 SF

      Large Home, Income Potential

      Large home with multi-unit rental or multi-generational potential.
      694 N Logsdon Parkway, Radcliff, KY 40160
      View Details
    • $455,000
      3,905 SF

      Radcliff Multifamily Investment Opportunity

      Six-unit multifamily property in Radcliff, near Fort Knox.
      412 Wood Creek Dr, Radcliff, KY 40160
      View Details
    • $290,500
      2,214 SF

      Radcliff Two-Story Residential Farm

      Two-story home with modern flare, spacious basement, fenced yard.
      964 Timberwood Drive, Radcliff, KY 40160
      View Details
    • $245,000
      1,765 SF

      Radcliff Home Near Fort Knox

      Charming Radcliff home, move-in ready, near Fort Knox.
      645 Cherrywood Drive, Radcliff, KY 40160
      View Details
    • $455,000

      Radcliff Multifamily Investment Opportunity

      Six-unit multifamily property near Fort Knox with income potential.
      412 Wood Creek Drive, Radcliff, KY 40160
      View Details
    • $194,900
      1,120 SF

      Charming Home with Exposed Trusses

      Charming 3-bedroom home with vaulted ceiling and large backyard.
      1784 Holly Court, Radcliff, KY 40160
      View Details
    • $115,000
      930 SF

      Radcliff Home with Patio

      Two-bedroom home in Radcliff with easy access to Ft. Knox.
      618 Potomac Court, Radcliff, KY 40160
      View Details
    • $375,000

      Income-Producing Four-Unit Apartment Building

      Fully occupied Radcliff multi-family property near West Lincoln Trail Blvd.
      1220 W Lincoln Trail Boulevard, Radcliff, KY 40160
      View Details
    • $700,000

      Radcliff, KY Multi-Family Investment

      Multi-family investment opportunity near 31W/313 intersection and WalMart.
      124-130 Darby Woods Court, Radcliff, KY 40160
      View Details
    • $600,000
      2,640 SF

      Retail Business For Sale

      2,640 SqFt retail business opportunity available for purchase.
      1574 W Lincoln Trail Blvd, Radcliff, KY 40160
      View Details

    FAQs

    What type of property is this?
    Quadplex - Well-maintained, fully occupied four-unit apartment building near West Lincoln Trail.
    Where is this quadplex located?
    The property is located at 1220 W Lincoln Trail Boulevard Radcliff, KY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Fully occupied 4‑unit apartment building providing immediate cash flow.; Prime location off West Lincoln Trail Blvd, near shopping, dining, and transportation.; Each unit features a desirable 2‑bedroom, 1‑bathroom layout.
    (270) 769-1655
    We can help!
    Listing Contact
    Clinkenbeard Team
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1220 W Lincoln Trail Boulevard, Radcliff, KY 40160
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!