8-Unit Downtown Apartment
New
For Sale
$980,000
125 E Walnut St, Danville, KY 40422
Updated multifamily property with on-site parking and access to downtown Danville services, dining, shopping, and community amenities.
Property Size7,040 SF
Price / SF$139.20
Days on Market5
Property Features for 125 E Walnut St
General Information
Standard status
Active
Size
7,040 SF
Property subtype
Multi-Family
Additional Details
Gross Income
$110,400
Multifamily Units
8
Amenities
on-site parking
Building Details
Year Built
1976
Listing Agency:
Bluegrass Home Group
Listed By:
Michelle Gunter
(859) 552-6672
Source:
Reliance1realty
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 26 at 6:56AM
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 Bluegrass Home Group
Investment Insights
Based on property information with market context.
This 8-unit apartment building contains 7,040 square feet and was built in 1976. Improvements include a new roof, updated HVAC systems, and refreshed units throughout, along with on-site parking. The configuration offers a manageable multifamily asset in a central downtown setting.
The property is located beside historic Constitution Square and within blocks of Danville’s Main Street district. Downtown restaurants, shops, services, and community attractions are accessible from the property, while Ephraim McDowell Regional Medical Center is approximately 0.2 mile away. Centre College is also located along the Walnut Street corridor. The property may be acquired individually or as part of larger multifamily portfolios described in the listing.
The property is located beside historic Constitution Square and within blocks of Danville’s Main Street district. Downtown restaurants, shops, services, and community attractions are accessible from the property, while Ephraim McDowell Regional Medical Center is approximately 0.2 mile away. Centre College is also located along the Walnut Street corridor. The property may be acquired individually or as part of larger multifamily portfolios described in the listing.
Key Highlights
- 8‑unit apartment building with 7,040 square feet
- New roof and updated HVAC systems
- Units updated throughout
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,196
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with on-site parking and access to downtown Danville services, dining, shopping, and community amenities.
Where is this apartment building located?
The property is located at 125 E Walnut St Danville, KY.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 8‑unit apartment building with 7,040 square feet; New roof and updated HVAC systems; Units updated throughout
