133-139 Grinder Court, Nicholasville, KY 40356
MULTI_FAMILY - Nicholasville, KY
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 4:06 pm
Property Features for 133-139 Grinder Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Laundry Room, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 2
- Standard status
- Active
- APN
- 047-30-13-025.00
- Size
- 3,462 SF
- Lot size
- 0.29 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 2001
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
Listing agent Christina M Dudek License #276308 (859) 312-0588
Listing office Coldwell Banker McMahan 2350 Regency Road, Ste C, Richmond, KY (859) 266-1800
Listing date Jun 15, 2026
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.
HighLights
- Quadraplex in Nicholasville, located just off Short Shun
- Each of the 4 units has 2 bedrooms and 1 bathroom
- Each unit includes its own laundry/utility room
- Parking lot was recently paved
- Built in 2001
- Electric heat and electric cooling; shingle roof
Overview
The building is located in Nicholasville, Kentucky at 133-139 Grinder Court (40356) in Jessamine County. The property is described as being just off Short Shun, providing convenient local access to the surrounding area.
For buyers seeking a small multifamily investment, this layout offers multiple independent units while keeping the unit mix consistent across the property. The in-unit laundry/utility feature is a practical amenity for tenants, and the recently paved parking supports straightforward resident parking. The quadplex format can also appeal to owner-operators who prefer managing a smaller number of units while maintaining repeatable unit design across the building.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.0k | $12.72 |
| − Vacancy | −$1.8k | −$0.53 |
| EGI | $42.2k | $12.19 |
| − OpEx | −$12.7k | −$3.66 |
| NOI | $29.5k | $8.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Nicholasville
- County
- Jessamine
- State
- Kentucky
- Longitude
- -84.594311
- Latitude
- 37.860578
