3-Unit Triplex with Rear
For Sale
$350,000
135 E Broadway Street, Winchester, KY 40391
Residential, Winchester, KY
Property Size2,592 SF
Lot Size0.29 Acres
Price / SF$135.03
Days on Market57
Property Features for 135 E Broadway Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 3, Kitchen, Bedroom 2, Bathroom 1, Bedroom 1
Parking features
Driveway
Fencing
Chain Link
Appliances
Refrigerator, Cooktop, Refrigerator, Cooktop
Elementary school
Shearer
Middle school
Robert Campbell
High school
GRC
Elementary school district
Clark County - 7
Middle school district
Clark County - 7
High school district
Clark County - 7
Directions
From Main Street in Winchester turn on East Broadway. Apartments will be on the left.
Subdivision
007 - Clark County
Standard status
Active
APN
054-3228-004-00
Size
2,592 SF
Lot size
0.29 Acres
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Amenities
deck
Building Details
Flooring type
Carpet, Tile - Ceramic
Building materials
Brick
Roof type
Shingle
Listing Agency:
Dream Maker Realty, LLC
(859) 404-3384
Listed By:
Dale Hatton
(859) 556-0330
Added: Sep 2
Changed: Oct 18
Last Checked: Oct 28 at 3:06AM
MLS# 26024167
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.
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Investment Insights
Based on property information with market context.
This 2,592-square-foot brick triplex contains three apartments, all currently rented. The ground-floor unit has a living room, kitchen, and bathroom. Each of the two upstairs apartments includes a bedroom, living room, kitchen, and bathroom. A large deck extends behind the building.
The property occupies a 0.29-acre lot at 135 E Broadway Street in Winchester, Kentucky. Building features include ceramic tile and carpet flooring, baseboard heat, window-unit cooling, and a shingle roof. Public water and sewer serve the property, and driveway parking is provided. A chain-link fence is also present.
The property occupies a 0.29-acre lot at 135 E Broadway Street in Winchester, Kentucky. Building features include ceramic tile and carpet flooring, baseboard heat, window-unit cooling, and a shingle roof. Public water and sewer serve the property, and driveway parking is provided. A chain-link fence is also present.
Key Highlights
- Three apartments, all currently rented
- 2,592‑square‑foot brick triplex on a 0.29‑acre lot
- Ground‑floor apartment with living room, kitchen, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,114
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,280
$442.3K
Cap Rate 7%
$315,914
$315.9K
Cap Rate 9%
$245,711
$245.7K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$33.0K $12.72/SF
− Vacancy
−$1.4K −$0.53/SF
EGI
$31.6K $12.19/SF
− OpEx
−$9.5K −$3.66/SF
NOI
$22.1K $8.53/SF
Area
Clark County, KY
Vacancy
4.18%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,280
Cap Rate 7%
$315,914
Cap Rate 9%
$245,711
Alternative Uses
Best Use
Multifamily LT 5
$315.9K
$276.4K – $368.6K
NOI $22,114 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$282.7K
$247.4K – $329.8K
NOI $19,789 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$656.9K
$574.8K – $766.4K
NOI $45,984 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 40391, KY
36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - All three apartments are rented, and the upper units each include a bedroom, living room, kitchen, and bathroom.
Where is this triplex located?
The property is located at 135 E Broadway Street Winchester, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three apartments, all currently rented; 2,592‑square‑foot brick triplex on a 0.29‑acre lot; Ground‑floor apartment with living room, kitchen, and bathroom
