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17-Unit Apartment Building

1350 S Main Street, London, KY 40741

For Sale
New
$625,000

Commercial Sale, London, KY

Property Size8,100 SF
Lot Size1.00 Acre
Price / SF$77.16
Days on Market5

Property Features for 1350 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Zoning description Commercial
Parking 17
Parking features Open
Subdivision City Limits
Directions From I-75 exit 38, head East on KY-192 for 1.7 miles. Turn left onto S. Main St. for .05 miles. Destination on the right.
Standard status Active
APN 063-10-00-061.00
Size 8,100 SF
Lot size 1.00 Acre

Utilities

Heating system Ductless (Heating), Electric (Heating)
Cooling system Wall Unit(s)

Amenities

tankless water heater
recirculating pump
security lighting and cameras

Building Details

Year built 1971
Floors in Building 1
Roof type Shingle
Listing Agency: CENTURY 21 Advantage Realty · Century 21 Real Estate
Listed By: Amanda M Heuser · License KY #223300
Added: Nov 9 Changed: Nov 13 Last Checked: Nov 13 at 4:06AM
MLS# 26031186

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.

Rey
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Investment Insights

Based on property information with market context.

This 17-unit apartment property contains 8,100 square feet on a one-acre parcel and was built in 1971. Building features include a 199,000 BTU tankless water heater with a recirculating pump, security cameras and lighting, and upgraded flooring and exterior paint. Heating is provided by ductless electric systems, with wall-unit cooling. The site also has open parking and a shingle roof.

The property fronts Route 25, also known as South Main Street, in London, Kentucky. It is zoned C-2. The listing reports a history of full occupancy.

Key Highlights

  • 17 apartments in an 8,100‑square‑foot building
  • One‑acre parcel zoned C‑2
  • Frontage on Route 25 (South Main Street) in London, KY

Property Analytics

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Lease Details

17
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 40741, KY

23,327
Population
10,344
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
207.6 sq mi
ZIP Area
112
Density / Sq Mi
$60,417
Median Household Income
$38,078
Median Earnings
$825
Median Rent
$155,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property occupies a one-acre parcel zoned C-2.
Where is this apartment building located?
The property is located at 1350 S Main Street London, KY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 17 apartments in an 8,100‑square‑foot building; One‑acre parcel zoned C‑2; Frontage on Route 25 (South Main Street) in London, KY
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