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10-Unit Brick Apartment Portfolio
For Sale
$1,349,900

187-243 Fugate Lane, Shepherdsville, KY 40165

Multi-Family, Shepherdsville, KY

Property SizeContact for details
Lot Size1.54 Acres
Days on Market197

Property Features for 187-243 Fugate Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 3
Elementary school Bullitt County
Middle school Bullitt County
High school Bullitt County
Directions Head West off I-65 exit 117. Fugate lane is on your left. Within 5 minutes of Exit 117.
Subdivision Bullitt County
Standard status Active
Lot size 1.54 Acres

Building Details

Year built 2005
Number of units 10
Roof type Shingle
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Added: Feb 19 Changed: Sep 2 Last Checked: Sep 4 at 3:06AM
MLS# RA20260907

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment portfolio includes 10 units arranged among three single-level duplex buildings and one fourplex. Each residence offers two bedrooms and two bathrooms. The duplex units include private driveways and yard space, while all four buildings feature all-brick construction and shingle roofs. The properties were built in 2005, and the roofs were replaced approximately 2 years ago.

The portfolio occupies 1.54 acres at 187-243 Fugate Lane in Shepherdsville, Bullitt County, Kentucky. Access to I-65 and proximity to Louisville are stated, along with placement within the Bullitt County corridor. Average rents are $1019/mo.

Key Highlights

  • 10‑unit multifamily package with three duplexes and one fourplex
  • All 10 units feature a two‑bedroom, two‑bathroom layout
  • All‑brick buildings constructed in 2005

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Restaurant Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 40165, KY

36,161
Population
15,622
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
319
Density / Sq Mi
$77,083
Median Household Income
$41,914
Median Earnings
$939
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten two-bedroom residences across four low-rise buildings, with private driveways and individual yard areas at the duplexes.
Where is this apartment building located?
The property is located at 187-243 Fugate Lane Shepherdsville, KY.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: 10‑unit multifamily package with three duplexes and one fourplex; All 10 units feature a two‑bedroom, two‑bathroom layout; All‑brick buildings constructed in 2005
More about this property
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