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Multifamily Portfolio in Shepherdsville
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187 Fugate Ln, Shepherdsville, KY 40165

Fully occupied 10-unit multifamily portfolio in Bullitt County corridor.

Property SizeContact for details
Days on Market181

Property Features for 187 Fugate Ln

General Information

Standard status Active
Class B
Property subtype Multifamily
Occupancy 100%

Building Details

Year Built 2005
Buildings 4
Units 10
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Source: Crexi
Added: Feb 20 Changed: Aug 8 Last Checked: Aug 19 at 8:50PM

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 Crye-Leike Executive Realty

Investment Insights

Based on property information with market context.

This offering features a fully occupied 10-unit multifamily portfolio located at 187–243 Fugate Lane in Shepherdsville. The property includes three single-level duplex buildings and one fourplex, constructed in 2005. The buildings feature all-brick exteriors and new roofs installed approximately two years ago. Each unit has a two-bedroom, two-bathroom layout, private driveways, and yard space. The property has separate metering and a strong rental history. The location is in a high-demand rental market, minutes from I-65 and a short drive to Louisville. The gross annual income is $122,340, with average rents around $1,019 per month.

Key Highlights

  • Fully occupied 10‑unit multifamily portfolio providing immediate and stable cash flow.
  • Located in the rapidly expanding Bullitt County corridor, a high‑demand rental market.
  • Durable all‑brick construction and new roofs (approximately 2 years old) minimize maintenance.

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.

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 10-unit multifamily portfolio in Bullitt County corridor.
Where is this apartment building located?
The property is located at 187 Fugate Ln 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: Fully occupied 10‑unit multifamily portfolio providing immediate and stable cash flow.; Located in the rapidly expanding Bullitt County corridor, a high‑demand rental market.; Durable all‑brick construction and new roofs (approximately 2 years old) minimize maintenance.
(270) 781-3377 Call to check price and availability
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