19-Unit Income Apartment
For Sale
$475,000
202 S College Street, Harrodsburg, KY 40330
COMMERCIAL - Harrodsburg, KY
Property Size8,008 SF
Lot Size0.19 Acres
Price / SF$59.32
Days on Market545
Property Features for 202 S College Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Zoning description
Commercial
Parking
5
Security features
Security System
Subdivision
Downtown
Directions
On the corner of Curry Avenue and College Street.
Standard status
Active
APN
100.60-09003.00
Size
8,008 SF
Lot size
0.19 Acres
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Steam, Natural Gas
Cooling system
Window Unit(s)
Building Details
Year built
1910
Floors in Building
3
Building materials
Stucco
Roof type
Metal
Listing Agency:
RM McGinnis, LLC Real Est & Auction Professionals
(859) 734-7770
Listed By:
Jared H Ervin · License #281154
(859) 247-0278
Added: Feb 7, 2025
Changed: Aug 4
Last Checked: Aug 6 at 10:06PM
MLS# 26001844
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.
Investment Insights
Based on property information with market context.
This for-sale multifamily income building offers 19 apartment units in a well-maintained, turnkey configuration. The property is a former hospital structure converted to apartments in the 1950s and has been under the current ownership since 1996. Improvements include a new roof in 2024, along with updated plumbing and electrical systems. Heating is provided by a gas boiler, and the building uses window A/C units. Electrical service is reported as 300-amp, and the sale is being offered as-is.
The property is located at 202 S College Street in Harrodsburg, Kentucky, and is zoned B-2. Street parking is available, and the building has historically operated at approximately 90% occupancy with a reliable rent roll, with gas boiler heat and established tenant occupancy described as primarily elderly tenants on Social Security. Local property management is available, and the listing notes no known major deferred maintenance. The seller requires a clean exit and does not offer seller financing.
The property is located at 202 S College Street in Harrodsburg, Kentucky, and is zoned B-2. Street parking is available, and the building has historically operated at approximately 90% occupancy with a reliable rent roll, with gas boiler heat and established tenant occupancy described as primarily elderly tenants on Social Security. Local property management is available, and the listing notes no known major deferred maintenance. The seller requires a clean exit and does not offer seller financing.
Key Highlights
- 19‑unit income property in downtown Harrodsburg with approx. 8,000 sq ft building
- Generates around $8,900/month in gross rent (historically ~90% occupancy with a reliable rent roll)
- Originally built as a hospital; converted to apartments in the 1950s (current ownership since 1996)
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
90%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 40330, KY
20,440
Population
9,559
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
91%
High-School Grad
220.8 sq mi
ZIP Area
93
Density / Sq Mi
$61,804
Median Household Income
$38,075
Median Earnings
$780
Median Rent
$187,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 19-unit apartment income property with updated systems, new roof, and street parking nearby.
Where is this apartment building located?
The property is located at 202 S College Street Harrodsburg, KY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 19‑unit income property in downtown Harrodsburg with approx. 8,000 sq ft building; Generates around $8,900/month in gross rent (historically ~90% occupancy with a reliable rent roll); Originally built as a hospital; converted to apartments in the 1950s (current ownership since 1996)
