Downtown Triplex with Historic
For Sale
$224,900
209 S 1st Street, Nicholasville, KY 40356
MULTI_FAMILY - Nicholasville, KY
Property Size2,941 SF
Lot Size0.23 Acres
Price / SF$76.47
Days on Market48
Property Features for 209 S 1st Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1
Subdivision
Downtown
Elementary school
Nicholasville
Middle school
West Jessamine Middle School
High school
West Jess HS
Elementary school district
Jessamine County - 9
Middle school district
Jessamine County - 9
High school district
Jessamine County - 9
Directions
From Downtown Nicholasville (Main St & Oak St intersection), head south on South Main Street (US-27 Business) for approximately 0.2 miles. Turn left onto East Maple Street, then take the first right onto South 1st Street. Continue a short distance, and 209 S. 1st Street will be on your left.
Standard status
Active
APN
058-20-16-010.00
Size
2,941 SF
Lot size
0.23 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1791
Number of units
3
Listing Agency:
Building The Bluegrass Realty
(859) 201-2101
Listed By:
Randi Mjos · License #20708
(859) 539-4940
Added: Jul 20
Changed: Aug 4
Last Checked: Sep 5 at 4:06AM
MLS# 26018793
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 triplex at 209 S 1st Street contains 2,941 square feet on a 0.2336-acre parcel. Built in 1791, the property includes three bedrooms and three bathrooms, with heat pump systems providing heating and cooling. All three units are occupied under month-to-month agreements, and the residents have indicated they would like to remain. Electric service is billed separately for each unit.
The property is situated in downtown Nicholasville, with the source information identifying nearby shopping, dining, parks, and major commuter routes. Professional management has been in place for the past two years, and the property is being offered in its current condition. The building provides a three-unit configuration for an owner seeking an existing multifamily asset with flexible tenancy arrangements.
The property is situated in downtown Nicholasville, with the source information identifying nearby shopping, dining, parks, and major commuter routes. Professional management has been in place for the past two years, and the property is being offered in its current condition. The building provides a three-unit configuration for an owner seeking an existing multifamily asset with flexible tenancy arrangements.
Key Highlights
- Three‑unit multifamily property at 209 S 1st Street in downtown Nicholasville
- 2,941 square feet on a 0.2336‑acre parcel
- Built in 1791 with historic character
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 40356, KY
44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
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?
Triplex - Three occupied units with month-to-month tenancy and separately metered electric service.
Where is this triplex located?
The property is located at 209 S 1st Street Nicholasville, KY.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Three‑unit multifamily property at 209 S 1st Street in downtown Nicholasville; 2,941 square feet on a 0.2336‑acre parcel; Built in 1791 with historic character
