Building Details

Tenancy Multi

Listing Agency: RE/MAX Elite Realty

Listed By: Kristy Gooch · License #KY 57149 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Sep 4 at 7:42AM

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Investment Insights

Based on property information with market context.

This mixed-use income property combines commercial and residential space within a single building. The first floor includes two separate businesses: a dance/gymnastics area and an art studio, and each area has a full bathroom. The upstairs level contains four apartments, including three one-bedroom units and one two-bedroom unit.

The building is served by two HVAC units and one large hot water heater. Some apartments also use window units. The first-floor commercial areas could be converted to residential use, or the interior wall could be removed to create one larger business space.

Overall, the layout provides flexibility for a buyer seeking both income-producing apartments and dedicated first-floor business space in the same structure.

Key Highlights

• Two businesses on the first floor include a dance/gymnastics area and an art studio, with a full bathroom for each area
• Upstairs has four apartments: three 1‑bedroom units and one 2‑bedroom unit
• Building is served by 2 HVAC units and includes one large hot water heater

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery HVAC Service Real Estate Agency

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

4

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

314

Businesses Nearby

Explore this area Business Placement

Demographics for 40380, KY

7,067

Population

2,850

Households

2.5

Avg Household Size

41

Median Age

20%

College-Educated

87%

High-School Grad

122.0 sq mi

ZIP Area

58

Density / Sq Mi

$40,531

Median Household Income

$27,665

Median Earnings

$768

Median Rent

$133,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Two businesses occupy the first floor, with four apartments upstairs, supported by shared HVAC and hot water.

Where is this quadplex located?

The property is located at 212 Washington St Stanton, KY.

What are key features of this property?

This property features: Two businesses on the first floor include a dance/gymnastics area and an art studio, with a full bathroom for each area; Upstairs has four apartments: three 1‑bedroom units and one 2‑bedroom unit; Building is served by 2 HVAC units and includes one large hot water heater