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242-282 Shenandoah Pl, Henderson, KY, 42420
Turnkey Townhome-Style Multifamily

242-282 Shenandoah Pl Henderson, KY 42420

For Sale
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Twenty-unit brick community with extensive recent and in-progress capital improvements, including unit and interior renovations.

Days on Market71

Property Features for 242-282 Shenandoah Pl

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1973
Listing Agency:
Listed By: Cade Jaggers · License #TN #383716
Source: Franklinst
Added: May 14 Changed: Jul 23 Last Checked: Jul 23 at 7:14AM

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 Cade Jaggers


Investment Insights

Based on property information with market context.

Shenandoah Townhomes is a turnkey 20-unit multifamily community featuring townhome-style floorplans in a durable brick building constructed in 1973. Recent and ongoing capital improvements totaling approximately $600,000 include new roofs, renovated kitchens with new cabinetry and granite countertops, updated flooring, modern fixtures, and renovated interiors throughout. Additional capital projects currently in progress are expected to be completed prior to closing, including installation of 30+ new windows and renovation of the onsite duplex.

The unit mix is primarily 2 bed / 1.5 bath townhome-style layouts, with additional 3-bedroom units. Spacious floorplans range from approximately 1,000 to 1,400 square feet, supporting a competitive tenant offering within the Henderson market. The community is located about 15–20 minutes (approximately 11 miles) from Evansville, Indiana, providing access to the Evansville MSA’s employment, retail, and healthcare hubs.

Notable nearby employers and institutions mentioned include Deaconess Henderson Hospital, Gibbs Die Casting, Audubon Metals, and Tyson Foods, along with regional retail corridors including Walmart Supercenter, Lowe’s, and Target.

Key Highlights

  • 20‑unit multifamily community built in 1973 with durable brick construction
  • Approximately $600,000 in recent and ongoing capital improvements, including new roofs and interior upgrades
  • Unit renovations include full kitchen remodels with granite countertops and new cabinetry, plus updated flooring and modern fixtures

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Building Supply Real Estate Agency Dental Office Kitchen & Bath Showroom Nail Salon (Bike/Boat/Book/etc) Store Computer & Electronic Repair Storage Facility Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Twenty-unit brick community with extensive recent and in-progress capital improvements, including unit and interior renovations.
Where is this apartment building located?
The property is located at 242-282 Shenandoah Pl Henderson, KY.
What are key features of this property?
This property features: 20‑unit multifamily community built in 1973 with durable brick construction; Approximately $600,000 in recent and ongoing capital improvements, including new roofs and interior upgrades; Unit renovations include full kitchen remodels with granite countertops and new cabinetry, plus updated flooring and modern fixtures
More about this property
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