Henderson Multifamily Turnkey
242 Shenandoah Place, Henderson, KY 42420
20-unit multifamily property with recent and ongoing capital improvements.
Type:Multifamily
Property size:
26,700 SF- Added:
- May 19, 2026
- Days on Market:
- 10
- Last Refresh:
- May 20 at 5:02 am
Property Features for 242 Shenandoah Place
General Information
- Standard status
- Active
- Size
- 26,700 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1973
Listing agent Jonathan Hawks License #TN 368811
Listing office Franklin Street Tampa
Listing date May 19, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Franklin Street Tampa
HighLights
- Turnkey multifamily community with approximately $600,000 in recent and ongoing capital improvements.
- Spacious townhome‑style floorplans averaging 1,205 square feet.
- Renovated kitchens feature granite countertops, new cabinetry, updated flooring, and modern fixtures.
- New roofs and renovated interiors throughout.
- Minimal near‑term capital needs due to ongoing improvements expected to be completed prior to closing.
- Convenient access to major employers, retail centers, and the Evansville employment base.
Overview
Shenandoah Townhomes is a 20-unit multifamily community located in Henderson. Constructed in 1973 with brick, the property features townhome-style floorplans. The units are primarily 2-bedroom, 1.5-bath layouts, averaging approximately 1,205 square feet. The property has undergone extensive upgrades, including new roofs, renovated kitchens with granite countertops and new cabinetry, updated flooring, modern fixtures, and renovated interiors throughout. Additional improvements currently in progress are expected to be completed prior to closing. The property currently achieves average rents of approximately $1,160 per unit. It benefits from convenient access to major employers, retail centers, and the broader Evansville employment base just 15–20 minutes away. The property size is 26,700 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Henderson
- State
- Kentucky
- Longitude
- -87.572193
- Latitude
- 37.8751296
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 20-unit multifamily property with recent and ongoing capital improvements.
Where is this apartment building located?
The property is located at 242 Shenandoah Place Henderson, KY.
What are key features of this property?
This property features: Turnkey multifamily community with approximately $600,000 in recent and ongoing capital improvements.; Spacious townhome‑style floorplans averaging 1,205 square feet.; Renovated kitchens feature granite countertops, new cabinetry, updated flooring, and modern fixtures.
