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Six-Unit Brick Apartment Building
For Sale
$749,900

261 Fugate Lane, Shepherdsville, KY 40165

Multi-Family, Shepherdsville, KY

Property SizeContact for details
Lot Size0.62 Acres
Days on Market196

Property Features for 261 Fugate Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Elementary school Bullitt County
Middle school Bullitt County
High school Bullitt County
Directions Head West off I-65 exit 117. Fugate lane is on your left. Within 5 minutes of Exit 117.
Subdivision Bullitt County
Standard status Active
Lot size 0.62 Acres

Building Details

Year built 2005
Number of units 6
Roof type Shingle
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Added: Feb 19 Changed: Sep 2 Last Checked: Sep 3 at 5:06PM
MLS# RA20260906

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. 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.

Built in 2005, this apartment property contains six units, each configured with two bedrooms and two bathrooms. The buildings feature all-brick construction and shingle roofing, with the roof installed 2 years ago. The property occupies 0.62 acres at 261 Fugate Lane in Shepherdsville, Kentucky.

The location provides access to Interstate 65 and places the property within Bullitt County, with proximity to Louisville and major employers. The unit layouts, durable exterior construction, and recent roof replacement provide a clearly defined physical profile for multifamily ownership.

Key Highlights

  • Six apartment units, each with 2 bedrooms and 2 bathrooms
  • All‑brick construction with shingle roofing
  • Roof installed 2 years ago

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Restaurant Kitchen & Bath Showroom Grocery & Convenience Store

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 40165, KY

36,161
Population
15,622
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
319
Density / Sq Mi
$77,083
Median Household Income
$41,914
Median Earnings
$939
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - All units offer a two-bedroom, two-bath layout in a brick-built property.
Where is this apartment building located?
The property is located at 261 Fugate Lane Shepherdsville, KY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Six apartment units, each with 2 bedrooms and 2 bathrooms; All‑brick construction with shingle roofing; Roof installed 2 years ago
More about this property
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