Four-Unit Quadplex with Individual
New
For Sale
$529,000
3426 Main Street, Stamping Ground, KY 40379
MULTI_FAMILY - Stamping Ground, KY
Property Size3,600 SF
Lot Size1.01 Acres
Price / SF$146.94
Days on Market1
Property Features for 3426 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
B-2
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 6
Subdivision
Rural
Elementary school
Stamping Ground
Middle school
Scott Co
High school
Great Crossing
Elementary school district
Scott County - 5
Middle school district
Scott County - 5
High school district
Scott County - 5
Directions
On Main Street in Stamping Ground next to the Dollar General
Standard status
Active
APN
038-00-044.000
Size
3,600 SF
Lot size
1.01 Acres
Utilities
Utilities
Propane
Heating system
Propane (Heating)
Cooling system
Central Air
Building Details
Floors in Building
2
Number of units
4
Roof type
Flat
Listing Agency:
KY Local
(859) 536-8638
Listed By:
Tonya Morrow · License #239743
(859) 285-6600
Added: Aug 6
Last Checked: Aug 6 at 9:06PM
MLS# 26021142
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 quadplex contains four units, each arranged with two bedrooms, one bathroom, an eat-in kitchen, and a family room. Separate exterior entrances provide direct access for residents and support individual maintenance access. The 3,600-square-foot building sits on 1.014 acres and includes central air conditioning, propane heating, and a flat roof.
The property is located at 3426 Main Street in Stamping Ground, Kentucky, near a Dollar General, within walking distance of a park, and close to an elementary school. The grounds also include the standing pump house associated with the former Buffalo Springs Distillery site. B-2 zoning and the four-unit configuration are additional property characteristics.
The property is located at 3426 Main Street in Stamping Ground, Kentucky, near a Dollar General, within walking distance of a park, and close to an elementary school. The grounds also include the standing pump house associated with the former Buffalo Springs Distillery site. B-2 zoning and the four-unit configuration are additional property characteristics.
Key Highlights
- Four‑unit quadplex with 2 bedrooms and 1 bathroom per unit
- 3,600 square feet on 1.014 acres
- Individual exterior entries support resident and maintenance access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,715
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,300
$614.3K
Cap Rate 7%
$438,786
$438.8K
Cap Rate 9%
$341,278
$341.3K
Market Conditions
NOI Build-Up for 3,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.8K $12.72/SF
− Vacancy
−$1.9K −$0.53/SF
EGI
$43.9K $12.19/SF
− OpEx
−$13.2K −$3.66/SF
NOI
$30.7K $8.53/SF
Area
Scott County, KY
Vacancy
4.18%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,300
Cap Rate 7%
$438,786
Cap Rate 9%
$341,278
Alternative Uses
Best Use
Multifamily LT 5
$438.8K
$383.9K – $511.9K
NOI $30,715 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$392.6K
$343.6K – $458.1K
NOI $27,485 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$912.4K
$798.3K – $1.06M
NOI $63,867 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 40379, KY
3,784
Population
1,767
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
65.5 sq mi
ZIP Area
58
Density / Sq Mi
$64,487
Median Household Income
$42,388
Median Earnings
$927
Median Rent
$223,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - B-2-zoned four-unit property with two-bedroom layouts, eat-in kitchens, family rooms, and exterior access for each unit.
Where is this quadplex located?
The property is located at 3426 Main Street Stamping Ground, KY.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2 bedrooms and 1 bathroom per unit; 3,600 square feet on 1.014 acres; Individual exterior entries support resident and maintenance access
