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48-Unit Apartment Building

3520 Alexandria Pike, Highland Heights, KY 41076

For Sale
Contact for pricing

Apartments follow a consistent two-bedroom, two-bathroom plan throughout the building.

Property Size77,338 SF
Lot Size2.00 Acres
Days on Market42

Property Features for 3520 Alexandria Pike

General Information

Standard status Active
Size 77,338 SF
Lot size 2.00 Acres
Property subtype Multifamily, Senior Living
Zoning R-3

Units

Unit Mix 48 x 2BR/2BA
Multifamily Units 48

Additional Details

Highway Access Yes

Building Details

Stories 6
Listing Agency: 3CRE Columbus
Listed By: Michael Costantini · License #KY 281226
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 4:17PM

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 3CRE Columbus

Rey
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Investment Insights

Based on property information with market context.

This 48-unit apartment property at 3520 Alexandria Pike in Highland Heights, Kentucky, spans six stories above a basement and contains 77,338 square feet on 1.997 acres. Residences average 881 square feet and each has two bedrooms and two bathrooms. Building features include ceiling-set mini-split HVAC, 3,500-amp three-phase electric service, a white TPO roof and a poured-concrete foundation. The property is zoned R-3 for multifamily use permitted by right.

The site is beside Northern Kentucky University along the US-27 corridor. A VA Medical Clinic is 0.4 miles away, and the NKY Medical Examiner and KSP Crime Lab are 0.2 miles away. Campus facilities, parks, dining and daily retail are within one mile. Six regional development projects are active within three miles. The property may be acquired individually or together with adjacent Callahan Hall.

Key Highlights

  • 48 apartments across six stories and a basement
  • 77,338 square feet on 1.997 acres
  • Two‑bedroom, two‑bathroom units averaging 881 square feet

Property Analytics

Lease Details

48
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby

Demographics for 41076, KY

17,440
Population
7,729
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
95%
High-School Grad
19.2 sq mi
ZIP Area
908
Density / Sq Mi
$72,387
Median Household Income
$36,301
Median Earnings
$1,132
Median Rent
$203,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartments follow a consistent two-bedroom, two-bathroom plan throughout the building.
Where is this apartment building located?
The property is located at 3520 Alexandria Pike Highland Heights, KY.
What are key features of this property?
This property features: 48 apartments across six stories and a basement; 77,338 square feet on 1.997 acres; Two‑bedroom, two‑bathroom units averaging 881 square feet
(513) 383-8413 Call to check price and availability
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