Building Details

Year Built 1951

Buildings 1

Stories 2

Listing Agency: Sallie Davidson, Realtors t***@gmail.com Show Phone

Listed By: Donna White · License #248302

Source: Centralkentuckyhouses

Added: Aug 24 Changed: Aug 31 Last Checked: Aug 31 at 5:47PM

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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 Sallie Davidson, Realtors

Investment Insights

Based on property information with market context.

This 3,000-square-foot, two-story mixed-use property, built in 1951, combines residential units with adaptable ground-floor space. The upper level contains two apartments, each with two bedrooms, one bathroom, an open living and kitchen arrangement, and laundry space. The lower level includes a half bathroom, washer and dryer hookups, two expansive open areas, garage doors, and separate entrances. The layout also provides space that could be converted into as many as two additional apartments.

Exterior space includes room for a small mobile home, with hookups already installed. The property is situated along N Hwy 421 in Manchester, offering a combination of residential and commercial configurations for an owner or investor. The property is being sold as-is.

Key Highlights

• 3,000 square feet on two levels; built in 1951
• Two upstairs apartments, each with 2 bedrooms and 1 bath
• Each apartment includes open living and kitchen areas plus laundry space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Pet Grooming Service Law Firm Food Market Department 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

2

Residential units

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 40962, KY

17,714

Population

7,385

Households

2.4

Avg Household Size

41

Median Age

17%

College-Educated

74%

High-School Grad

338.9 sq mi

ZIP Area

52

Density / Sq Mi

$39,694

Median Household Income

$31,919

Median Earnings

$713

Median Rent

$95,100

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Two upstairs apartments complement flexible commercial space and additional mobile-home hookups.

Where is this mixed-use property located?

The property is located at 3712 N Hwy 421 Manchester, KY.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: 3,000 square feet on two levels; built in 1951; Two upstairs apartments, each with 2 bedrooms and 1 bath; Each apartment includes open living and kitchen areas plus laundry space