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8-Unit Multifamily Property
For Sale
$665,000

388 Elmwood Dr, Radcliff, KY 40160

R6-zoned property with renovated interiors and upgraded building systems.

Property Size8,628 SF
Price / SF$77.07
Days on Market228

Property Features for 388 Elmwood Dr

General Information

Standard status Active
Size 8,628 SF
Total Parking Spaces 10
Property subtype Multifamily
Zoning R6

Additional Details

Multifamily Units 8

Amenities

Power
Water
Sewer
10 Parking Spaces

Building Details

Year Built 1978
Listing Agency: Colliers
Listed By: Desmond Martin · License #276420
Source: Kcrea.resimplifi
Added: Jan 14 Changed: Aug 28 Last Checked: Aug 29 at 6:00AM

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 Colliers

Investment Insights

Based on property information with market context.

The multifamily property at 388 Elmwood Dr. in Radcliff contains 8,628 square feet and was built in 1978. Improvements include a new roof, updated mechanical, electrical, and plumbing systems, refreshed interiors, new paint, and other capital work. Two unfinished efficiency units remain within the property for future renovation and leasing.

Select units have received rent increases, while existing vacancies provide lease-up potential. Tenants are responsible for utilities, including water. The property is positioned near Fort Knox and the Glendale BlueOval SK development corridor, within the Hardin County market.

Key Highlights

  • 8,628‑square‑foot multifamily property built in 1978
  • R6 zoning designation
  • New roof and updated mechanical, electrical, and plumbing systems

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom Veterinary Clinic

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 40160, KY

23,582
Population
9,991
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
17.1 sq mi
ZIP Area
1,379
Density / Sq Mi
$59,293
Median Household Income
$34,373
Median Earnings
$889
Median Rent
$161,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - R6-zoned property with renovated interiors and upgraded building systems.
Where is this multifamily property located?
The property is located at 388 Elmwood Dr Radcliff, KY.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 8,628‑square‑foot multifamily property built in 1978; R6 zoning designation; New roof and updated mechanical, electrical, and plumbing systems
More about this property
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