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Historic Apartment Building with 3 Units
For Sale
$200,000

402 E Wayne Street, Glasgow, KY 42141

Multi-Family, Glasgow, KY

Property SizeContact for details
Lot Size0.45 Acres
Days on Market262

Property Features for 402 E Wayne Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 3
Elementary school South Green
Middle school Glasgow
High school Glasgow
Directions South Morgan St to E Wayne St.
Subdivision Glasgow
Standard status Active
Lot size 0.45 Acres

Building Details

Number of units 3
Listing Agency: NextHome Realty Experts
Listed By: Connor Raymer · License #242785
Added: Dec 7, 2025 Changed: Aug 19 Last Checked: Aug 26 at 11:06AM
MLS# RA20256949

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.

Apartment building offering multiple purchase configurations, with five total units on a 0.45-acre lot. Buyers may purchase the historic main home with three units, the pair of studio-style units sold together, or the entire five-unit package as one investment.

The main historic home includes two 1-bedroom units and one 2-bedroom unit. Interior features include preserved architectural charm, 10-foot ceilings, brand new windows, original hardwood floors, and newly updated kitchens with new appliances.

Located at 402 E Wayne Street in the heart of downtown Glasgow, the property is within walking distance to shopping, dining, and local amenities.

Key Highlights

  • Five total units with multiple purchase configurations: main home, studio pair, or full package
  • Main historic home has three units: two 1‑bedroom and one 2‑bedroom
  • 0.45‑acre lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office HVAC Service Plumbing Service Computer & Electronic Repair Grocery & Convenience Store Kitchen & Bath Showroom

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

Demographics for 42141, KY

32,207
Population
14,385
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
268.5 sq mi
ZIP Area
120
Density / Sq Mi
$51,188
Median Household Income
$35,094
Median Earnings
$833
Median Rent
$170,700
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 - Historic main home offers three units with 10-foot ceilings, new windows, and updated kitchens in downtown Glasgow.
Where is this apartment building located?
The property is located at 402 E Wayne Street Glasgow, KY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Five total units with multiple purchase configurations: main home, studio pair, or full package; Main historic home has three units: two 1‑bedroom and one 2‑bedroom; 0.45‑acre lot
More about this property
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