Remodeled
For Sale
$319,900
409-411 Longview Dr, Nicholasville, KY 40356
Residential Income, Nicholasville, KY
Property Size2,516 SF
Lot Size0.21 Acres
Price / SF$127.15
Days on Market48
Property Features for 409-411 Longview Dr
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Laundry Room, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3
Parking
6
Elementary school
Red Oak
Middle school
East Jessamine Middle School
High school
East Jess HS
Elementary school district
Jessamine County - 9
Middle school district
Jessamine County - 9
High school district
Jessamine County - 9
Directions
Left on Main Street. left in front of Kroger store on Longview Drive. Property is on the right.
Subdivision
009 - Jessamine County
Standard status
Active
APN
059100303700
Size
2,516 SF
Lot size
0.21 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1992
Floors in Building
2
Number of units
2
Roof type
Metal
Listing Agency:
Charles Collins Real Estate
(859) 885-9446
Listed By:
Bobby Perkins
(859) 338-5449
Added: Aug 28
Changed: Oct 12
Last Checked: Oct 14 at 6:06AM
MLS# 26023566
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 duplex contains 2,516 square feet within a 0.208-acre lot and includes 6 bedrooms, 4 bathrooms, and a laundry room. The right-side unit has been completely remodeled, while the property was built by its present owner.
Constructed in 1992, the building has a metal roof, heat pump heating, and central air conditioning. The property is located at 409-411 Longview Dr in Nicholasville, Kentucky, within Jessamine County.
Constructed in 1992, the building has a metal roof, heat pump heating, and central air conditioning. The property is located at 409-411 Longview Dr in Nicholasville, Kentucky, within Jessamine County.
Key Highlights
- 2,516‑square‑foot duplex on a 0.208‑acre lot
- Six bedrooms and four bathrooms
- Right‑side unit completely remodeled
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,466
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,320
$429.3K
Cap Rate 7%
$306,657
$306.7K
Cap Rate 9%
$238,511
$238.5K
Market Conditions
NOI Build-Up for 2,516 SF
Gross rent
$32.0K $12.72/SF
− Vacancy
−$1.3K −$0.53/SF
EGI
$30.7K $12.19/SF
− OpEx
−$9.2K −$3.66/SF
NOI
$21.5K $8.53/SF
Area
Jessamine 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 Rate 5%
$429,320
Cap Rate 7%
$306,657
Cap Rate 9%
$238,511
Alternative Uses
Best Use
Multifamily LT 5
$306.7K
$268.3K – $357.8K
NOI $21,466 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$274.4K
$240.1K – $320.2K
NOI $19,209 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$637.7K
$558.0K – $743.9K
NOI $44,636 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 40356, KY
44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - One side has been completely remodeled, with heat pump heating and central air conditioning serving the property.
Where is this duplex located?
The property is located at 409-411 Longview Dr Nicholasville, KY.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 2,516‑square‑foot duplex on a 0.208‑acre lot; Six bedrooms and four bathrooms; Right‑side unit completely remodeled
