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    Radcliff Multifamily Investment Opportunity Title is generated by Realmo AI

    412 Wood Creek Dr, Radcliff, KY 40160

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    Claim this Listing
    For Sale
    $435,000

    MULTI_FAMILY - Contemporary - Radcliff, KY

    Type:Apartment
    Property size:
    3,905 SF
    Price / SF:
    $111/SF
    Added:
    Mar 11, 2026
    Days on Market:
    106
    Last Refresh:
    Jun 24 at 10:06 am

    Property Features for 412 Wood Creek Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
    Standard status
    Active
    APN
    160-10-03-052
    Size
    3,905 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1983
    Number of units
    6
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Ashley Brown
    Ashley Brown

    Listing agent Ashley Brown License #214651

    Listing office Homepage Realty 8002 New LaGrange Rd, Louisville, KY

    Listing date Mar 11, 2026

    MLS# 1711118 Listing URL

    Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6‑unit multifamily property built in 1983 with contemporary architectural style
    • All units are 1‑bedroom, 1‑bath and individually metered; tenants pay all utilities including water
    • Central air in every unit; heating includes forced air with natural gas and electric heating
    • Five of six units have been recently remodeled
    • Five units are currently leased, providing immediate rental income
    • Landlord pays trash and lawn care; dedicated resident parking on site

    Overview

    This 6-unit multifamily property in Radcliff, Kentucky, presents an investment opportunity. Five of the six units have been recently remodeled with updated interiors. The building comprises six 1-bedroom, 1-bathroom units. Each unit is individually metered, with tenants responsible for all utilities, including water. Each unit includes central air, and the property provides dedicated parking for residents. The landlord is responsible for trash and lawn care. Five of the six units are currently leased. The property is located near Fort Knox and Elizabethtown. The property size is 3,905 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $59.5k $15.24
    − Vacancy −$2.7k −$0.69
    EGI $56.8k $14.55
    − OpEx −$25.6k −$6.55
    NOI $31.3k $8.00
    3,905 SF · lease $15.24/SF/yr · vacancy 4.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $446.6K
    $390.7K – $521.0K (±1% cap)
    NOI $31,259 @ 7.0% cap · market cap 7.19%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $706.9K
    $618.6K – $824.7K (±1% cap)
    NOI $49,484 @ 7.0% cap · market cap 11.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Radcliff
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.946066
    Latitude
    37.842679

    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in Radcliff, near Fort Knox.
    Where is this apartment building located?
    The property is located at 412 Wood Creek Dr Radcliff, KY.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: 6‑unit multifamily property built in 1983 with contemporary architectural style; All units are 1‑bedroom, 1‑bath and individually metered; tenants pay all utilities including water; Central air in every unit; heating includes forced air with natural gas and electric heating
    More about this property
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