6-Unit Multifamily Investment
412 Wood Creek Dr Radcliff, KY 40160
412 Wood Creek Dr, Radcliff, KY, 40160
$410,000
For Sale
$410,000
MULTI_FAMILY - Contemporary - Radcliff, KY
Property Size3,905 SF
Price / SF$104.99
Days on Market130
Property Features for 412 Wood Creek Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 6, Bathroom 1, Bedroom 5, Bathroom 5, Bedroom 4, Bathroom 2, Bedroom 2
- Standard status
- Active
- APN
- 160-10-03-052
- Size
- 3,905 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Forced Air
- 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
Listing Agency
Homepage Realty
(502) 690-6685
8002 New LaGrange Rd, Louisville, KY
Listed by
Ashley Brown · License #214651
(502) 690-6685
Added: Mar 11 Checked: Jul 18 at 2:06 am
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.
Investment Insights
Based on property information with market context.
This 6-unit multifamily property features six 1-bedroom, 1-bath units. Each unit is individually metered, with tenants responsible for utilities including water, and every unit includes central air. Dedicated parking is provided for residents, and the landlord covers trash and lawn care. Public remarks note that five of the six units have been recently remodeled.
The property is located in Radcliff, KY (Hardin County) at 412 Wood Creek Dr, with convenient access to the Fort Knox and Elizabethtown area.
Five of the six units are currently leased, offering an investor a largely occupied setup at the time of sale.
The property is located in Radcliff, KY (Hardin County) at 412 Wood Creek Dr, with convenient access to the Fort Knox and Elizabethtown area.
Five of the six units are currently leased, offering an investor a largely occupied setup at the time of sale.
Key Highlights
- 6‑unit multifamily property with six 1‑bedroom, 1‑bath units
- Five of the six units have been recently remodeled
- All units are individually metered, with tenants responsible for utilities including water
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
NOI $31,259 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.9K
$618.6K – $824.7K
NOI $49,484 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six 1-bedroom, 1-bath units are individually metered and include central air and dedicated resident parking.
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 $410,000.
What are key features of this property?
This property features: 6‑unit multifamily property with six 1‑bedroom, 1‑bath units; Five of the six units have been recently remodeled; All units are individually metered, with tenants responsible for utilities including water
