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Renovated Triplex Apartment Building
For Sale
$515,000

414 Central Avenue, South Williamson, KY 41503

MULTI_FAMILY - South Williamson, KY

Property Size4,004 SF
Lot Size0.16 Acres
Price / SF$128.62
Days on Market104

Property Features for 414 Central Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 6
Window features Double Pane Windows
Interior features Cable/DSL Available
Exterior features Concrete Drive
Appliances Dishwasher, Microwave, Refrigerator, Stove
High school Belfry
Directions From the intersection of US 23 & 119, take US 119 approx. 25 miles to South Williamson, turn left onto 292, go 800 feet, turn left onto Central Avenue, go approx 900 feet, property on the left. Sign posted.
Subdivision Pike
Standard status Active
Size 4,004 SF
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

parking underneath
elevator

Building Details

Year built 1982
Number of units 3
Roof type Metal
Architectural style Other
Listing Agency: AAA Real Estate Services
Listed By: Shirley Blackburn
Added: May 15 Changed: Aug 3 Last Checked: Aug 26 at 8:06AM
MLS# 128673

Copyright © 2026 Eastern Kentucky 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 3-unit apartment complex offers fully renovated residential units. The property includes two 3-bedroom, 2-bath apartments and one 2-bedroom, 2-bath apartment. Each unit is described as having fresh interiors and updated features. On-site amenities include parking underneath the building and an elevator designed to provide easy access to all units.

The building is located on Central Avenue in South Williamson, Kentucky, in a convenient, high-traffic area. It is positioned minutes from the Hatfield-McCoy Trail System and South Side Mall, supporting its visibility and everyday accessibility.

For investors or owner-operators seeking move-in-ready rental housing, the unit mix provides flexibility, with larger 3-bedroom options alongside a smaller 2-bedroom plan. Elevator service and under-building parking add to day-to-day usability for residents. With all units presented as renovated and updated, the property is positioned for straightforward occupancy planning based on the existing apartment configurations.

Key Highlights

  • 3‑unit apartment complex in South Williamson, KY
  • Unit mix: two 3‑BR, 2‑bath units and one 2‑BR, 2‑bath unit
  • Each unit fully renovated with fresh interiors and updated features

Property Analytics

Current Use

Liu Jenq-Sheng MD Community Health Centre

Suggested Use

Top Pick Real Estate Agency Electrical Service Bakery (Bike/Boat/Book/etc) Store Storage Facility HVAC Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

Demographics for 41503, KY

552
Population
199
Households
2.8
Avg Household Size
42
Median Age
14%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
240
Density / Sq Mi
$116,027
Median Household Income
$68,846
Median Earnings
$167,400
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?
Triplex - Three renovated apartment units include two 3-bedroom layouts and one 2-bedroom unit, with elevator access and covered parking.
Where is this triplex located?
The property is located at 414 Central Avenue South Williamson, KY.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 3‑unit apartment complex in South Williamson, KY; Unit mix: two 3‑BR, 2‑bath units and one 2‑BR, 2‑bath unit; Each unit fully renovated with fresh interiors and updated features
More about this property
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