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Apartment Building Under Renovation

4314 Mackville Road, Harrodsburg, KY 40330

For Sale
$562,500

Commercial Sale, Harrodsburg, KY

Property Size6,933 SF
Lot Size5.60 Acres
Price / SF$81.13
Days on Market426

Property Features for 4314 Mackville Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description A3
Rooms Basement
Basement Walk-Out Access, Partially Finished, Exterior Entry
Subdivision Rural
Directions From Bluegrass Parkway Take exit 59A onto US 127 South toward Harrodsburg, Danville Go 15 Miles Turn right onto Mooreland Avenue Go .2 milies Take a slight right onto Mooreland Avenue Go 4.1 miles Turn right into parking lot
Standard status Active
APN 028.00001.00
Size 6,933 SF
Lot size 5.60 Acres

Utilities

Utilities Water Available
Sewer type Septic Tank
Heating system Ceiling, Forced Air
Cooling system Central Air

Building Details

Year built 1930
Floors in Building 1
Building materials Vinyl Siding
Roof type Metal
Buildings 3
Listing Agency: SimpliHOM
Listed By: Tamara Hurst · License KY #272958
Added: Sep 11, 2025 Changed: Oct 30 Last Checked: Nov 10 at 5:06PM
MLS# 25501193

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.

Rey
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Investment Insights

Based on property information with market context.

This 6,933-square-foot former school building is undergoing renovation for apartment use, with 10 bathrooms and kitchen areas planned. The property includes a basement, vinyl siding, a metal roof, forced-air and ceiling heating, central air, water available, and a septic tank. Construction dates to 1930.

The 5.6-acre property also includes two separate structures identified as a former classroom and a large garage. These buildings add functional space beyond the main structure, while the surrounding rural setting provides a substantial land component for the planned residential conversion.

Located in Harrodsburg, Kentucky, the property is offered as an in-progress multifamily redevelopment with existing improvements and additional outbuildings.

Key Highlights

  • 6,933‑square‑foot former school building undergoing apartment conversion
  • 5.6‑acre property in Harrodsburg, KY
  • 10 bathrooms and kitchen areas planned

Property Analytics

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Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 40330, KY

20,440
Population
9,559
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
91%
High-School Grad
220.8 sq mi
ZIP Area
93
Density / Sq Mi
$61,804
Median Household Income
$38,075
Median Earnings
$780
Median Rent
$187,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Former school property undergoing apartment conversion with additional buildings on a rural acreage parcel.
Where is this apartment building located?
The property is located at 4314 Mackville Road Harrodsburg, KY.
What is the asking price?
The asking price for this property is $562,500.
What are key features of this property?
This property features: 6,933‑square‑foot former school building undergoing apartment conversion; 5.6‑acre property in Harrodsburg, KY; 10 bathrooms and kitchen areas planned
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