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20-Unit Apartment Buildings
For Sale
$3,000,000

623 & 625 Westport Road, Elizabethtown, KY 42701

Multi-Family, Elizabethtown, KY

Property SizeContact for details
Lot Size1.00 Acre
Days on Market467

Property Features for 623 & 625 Westport Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 7, Bedroom 10, Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 6, Bedroom 3, Bedroom 11, Bedroom 12, Bedroom 9, Bedroom 5, Bedroom 4, Bathroom 5
Parking 20
Parking features Parking Lot, Carport
Interior features Ceiling Fan(s)
Exterior features Concrete Walks, Outdoor Lighting, Storage Building
Subdivision Wise Lan
Lot features In City Limits, Sidewalks
Directions From I-65 take EXIT 91 to merge onto the Western KY Parkway. Continue on the parkway then take EXIT 136 onto Bypass US-31 toward Elizabethtown. Travel for 2 miles, then turn right onto St. John Rd., then immediately turn left onto Westport Rd. Property is on the right.
Standard status Active
Lot size 1.00 Acre

Amenities

storage units

Building Details

Year built 1983
Number of units 20
Roof type Metal
Additional Structures Storage
Listing Agency: Green Team Real Estate Services
Listed By: Carrie Davis · License #223283
Added: May 29, 2025 Changed: Sep 6 Last Checked: Sep 7 at 12:06PM
MLS# HK25002163

Copyright © 2026 Heart of 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 multifamily property comprises 20 apartment units across two all-brick buildings with metal roofs, plus two storage buildings with attached carports. The unit mix includes 12 two-bedroom apartments with washer and dryer hookups and central heating and cooling, along with 8 one-bedroom apartments served by individual heating and cooling systems. Every unit has been updated within the last 10 years, and all but 5 units received additional updates more recently.

The property occupies 1 acre within Elizabethtown city limits at 623 & 625 Westport Road. Parking is positioned in front of each apartment building, with additional carport parking available. Concrete walks, outdoor lighting, ceiling fans, and on-site storage buildings are also included. The buildings were constructed in 1983 and feature metal roofing.

Key Highlights

  • 20 apartment units in a 12 two‑bedroom and 8 one‑bedroom mix
  • Two all‑brick apartment buildings with metal roofs
  • All units updated within the last 10 years; all but 5 received more recent updates

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby

Demographics for 42701, KY

52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two all-brick residential buildings with updated units, on-site storage, carports, and centralized tenant parking.
Where is this apartment building located?
The property is located at 623 & 625 Westport Road Elizabethtown, KY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 20 apartment units in a 12 two‑bedroom and 8 one‑bedroom mix; Two all‑brick apartment buildings with metal roofs; All units updated within the last 10 years; all but 5 received more recent updates
More about this property
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