Four-Unit Multifamily
New
For Sale
$529,000
7017 Main St, Westport, KY 40077
Multi Family, Westport, KY
Property Size4,665 SF
Lot Size1.60 Acres
Price / SF$113.40
Days on Market5
Property Features for 7017 Main St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bedroom 8, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 7, Basement, Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 1
Patio and Porch features
Deck, Porch
Directions
Highway 524 to Westport. Property on left.
Subdivision
20-Oldham County N171
Standard status
Active
APN
18-18A-11-4
Size
4,665 SF
Lot size
1.60 Acres
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1996
Number of units
4
Building materials
Vinyl Siding, Stone Veneer
Roof type
Shingle
Listing Agency:
Keller Williams Collective · Keller Williams Realty
(502) 554-9500
Listed By:
Danielle Greeson-Bramblett
(916) 475-8184
Added: Nov 2
Changed: Nov 5
Last Checked: Nov 6 at 8:06AM
MLS# 1733618
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Westport multifamily property contains four units across 4,665 square feet on a 1.6-acre parcel. Built in 1996, the building has eight bedrooms and four bathrooms. Three units have been updated and are rented; the remaining unit is vacant. Three new HVAC units have also been installed.
Public water and sewer serve the property. Exterior features include vinyl siding and stone veneer, along with a porch and deck. Current rents support a stated 7 percent cap rate.
Public water and sewer serve the property. Exterior features include vinyl siding and stone veneer, along with a porch and deck. Current rents support a stated 7 percent cap rate.
Key Highlights
- Four units with a total of 8 bedrooms and 4 bathrooms
- 4,665 square feet on 1.6 acres in Westport, KY
- Three units updated and rented; one unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,426
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,520
$928.5K
Cap Rate 7%
$663,229
$663.2K
Cap Rate 9%
$515,844
$515.8K
Market Conditions
NOI Build-Up for 4,665 SF
Gross rent
$70.0K $15.00/SF
− Vacancy
−$3.7K −$0.78/SF
EGI
$66.3K $14.22/SF
− OpEx
−$19.9K −$4.27/SF
NOI
$46.4K $9.95/SF
Area
Oldham County, KY
Vacancy
5.22%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,520
Cap Rate 7%
$663,229
Cap Rate 9%
$515,844
Alternative Uses
Best Use
Multifamily LT 5
$663.2K
$580.3K – $773.8K
NOI $46,426 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$602.7K
$527.4K – $703.2K
NOI $42,189 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$983.5K
$860.5K – $1.15M
NOI $68,842 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 40077, KY
599
Population
298
Households
2
Avg Household Size
49
Median Age
19%
College-Educated
93%
High-School Grad
7.8 sq mi
ZIP Area
77
Density / Sq Mi
$61,912
Median Household Income
$39,286
Median Earnings
$862
Median Rent
$197,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences have received updates, and three new HVAC units serve the property.
Where is this quadplex located?
The property is located at 7017 Main St Westport, KY.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Four units with a total of 8 bedrooms and 4 bathrooms; 4,665 square feet on 1.6 acres in Westport, KY; Three units updated and rented; one unit vacant
