Gutted 10-Unit Apartment
For Sale
$359,900
85 N Main St, Walton, KY 41094
Former school building with high ceilings, updated utility components, and a 10-unit apartment configuration.
Property Size12,180 SF
Price / SF$29.55
Days on Market49
Property Features for 85 N Main St
General Information
Standard status
Active
Size
12,180 SF
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
fully gutted
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
7 x 2BR, 3 x 1BR
Multifamily Units
10
Building Details
Buildings
1
Listing Agency:
Paragon Realty Partners
Listed By:
Kevin Goff · License #248920
(859) 322-4460
Source:
Lovdalgroup
Added: Sep 19
Changed: Oct 25
Last Checked: Oct 11 at 9:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paragon Realty Partners
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Investment Insights
Based on property information with market context.
This 10-unit apartment building at 85 N Main St includes seven two-bedroom apartments and three one-bedroom apartments. The interior has been fully gutted, allowing the next owner to determine the layout and finish selections. The property features 14-foot ceilings and on-site parking, with the former Walton School building serving as its underlying structure.
Utility improvements include replacement of the meters, valves, and shut-off components in 2024, along with a gas line replacement extending to the street. The property is located in Walton, Kentucky, with access to local amenities, schools, and the highway. Its existing apartment count, former institutional structure, and interior condition provide a defined starting point for redevelopment.
Utility improvements include replacement of the meters, valves, and shut-off components in 2024, along with a gas line replacement extending to the street. The property is located in Walton, Kentucky, with access to local amenities, schools, and the highway. Its existing apartment count, former institutional structure, and interior condition provide a defined starting point for redevelopment.
Key Highlights
- 10‑unit apartment building with 7 two‑bedroom and 3 one‑bedroom apartments
- Fully gutted interior supports a new layout and finish plan
- 14‑foot ceilings throughout the building
Property Analytics
Who owns this building?
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Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
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Business Placement
Demographics for 41094, KY
14,480
Population
5,204
Households
2.8
Avg Household Size
35
Median Age
31%
College-Educated
93%
High-School Grad
42.1 sq mi
ZIP Area
344
Density / Sq Mi
$91,678
Median Household Income
$46,691
Median Earnings
$1,133
Median Rent
$264,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Former school building with high ceilings, updated utility components, and a 10-unit apartment configuration.
Where is this apartment building located?
The property is located at 85 N Main St Walton, KY.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 10‑unit apartment building with 7 two‑bedroom and 3 one‑bedroom apartments; Fully gutted interior supports a new layout and finish plan; 14‑foot ceilings throughout the building
