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    Florence, KY
    Multifamily

    Florence, KY Multifamily Properties for Sale

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    Erlanger, KY Elsmere, KY Edgewood, KY Burlington, KY Crestview Hills, KY Union, KY Crescent Springs, KY Covington, KY
    Eight-Unit Townhome Apartment Building
    Updated: Oct 31, 2025
    Eight-Unit Townhome Apartment Building

    7402 Shenandoah Dr, Florence, KY 41042

    $1,000,000
    7,928 sqft
    Eight townhome units totaling 7,928 square feet
    Unit mix includes 1‑4 bedroom residences
    Private patios included with every unit
    Washer/dryer hookups in each residence
    Mostly month‑to‑month leases
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    Brick Quadplex With Garages
    Updated: Aug 24
    Brick Quadplex With Garages

    9 Glenn St, Florence, KY 41042

    $369,000
    Four‑unit brick multifamily building
    Unit mix includes 2 two‑bedroom and 2 one‑bedroom apartments
    Full basement with washer and dryer hookups for all units
    3‑car garage included
    Large backyard with off‑street parking
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Florence, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex With Off-Street Parking
    Duplex With Off-Street Parking

    4326 Decoursey Ave, Covington, KY 41015

    $240,000
    2,552 sqft

    Two-unit property includes one occupied unit and a second unit requiring updates.

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    Duplex with Vacant Lower Unit
    Duplex with Vacant Lower Unit

    3422 Bassett Rd, Cincinnati, OH 45205

    $185,000
    1,664 sqft

    Two-level layout includes a leased upper unit and a first-floor residence with hardwood flooring and a backyard deck.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    210 Kyles Lane, Covington, KY 41011

    $299,900
    2,042 sqft

    Two residential units include hardwood floors, appliances, basement storage, and separate utilities.

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    24-Unit Multifamily Property
    24-Unit Multifamily Property

    480 Pedretti Ave, Cincinnati, OH 45238

    Contact for pricing
    19,800 sqft

    Well-maintained 24-unit apartment built in the 1980s with two-bedroom layouts, individual HVAC, and off-street parking.

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    Off-Market Properties in Florence, KY

    Consider similar Off-Market properties in Florence, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    58 Sanders Dr
    APARTMENT HOUSE (5+ UNITS)

    58 Sanders Dr, Florence, KY 41042-2856

    $260,000
    Estimated value
    3,360 sqft 0.27 AC lot
    View details
    3910 Wynnbrook Dr
    APARTMENT HOUSE (5+ UNITS)

    3910 Wynnbrook Dr, Florence, KY 41042-3074

    $500,000
    Estimated value
    8.34 AC lot
    View details

    Florence, KY Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Florence, KY on our real estate platform. These investment opportunities span a total of 7,928 square feet of properties for sale, with an estimated market value of $1,369,000.

    Sale prices for multifamily properties in Florence, KY start at $369,000, averaging $684,500, and reaching up to $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 56K
    Population Growth (5Y) +7.7%
    Median Household Income $75,582
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

    Identify Florence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    41042 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $12.61 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Florence fall within the 100,000+ square foot range.

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