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    Florence, KY Multifamily Properties for Sale

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    Elsmere, KY Erlanger, KY Edgewood, KY
    Florence Multifamily Investment Opportunity
    $1,000,000
    7,928 SF

    Florence Multifamily Investment Opportunity

    7402 Shenandoah Drive, Florence, KY 41042

    Eight townhome units with rental history in Florence, Kentucky.

    • Eight townhome units provide a significant investment opportunity.
    • Solid rental history with potential to increase rents to market rates.
    • Mix of 1‑4 bedroom units offers diverse tenant appeal.
    • Each unit includes private patios and washer/dryer hookups.
    • Tenants pay all utilities, reducing landlord expenses.
    Updated: Oct 31, 2025
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Renovated Triplex with Development Potential
    $649,900
    3,186 SF

    Renovated Triplex with Development Potential

    Renovated triplex with vacant lot in Covington, Kentucky.

    501 Johnson Street, Covington, KY 41011
    View details
    Delhi Twp Multifamily Investment Opportunity
    $275,468
    4,104 SF

    Delhi Twp Multifamily Investment Opportunity

    Multifamily property in Delhi Twp, sold as-is. Investor opportunity.

    Cincinnati, OH 45238
    View details
    Vacant Duplex in Price Hill
    $205,000
    2,434 SF

    Vacant Duplex in Price Hill

    Vacant duplex in Cincinnati, perfect for owner-occupant or investor.

    578 Rosemont Avenue, Cincinnati, OH 45205
    View details
    525 Greenup St, Covington, KY
    Contact for pricing

    525 Greenup St, Covington, KY

    525 Greenup St, Covington, KY 41011 For Sale

    525 Greenup St, Covington, KY 41011
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land Off US HWY
    $345,500
    2.27 Acres

    Prime Land Off US HWY

    2.27 acres with excellent visibility and easy access.

    Briar Creek lot: #1, Lawrenceburg, KY 40342
    View details
    Versatile Property with Income Potential
    $225,000
    1.00 Acre

    Versatile Property with Income Potential

    Office building with income-generating mobile home lots in Frenchburg, KY.

    Highway 460, Frenchburg, KY 40322
    View details
    Waterfront Land in Greenup, KY
    $69,000
    1.54 Acres

    Waterfront Land in Greenup, KY

    Waterfront land with utilities and shelter house for sale.

    Treasure Cove, Greenup, KY 41144
    View details
    75 Acres Development Potential
    $199,900
    75.00 Acres

    75 Acres Development Potential

    75+/- acres with development potential in Sandy Hook, KY.

    400 Keith Whitley Blvd., Sandy Hook, KY 41171
    View details

    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)
    3,360 SF Lot: 0.27 Acres
    Value Estimation by Request

    58 Sanders Dr, Florence, KY 41042-2856

    View details
    3910 Wynnbrook Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 8.34 Acres
    Value Estimation by Request

    3910 Wynnbrook Dr, Florence, KY 41042-3074

    View details

    Florence, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 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 $1,000,000.

    Sale prices for multifamily properties in Florence, KY start at $1,000,000, averaging $1,000,000, 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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    Top Commercial Asset Segments

    Apartment buildings 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Florence submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

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