Multifamily

Florence, KY Multifamily Properties for Sale

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Erlanger, KY Elsmere, KY Edgewood, KY Burlington, KY Union, KY Crestview Hills, KY Crescent Springs, KY Covington, KY
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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 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

Opportunities in Nearby Cities

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

Brick Duplex
Brick Duplex

4132 W Eighth Street, Cincinnati, OH 45205

$185,000
0.20 AC lot

The two units have separate utility services and offer a mix of two- and four-bedroom layouts.

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Two-Unit Duplex
Two-Unit Duplex

4509 Decoursey Ave, Covington, KY 41015

$175,000
1,440 sqft

Each residence contains one bedroom and one bathroom, with current income production and a need for some updating.

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Duplex with Separate Utilities
Duplex with Separate Utilities

4136 W Eighth Street, Cincinnati, OH 45205

$165,000
0.19 AC lot

Two brick units offer one- and two-bedroom layouts, with tenants on month-to-month agreements.

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Four-Unit Residential Property
Four-Unit Residential Property

101 E 43rd Street, Covington, KY 41015

$380,000

Four two-bedroom apartments include two vacancies, one recently updated interior, and central air installed approximately one year ago.

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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

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

3910 Wynnbrook Dr, Florence, KY 41042-3074

Estimated value:
$500,000
8.34 AC lot
View details

Florence, KY Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Florence, KY on our real estate platform.

Sale prices for multifamily properties in Florence, KY average $369,000 — 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

Commercial property segments ranked by active listings on the market

Quadplexes 1

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 $369K

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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