Harrodsburg, KY Multifamily Properties for Sale

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7 properties

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Updated: May 12

Turnkey Brick Duplex Portfolio

702-728 Parkway Avenue, Harrodsburg, KY 40330

$1,925,000

23,000 sqft 1.40 AC lot

Portfolio of 7 brick duplexes totaling 14 units in Harrodsburg
Unit mix includes twelve 2BR/1BA units and two 2BR/1.5BA units
All units are currently tenant occupied, providing immediate rental income potential
Heat pump heating and central air cooling are listed for the property
Year built: 1997

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Updated: Sep 11, 2025

Renovating Multifamily Former School

4314 Mackville Road, Harrodsburg, KY 40330

$562,500

6,933 sqft 5.60 AC lot

Former school building on 5.6 acres, built in 1930, currently at roughed‑in renovation stage for apartments.
Planned minimum 5 apartments with 10 bath/kitchen areas; unfinished/blank‑canvas setup for conversion.
Pro forma NOI of $57,438 (gross rental income $103,995, ~7% cap rate per appraisal).
Main building square footage listed as 6,933 SF (also referenced as 7,000 SF), not including two external structures.
Includes two additional buildings: former classroom and large garage (also referenced as “barn/shop” and “cafeteria or classroom”).

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3-Bedroom Duplex with 2 Baths

145-149 Spring Street, Harrodsburg, KY 40330

$299,900

2,738 sqft 1.00 AC lot

Residential income duplex offering two 3-bedroom, 2-bath units on an R-2 zoned lot in Mercer County.

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Renovating Apartment Building

4314 Mackville Rd, Harrodsburg, KY 40330

$562,500

6,933 sqft 5.60 AC lot

Former school building is roughed in for apartment units with planned bath/kitchen areas, plus two additional outbuildings.

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Two-Unit Duplex Investment Property

436 N Greenville Street, Harrodsburg, KY 40330

$162,900

2,010 sqft 0.11 AC lot

Duplex with two separate rental units, each with independent heating and cooling setups.

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Mixed-Use Retail and Residential Property

120 S Main Street, Harrodsburg, KY 40330

$375,000

6,100 sqft 0.10 AC lot

Two restored historic buildings offer street-level storefront space and three renovated one-bedroom apartments above.

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19-Unit Income Apartment Building

202 S College Street, Harrodsburg, KY 40330

$475,000

8,008 sqft 0.19 AC lot

Turnkey 19-unit apartment income property with updated systems, new roof, and street parking nearby.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 7 Active listings in Harrodsburg, 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.

Remodeled Triplex with Flex Office

129 E Main Street, Danville, KY 40422

$349,500

1,715 sqft 0.26 AC lot

Three-unit income property with a remodeled interior and a large flexible space currently used as a hair salon.

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Rented Duplex Investment Property

500-502 E Chestnut St, Nicholasville, KY 40356

$180,000

1,770 sqft 0.25 AC lot

Duplex with both sides currently rented, requiring 24-hour notice as units remain occupied at all times.

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Historic Triplex Income Property

209 S 1st Street, Nicholasville, KY 40356

$224,900

2,941 sqft 0.23 AC lot

Cash-flowing triplex with three occupied units, month-to-month tenants, and separately billed water and electric utilities.

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Historic Three-Story Mixed-Use Property

303 W Main Street, Danville, KY 40422

$865,000

5,700 sqft 0.13 AC lot

Three-story building with a first-floor restaurant, banquet room and office, and a refurbished apartment on the third floor.

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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

Briar Creek lot: #1, Lawrenceburg, KY 40342

$345,500

2.27 AC lot

2.27 acres with excellent visibility and easy access.

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Vacant Land Near Glendale

Tract 2 Bell Cemetery Road, Summersville, KY 42782

$75,500

7.00 AC lot

7 acres of vacant land with utilities near Glendale, KY.

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Land Near Lake Cumberland

311 Willow Oaks Dr, Nancy, KY 42544

$75,000

3.04 AC lot

3.04 acres near Lee's Ford Marina.

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Land Near Lake Cumberland

311 Willow Oak, Nancy, KY 42544

$75,000

3.04 AC lot

3.04 acres near Lee's Ford Marina.

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Off-Market Properties in Harrodsburg, KY

Consider similar Off-Market properties in Harrodsburg, 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.

MOBILE HOME PARK, TRAILER PARK

1850 Danville Rd, Harrodsburg, KY 40330-9245

Value Estimation by Request

1,200 sqft 1.35 AC lot

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MOBILE HOME PARK, TRAILER PARK

743 Shannon Ave, Harrodsburg, KY 40330-9192

Value Estimation by Request

1,200 sqft

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Harrodsburg, KY Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Harrodsburg, KY, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 55,722 square feet of properties for sale, with an estimated market value of $4,362,800.

Sale prices for multifamily properties in Harrodsburg, KY start at $162,900, averaging $623,257, and reaching up to $1,925,000 — 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

Demographics Overview

Population 21K

Population Growth (5Y) +4.5%

Median Household Income $61,804

College Educated 31.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
40330	$510K

Taxes & Financing

Tax Rate (average for all types) 1.11%

Property Tax per SF $14.19 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mercer County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Mercer County

Residential Income

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