Florence, KY Residential income properties for sale

Updated: Oct 31, 2025

Apartment Townhomes with Private Patios

7402 Shenandoah Drive, Florence, KY 41042

$1,000,000

7,928 sqft 1.35 AC lot

Eight townhome units with private patios
Washer/dryer hookups in each unit
Unit mix: one to four bedrooms
1.35 acres and 7,928 SF total size
Built in 1970 with brick and vinyl siding

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This listing looks promising.

Here's a quick look at some key insights for

7402 Shenandoah Drive, Florence, KY 41042

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$59K
Annual
Price @ 7% Cap

$839K
Suggested
Property Type

Apartments (Generic)
Built 1970

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Updated: Apr 13

8-Unit Inn Property

8318 Dixie Hwy, Florence, KY 41042

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8‑unit inn with a history of being fully occupied
All units are rented on week‑to‑week rental agreements
No current vacancies
Seller‑managed operation with tight management for smooth running
Showings require a minimum of 3 days’ notice for tenant access

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Florence, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Duplex with Private Entrances

14 Locust Street, Erlanger, KY 41018

$212,999

1,148 sqft

Well-maintained duplex with two units, each with a private entrance and deck or porch.

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Mixed-Use Building with Remodeled Unit

3439 Decoursey Avenue, Covington, KY 41015

$199,000

Metered for five units, with a remodeled upstairs 3-bedroom, two-bath apartment and a downstairs space ready to section.

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Brick Duplex with Separate Entrances

3234 Fieldcrest Drive, Erlanger, KY 41018

$294,000

Brick duplex featuring two 2-bedroom units, each with its own driveway and entrance, plus shared laundry.

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Retail Storefront with Apartment

3802 Winston Ave, Covington, KY 41015

Contact for pricing

Completely renovated mixed-use property featuring a commercial storefront with an upstairs one-bedroom apartment.

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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.

Land with City/River Views

1112 Fuller Street, Cincinnati, OH 45202

$900,000

0.10 AC lot

Double flat lot with a four-unit building in Cincinnati.

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Residential Land in Cincinnati, OH

1674 Baltimore Avenue, Cincinnati, OH 45225

Contact for pricing

0.12 AC lot

Residential land suitable for building a home or future development.

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Residential Land in Prime Location

127 Valencia Street, Cincinnati, OH 45219

$48,000

0.19 AC lot

Buildable land in a prime urban area, convenient and private.

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Vacant Land in Cincinnati, OH

3116 Gobel Avenue, Cincinnati, OH 45211

Contact for pricing

0.64 AC lot

Vacant land suitable for multi-family home construction.

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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.

APARTMENT HOUSE (5+ UNITS)

58 Sanders Dr, Florence, KY 41042-2856

Value Estimation by Request

3,360 sqft 0.27 AC lot

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APARTMENT HOUSE (5+ UNITS)

3910 Wynnbrook Dr, Florence, KY 41042-3074

Value Estimation by Request

8.34 AC lot

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Land

0 Weaver Rd, Florence, KY 41042

Value Estimation by Request

9.72 AC lot

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Land

10216 Sherwood Lakes Dr, Florence, KY 41042

Value Estimation by Request

13.59 AC lot

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Florence, KY Residential Income Properties Market Trends and Statistics

Explore 6 residential income 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 residential income properties in Florence, KY average $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.

Neighborhood	Average Price
41042	$1M

Neighborhood

Average Price

41042

$1M