Shepherdsville, KY Residential Income Properties for Sale

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Updated: Feb 19

Six-Unit Brick Apartment Building

261 Fugate Lane, Shepherdsville, KY 40165

$749,900

0.62 AC lot

Six apartment units, each with 2 bedrooms and 2 bathrooms
All‑brick construction with shingle roofing
Roof installed 2 years ago
Built in 2005
Situated on 0.62 acres

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Updated: Feb 18

52-Unit Apartment Buildings

1055 N Buckman Street, Shepherdsville, KY 40165

$5,990,000

1.12 AC lot

52 units with 2‑bedroom, 1‑bathroom floor plans
12 brick buildings on 1.12 acres, constructed in 1995
More than 90% of units renovated over the past three years
Over half of the A/C units replaced within the last five years
Parking lot completely redone two years ago

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10-Unit Brick Apartment Portfolio

187-243 Fugate Lane, Shepherdsville, KY 40165

$1,349,900

1.54 AC lot

Ten two-bedroom residences across four low-rise buildings, with private driveways and individual yard areas at the duplexes.

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See what stands out in Bullitt County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Updated 12-Unit Apartment Building

3414 Burkland Blvd, Shepherdsville, KY 40165

$900,000

8,400 sqft

Professionally managed property with updated one-bedroom residences and one unit available for showings.

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Shepherdsville Multifamily Investment Opportunity

261 Fugate Ln, Shepherdsville, KY 40165

$749,900

Well-maintained 6-unit property near I-65 and Louisville.

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Turnkey Multifamily Investment Opportunity

1055 N Buckman St, Shepherdsville, KY 40165

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52-unit multifamily property in Shepherdsville with recent renovations.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Multifamily Portfolio in Shepherdsville

187 Fugate Ln, Shepherdsville, KY 40165

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Fully occupied 10-unit multifamily portfolio in Bullitt County corridor.

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Garden-Style Apartment Community

111 Erie Ct, Shepherdsville, KY 40165

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138-unit garden-style apartment community with 103 renovated units and 98.6% occupancy.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 8 Active listings in Shepherdsville, 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.

Two-Home Duplex Property

3011 Blevins Gap Rd, Louisville, KY 40272

$258,999

2,210 sqft

Separate ranch homes provide an occupied residence alongside a second dwelling requiring renovation.

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Two-Home Duplex Property

3011 Blevins Gap Rd, Louisville, KY 40272

$258,999

2,210 sqft

Separate three-bedroom residences provide immediate occupancy in one home and renovation potential in the other.

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Preston Gardens Multifamily Community

11011 Preston Gardens Ct, Louisville, KY 40229

Contact for pricing

134,481 sqft

96-unit Class A multifamily community in Louisville, Kentucky.

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Four-Unit Brick Quadplex

910 Sinclair St, Fairdale, KY 40118

$450,000

0.22 AC lot

Four two-bedroom residences with one bath each, laundry hookups, driveway parking, and a mix of hardwood and tile flooring.

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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.

Residential Land in Quiet Cul-de-Sac

204 Wigeon Court, Winchester, KY 40391

$49,500

0.98 AC lot

Residential land for sale in Winchester, Kentucky, near Lexington.

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Residential Land in Louisville, KY

3407 Ripple Creek Dr, Louisville, KY 40229

$245,000

2.96 AC lot

2.96 acre lot ready for your dream home.

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Residential Land Near Legacy Park

1908 Herbert Ln, Louisville, KY 40272

$749,999

19.43 AC lot

19+ acres of residential land adjacent to Nick Rodman Park.

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Residential Land in South Louisville

8701 Old Bates Rd, Louisville, KY 40228

$400,000

9.56 AC lot

9.56-acre residential land for development or private retreat.

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Off-Market Properties in Shepherdsville, KY

Consider similar Off-Market properties in Shepherdsville, 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.

Multifamily properties

111 Erie Ct, Shepherdsville, KY 40165

Estimated value:

by Request

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Land

1265 Buckman St, Shepherdsville, KY 40165

Estimated value:

by Request

7.97 AC lot

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Farms

0 Pumpkin Rd, Shepherdsville, KY 40165

Estimated value:

by Request

123.00 AC lot

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Farms

0 Chapeze Ln, Shepherdsville, KY 40165

Estimated value:

by Request

27.00 AC lot

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Shepherdsville, KY Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Shepherdsville, KY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 8,400 square feet of properties for sale, with an estimated market value of $9,739,700.

Sale prices for residential income properties in Shepherdsville, KY start at $749,900, averaging $1,947,940, and reaching up to $5,990,000 — 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 39K

Population Growth (5Y) +8.7%

Median Household Income $77,083

College Educated 12.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
40165	$1.9M

Taxes & Financing

Tax Rate (average for all types) 1.16%

Property Tax per SF $25.18 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bullitt County

New Delisted

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