Versailles, KY Residential income properties for sale

Updated: May 11

Versailles Duplex: Investor Opportunity

228 Blackhawk Circle, Versailles, KY 40383

$275,000

1,872 sqft 0.23 AC lot

Side‑by‑side duplex in the Blackhawk Circle area of Versailles, with two private entrances for each unit
Year built 1993 with shingle roof
Side B was recently vacated and has been renovated; includes a long‑term tenant for immediate rental income
Heating: electric and heat pump; cooling: electric and heat pump
Off‑street parking available and low‑maintenance exterior

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This listing looks promising.

Here's a quick look at some key insights for

228 Blackhawk Circle, Versailles, KY 40383

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Est. Cap Rate

5.8%
NOI ÷ price
Est. NOI

$16K
Annual
Price @ 7% Cap

$228K
Suggested
Property Type

Residential (General/Single)
Built 1993

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Updated: Apr 10

Daycare with Upstairs Apartment Units

380 Amsden Avenue, Versailles, KY 40383

$600,000

8,448 sqft 1.15 AC lot

Prime commercial building in downtown Versailles, KY.
7,500 sq. ft. building on a 1.15‑acre lot.
Four fully occupied apartments provide rental income (two 2‑bedroom, two 1‑bedroom).
Currently operating as a thriving daycare (business available separately).
Proximity to hospital and Versailles amenities.

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Riverfront Buildable Land with Garage

315 Lower Clifton Road, Versailles, KY 40383

$99,000

0.53 AC lot

Buildable riverfront lot with usable garage space and on-site storage options, though the property sits in a flood plain.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Versailles, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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 Residential Income Property

710 Woodland Avenue, Frankfort, KY 40601

$594,300

3,299 sqft 0.16 AC lot

Fully renovated stone Tudor cottage with off-street parking and multiple HVAC systems, including new heat pumps.

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Renovated Four-Plex Portfolio

1041-1043 Cross Keys Road, Lexington, KY 40504

$799,000

7,056 sqft 0.59 AC lot

Two fully renovated four-plexes sold together with eight long-term occupied units and extensive interior and systems upgrades.

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Ranch Duplex With Two Laundry Rooms

755-757 Terrace View Drive, Lexington, KY 40504

$249,900

1,582 sqft 0.18 AC lot

Ranch duplex offers two separate units, each with two bedrooms, one bath, and a dedicated laundry room.

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Duplex for Owner-Occupant Use

201 HAWTHORNE Drive, Frankfort, KY 40601

$275,000

1,570 sqft 0.20 AC lot

Duplex offering flexibility to live in one side and rent the other, with a roof approximately seven years old.

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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.

Versailles, KY Industrial Land

305 kENTUCKY Avenue lot: 305, Versailles, KY 40383

$922,000

3.97 AC lot

Large lot with road frontage, suitable for various development projects.

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Anderson County Farm Development Opportunity

2 Gill St, Lawrenceburg, KY 40342

Contact for pricing

2,688 sqft 114.44 AC lot

Prime farmland with development potential in Lawrenceburg, Kentucky.

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Residential Lot in Peachtree Estates

23 Freestone Way, Lawrenceburg, KY 40342

$43,000

0.45 AC lot

Corner lot in Peachtree Estates, Lawrenceburg, Kentucky.

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Lawrenceburg, KY Land Opportunity

1011 Gilberts Creek Road, Lawrenceburg, KY 40342

$62,000

4.21 AC lot

4.21 acre lot near Bluegrass Parkway, ideal for dream home.

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Versailles, KY Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Versailles, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,320 square feet of properties for sale, with an estimated market value of $875,000.

Sale prices for residential income properties in Versailles, KY start at $275,000, averaging $437,500, and reaching up to $600,000 — 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
40383	$529.8K

Neighborhood

Average Price

40383

$529.8K