111-125 Highland Court, Danville, KY 40422

$1,330,000
Property Type: Residential Income Bedrooms: 32 Baths: 16 Lot Size (sq. ft.): 117,612 Status: Closed
Current Price: $1,330,000 List Date: 3/11/2024 Last Modified: 8/29/2025

Overview

Description

Discover this investment opportunity in the heart of Danville with this 16-unit complex, featuring 8 duplexes. Each duplex is laid out over two stories, offering 2 bedrooms, 1 bathroom, and the added convenience of a one-car basement garage. Situated on nearly 3-acres, the property not only provides ample living space but also the exciting potential for future expansion, making it a prime candidate for growth and profitability. Located in close proximity to downtown Danville, residents have easy access to a vibrant mix of shopping, dining, and entertainment options. This investment opportunity is perfect for those looking to capitalize on strong rental demand and the possibility of enhancing the property's value through development. Rental information is readily available upon request. Tenants pay all utilities. Seize this rare opportunity to invest in a property that promises both immediate returns and long-term benefits, all within the dynamic and growing community of Danville.

Listing Details MLS# 24004461

Listing Information

Comp Sale YN
No

Status Change Information

Status Change Timestamp
2024-04-15
Purchase Contract Date
2024-03-16
Close Date
2024-04-15
Close Price
1330000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Boyle
Street Number
111-125
Street Name
Highland
Street Suffix
Court
State
KY
Zip Code
40422
Directions
Head south on S 4th St toward W Walnut St for 0.8 mile, then turn right onto Highland Ct; the destination will be on the right.
Parcel Number
D14-012-030

Contract

Original List Price
1480000
Start Showing Date
2024-03-11
Listing Contract Date
2024-03-11
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
548148.15
Sold Price/Acre
492592.59
SP/LP
0.9

Tax Legal

MLS Area Major
012 - Boyle County
Subdivision Name
Highlands
High School District
Boyle County - 12

Interior

Bedrooms Total
32
Bathrooms Total
16
Bathrooms Full
16

More Information

Parking Information

Parking Total
20

Building

Year Built
1998
Stories Total
2

Lot

Lot Size Acres
2.7
Lot Size Square Feet
117612

Remarks

Public Remarks
Discover this investment opportunity in the heart of Danville with this 16-unit complex, featuring 8 duplexes. Each duplex is laid out over two stories, offering 2 bedrooms, 1 bathroom, and the added convenience of a one-car basement garage. Situated on nearly 3-acres, the property not only provides ample living space but also the exciting potential for future expansion, making it a prime candidate for growth and profitability. Located in close proximity to downtown Danville, residents have easy access to a vibrant mix of shopping, dining, and entertainment options. This investment opportunity is perfect for those looking to capitalize on strong rental demand and the possibility of enhancing the property's value through development. Rental information is readily available upon request. Tenants pay all utilities. Seize this rare opportunity to invest in a property that promises both immediate returns and long-term benefits, all within the dynamic and growing community of Danville.

Showing Information

Showing Instructions
Showing Open House Monday March 18th 1:00-2:00pm Call lisiting agent for details

Tax & Legal

Elementary School
Hogsett
Middle Or Junior School
Bate
High School
Danville
Zoning Description
Residential

Association/Community

Number Of Buildings
8
Number Of Units Total
16

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Other
Yes

Property Features

Listing Terms: 1031 Exchange; Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Special Listing Conditions: Standard Structure Type: Other
Listing Office: eXp Realty, LLC
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.