1117 S Pawnee Trail, Georgetown, KY 40324

$1,250,000
Property Type: Residential Income Bedrooms: 18 Baths: 10 Square Footage: 8,460 Lot Size (sq. ft.): 27,979 Status: Active
Current Price: $1,250,000 List Date: 6/02/2026 Last Modified: 10/13/2026

Overview

Description

Exceptional opportunity to acquire a 10-unit multifamily property in the rapidly growing Georgetown, Kentucky market. Situated on approximately 0.64 acres, this well-maintained apartment complex features 8 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units totaling approximately 8,460 square feet. Each unit offers functional layouts with spacious living areas, kitchens equipped with washer/dryer hookups, and individually metered utilities, creating a favorable operating structure for ownership. The property includes ample paved off-street parking and is conveniently located near downtown Georgetown, Toyota Manufacturing, schools, shopping, dining, and major transportation corridors. With strong rental demand fueled by Georgetown's continued population and employment growth, this asset presents an attractive opportunity for both investors seeking stable cash flow and those looking for future value-add potential.

Listing Details MLS# 26012528

Listing Information

Property Sub Type
Apartment
Comp Sale YN
No

Status Change Information

StatusChangeDate
2026-06-01

Address

County
Scott
Street #
1117
St Dir
S
Street
Pawnee
St Suffix
Trail
State/Province
KY
Zip Code
40324
Directions
S Broadway to Pocahontas to S Pawnee
Parcel Number
167-30-128.000

Contract

Original List Price
1250000
Start Showing Date
2026-06-01
Listing Price
1250000
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1946131.09
List Price/SqFt
147.75

Tax Legal

Area
005 - Scott County
Subdivision/Condo
Indian Acres
School District
Scott County - 5

Interior

Total # Bedrooms
18
Total Bathrooms
10
Baths - Full
10
Living Area
8460
Living Area Source
Public Records

More Information

Parking Information

Parking Total
20

Building

Year Built
1960
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.6423
Lot Size Square Feet
27979

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Exceptional opportunity to acquire a 10-unit multifamily property in the rapidly growing Georgetown, Kentucky market. Situated on approximately 0.64 acres, this well-maintained apartment complex features 8 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units totaling approximately 8,460 square feet. Each unit offers functional layouts with spacious living areas, kitchens equipped with washer/dryer hookups, and individually metered utilities, creating a favorable operating structure for ownership. The property includes ample paved off-street parking and is conveniently located near downtown Georgetown, Toyota Manufacturing, schools, shopping, dining, and major transportation corridors. With strong rental demand fueled by Georgetown's continued population and employment growth, this asset presents an attractive opportunity for both investors seeking stable cash flow and those looking for future value-add potential.

Building and Property Details

# of Dock Doors
Yes
Age of Roof
10

Income and Expenses

Gross Income
126000
Lawn Services Expense
1000
Other Expense
8400
Other Expense (B)
4500
Other Expense (B) Description
Insurance Estimate
Other Expense Description
Annual Utilities Expense
Taxes
1250

Showing Information

Showing Instructions
Showings with accepted offer

Tax & Legal

Tax Rate
0.9613
Zoning Description
R-3

Association/Community

Number Of Buildings
1
Number Of Units Total
10

Parking Features

Paved
Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Heat Pump Heating: Natural Gas; Radiant; Other Laundry Features: Electric Dryer Hookup; Washer Hookup Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Structure Type: Multi Family Showing Requirements: No Sign
Listing Office: Tru Life Real Estate
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.