115 E Walnut Street, Danville, KY 40422

$1,045,000
Property Type: Residential Income Bedrooms: 10 Baths: 10 Square Footage: 7,820 Lot Size (sq. ft.): 25,700 Status: Active
Current Price: $1,045,000 List Date: 9/22/2026 Last Modified: 10/29/2026

Overview

Description

10 units in the heart of downtown Danville with $117,600 in annual gross rental income! Located at 115 E. Walnut Street, this multifamily property combines a convenient downtown location with substantial improvements already completed, including a new roof, updated HVAC systems and updated units throughout. On-site parking adds everyday convenience. Situated beside historic Constitution Square, the property is just blocks from Main Street's shopping and dining and near Ephraim McDowell Regional Medical Center and Centre College. An excellent opportunity to purchase an income-producing property with major updates already in place. May be purchased individually or together with the neighboring properties at 125 and 135 E. Walnut Street for a combined 28-unit portfolio. Buyers looking to expand their investment may also include the duplexes at 127-129 Aspen Drive, 134-136 E. Cheryl Lane and 155-157 E. Erskine Drive as part of a larger negotiated package.

Listing Details MLS# 26025511

Listing Information

Property Sub Type
Apartment
Comp Sale YN
No

Status Change Information

StatusChangeDate
2026-09-22

Address

County
Boyle
Street #
115
St Dir
E
Street
Walnut
St Suffix
Street
State/Province
KY
Zip Code
40422
Directions
East Main Street to East Walnut
Zip +4
1842
Parcel Number
D08-015-030
Deed Book
607
Deed Page
699

Contract

Original List Price
1045000
Start Showing Date
2026-09-22
Listing Price
1045000
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1771186.44
List Price/SqFt
133.63

Tax Legal

Area
012 - Boyle County
Subdivision/Condo
Downtown
School District
Boyle County - 12

Interior

Total # Bedrooms
10
Total Bathrooms
10
Baths - Full
10
Living Area
7820
Living Area Source
Public Records

More Information

Parking Information

Parking Total
10

Building

Year Built
1984
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.59
Lot Size Dimensions
138x184
Lot Size Square Feet
25700

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
10 units in the heart of downtown Danville with $117,600 in annual gross rental income! Located at 115 E. Walnut Street, this multifamily property combines a convenient downtown location with substantial improvements already completed, including a new roof, updated HVAC systems and updated units throughout. On-site parking adds everyday convenience. Situated beside historic Constitution Square, the property is just blocks from Main Street's shopping and dining and near Ephraim McDowell Regional Medical Center and Centre College. An excellent opportunity to purchase an income-producing property with major updates already in place. May be purchased individually or together with the neighboring properties at 125 and 135 E. Walnut Street for a combined 28-unit portfolio. Buyers looking to expand their investment may also include the duplexes at 127-129 Aspen Drive, 134-136 E. Cheryl Lane and 155-157 E. Erskine Drive as part of a larger negotiated package.

Building and Property Details

Age of Roof
2025

Income and Expenses

Gross Income
117600

Showing Information

Showing Instructions
Use showing time

Tax & Legal

Tax Rate
13.93
Zoning Description
Residential

Association/Community

Number Of Buildings
1
Number Of Units In Community
10
Number Of Units Total
10

Property Features

Utilities: Cable Available; Electricity Available; Sewer Connected; Water Connected; Cable Available; Electricity Available; Sewer Connected; Water Connected Cooling: Ductless; Electric Heating: Electric Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: On Site Possession: Close Of Escrow; Subject To Tenant Rights Roof: Dimensional Style Structure Type: Multi Family Showing Requirements: Call Listing Agent; Showing Service
Listing Office: Bluegrass Home Group
Last Updated: October - 29 - 2026
Information deemed reliable but not guaranteed.