134-136 E Cheryl Lane, Danville, KY 40422

$300,000
Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,728 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $300,000 List Date: 9/22/2026 Last Modified: 10/13/2026

Overview

Description

Income-producing Danville duplex generating $32,820 in annual rental income! Located at 134-136 E. Cheryl Lane, this all-brick ranch-style duplex offers two units with a combined four bedrooms and two baths. Extensive updates include a new roof, HVAC, water heater and appliances, plus fresh paint and new flooring, giving buyers the benefit of major improvements already completed. With approximately 1,728 square feet and a practical single-level layout, this property combines durable construction with established rental income. The convenient Danville location puts shopping, dining and everyday services within easy reach, with access to downtown, Centre College and Ephraim McDowell Regional Medical Center adding to its appeal. A straightforward addition to an existing rental portfolio or a great place to start! May also be purchased as part of a larger Danville multifamily package, including the 28-unit portfolio at 115, 125 & 135 E. Walnut Street and additional duplexes on Aspen Driv ...

Listing Details MLS# 26024769

Listing Information

Property Sub Type
Duplex
Comp Sale YN
No

Status Change Information

StatusChangeDate
2026-09-22

Address

County
Boyle
Street #
134-136
St Dir
E
Street
Cheryl
St Suffix
Lane
State/Province
KY
Zip Code
40422
Directions
from downtown Danville take 4th st / Hustonville road turn left at caution light onto Lincoln Ave go to the stop sign go right, first street is Cheryl.
Parcel Number
D18009012
Deed Book
607
Deed Page
559

Contract

Original List Price
300000
Start Showing Date
2026-09-22
Listing Price
300000
Listing Agreement
Exclusive Right To Sell
Owner Name
Diamond Cut Holdings LLC
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1250000
List Price/SqFt
173.61

Tax Legal

Area
012 - Boyle County
School District
Boyle County - 12

Interior

Total # Bedrooms
4
Total Bathrooms
2
Baths - Full
2
Living Area
1728
Living Area Source
Public Records

More Information

Parking Information

Parking Total
4

Building

Year Built
9999
Stories Total
Yes
Accessibility Features YN
No

Lot

Lot Size Acres
0.24
Lot Size Dimensions
75x155x65x145
Lot Size Square Feet
10454.4

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Income-producing Danville duplex generating $32,820 in annual rental income! Located at 134-136 E. Cheryl Lane, this all-brick ranch-style duplex offers two units with a combined four bedrooms and two baths. Extensive updates include a new roof, HVAC, water heater and appliances, plus fresh paint and new flooring, giving buyers the benefit of major improvements already completed. With approximately 1,728 square feet and a practical single-level layout, this property combines durable construction with established rental income. The convenient Danville location puts shopping, dining and everyday services within easy reach, with access to downtown, Centre College and Ephraim McDowell Regional Medical Center adding to its appeal. A straightforward addition to an existing rental portfolio or a great place to start! May also be purchased as part of a larger Danville multifamily package, including the 28-unit portfolio at 115, 125 & 135 E. Walnut Street and additional duplexes on Aspen Drive and E. Erskine Drive.

Income and Expenses

Gross Income
32820
Insurance Expense
1450
Real Estate Taxes
1329

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
2
Number Of Units Total
2

Parking Features

Paved
Yes

Possession

Negotiable
Yes

Property Features

Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Forced Air; Natural Gas Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: 1031 Exchange; Cash; Conventional Roof: Shingle Structure Type: Duplex Showing Requirements: No Sign; Showing Service
Listing Office: Bluegrass Home Group
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.