23 Wheeler Avenue, Winchester, KY 40391

$400,000
Property Type: Residential Income Bedrooms: 8 Baths: 5 Square Footage: 4,687 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $400,000 List Date: 5/26/2026 Last Modified: 5/26/2026

Overview

Description

Here is a chance to own a fully leased fourplex with multiple long term tenants. Located across from a very nice park with plenty of parking. Tenants pay their own utilities. Gross rents are currently $3110/month. Please allow 48 hours to notify tenants for a showing. Showings can be scheduled with proof of funds or a lender pre-approval letter from potential buyers.

Listing Details MLS# 26011905

Listing Information

Comp Sale YN
No
Property Sub Type
Quadruplex

Status Change Information

Status Change Timestamp
2026-05-26

Address

County
Clark
Street Number
23
Street Name
Wheeler
Street Suffix
Avenue
State
KY
Zip Code
40391
Directions
From College Street turn onto Wheeler Ave. Building will be on the left across from the park. There is plenty of parking across the street.
Parcel Number
054-1034-031-00

Contract

Original List Price
400000
Start Showing Date
2026-05-26
Listing Contract Date
2026-05-22
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1739130.43
List Price/SqFt
85.34

Tax Legal

MLS Area Major
007 - Clark County
Subdivision Name
College Park
High School District
Clark County - 7

Interior

Bedrooms Total
8
Bathrooms Total
5
Bathrooms Full
5
Living Area
4687
Living Area Source
Public Records
Bathrooms Half
0

More Information

Building

Year Built
1940
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.23
Lot Size Square Feet
10018.8

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes

Remarks

Public Remarks
Here is a chance to own a fully leased fourplex with multiple long term tenants. Located across from a very nice park with plenty of parking. Tenants pay their own utilities. Gross rents are currently $3110/month. Please allow 48 hours to notify tenants for a showing. Showings can be scheduled with proof of funds or a lender pre-approval letter from potential buyers.

Income and Expenses

Gross Income
37320

Showing Information

Showing Instructions
Need 48 hour tenant notice for showings. Showings can be scheduled with proof of funds/ pre-approval of loan. Please do not disturb the tenants.

Tax & Legal

Elementary School
Justice
Middle Or Junior School
Robert Campbell
High School
GRC
Tax Rate
0.123
Zoning
R-1C

Association/Community

Number Of Buildings
1

Community Features

Park
Yes
Tennis Court(s)
Yes

Cooling

Electric
Yes
Window Unit(s)
Yes

Heating

Baseboard
Yes
Electric
Yes
Forced Air
Yes
Natural Gas
Yes

Parking Features

Covered
Yes
Gravel
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Dimensional Style
Yes
Shingle
Yes

Structure Type

Quadruplex
Yes

Showing Requirements

Showing Service
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Electricity Connected; Natural Gas Connected Community Features: Park; Tennis Court(s) Cooling: Electric; Window Unit(s) Heating: Baseboard; Electric; Forced Air; Natural Gas Parking Features: Covered; Gravel; Paved Possession: Close Of Escrow Roof: Dimensional Style; Shingle Structure Type: Quadruplex Showing Requirements: Showing Service
Listing Office: Keller Williams Bluegrass Realty
Last Updated: May - 26 - 2026
Information deemed reliable but not guaranteed.