318 Harding Street, Danville, KY 40422 (MLS# 25500497)

318 Harding Street, Danville, KY 40422

$295,000

Property Type: Residential Income Bedrooms: 5 Baths: 5 Square Footage: 3,872 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $295,000 List Date: 11/22/2025 Last Modified: 6/02/2026

Overview

Description

This renovated 5-unit multifamily property in Danville combines historic character with modern upgrades, making it a unique opportunity in Central Kentucky. Each unit offers a functional one-bedroom, one-bath layout, with separately metered electric service for tenant convenience. The landlord currently covers water, sewer, trash, and one shared electric meter, creating a simple and manageable ownership structure. The property has undergone significant renovations in 2025, including a new dimensional shingle roof, fresh vinyl siding with new gutters and soffits, porcelain countertops, updated tile work, brand new flooring, and fresh interior and exterior paint. These updates minimize deferred maintenance and provide modern living spaces that tenants can appreciate. Off-street parking adds additional value and ease of use for residents. Originally built in 1936, the building retains its classic charm while offering the efficiency of contemporary updates. The property is currently full ... (Read more)

Listing Details MLS# 25500497

Listing Information

Comp Sale YN: No
Property Sub Type: Apartment

Status Change Information

Price Change Timestamp: 2026-06-02T18:05:51Z
Status Change Timestamp: 2025-11-22
Back on Market Date: 2025-11-22

Address

County: Boyle
Street Number: 318
Street Name: Harding
Street Suffix: Street
State: KY
Zip Code: 40422
Directions: From Danville, take west main westbound until you reach maple ave, take a right onto maple ave at the light, then 2 blocks down to west lexington ave at the light, from there turn left onto west lexington avenue, Harding will be your first right at the stop sign, take a right and property will sit on your right.
Parcel Number: D01-005-023

Contract

Original List Price: 340000
Start Showing Date: 2025-10-09
Listing Contract Date: 2025-09-05
Listing Agreement: Exclusive Right To Sell
Owner Name: Don Alford
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 1404761.9
List Price/SqFt: 76.19

Tax Legal

MLS Area Major: 012 - Boyle County
Subdivision Name: Cresent Heights
High School District: Danville City - 126

Interior

Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 5
Living Area: 3872
Living Area Source: Public Records
Bathrooms Half: 0

More Information

Building

Year Built: 1936
Stories Total: Yes
Accessibility Features YN: No

Lot

Lot Size Acres: 0.21
Lot Size Square Feet: 9147.6

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: This renovated 5-unit multifamily property in Danville combines historic character with modern upgrades, making it a unique opportunity in Central Kentucky. Each unit offers a functional one-bedroom, one-bath layout, with separately metered electric service for tenant convenience. The landlord currently covers water, sewer, trash, and one shared electric meter, creating a simple and manageable ownership structure. The property has undergone significant renovations in 2025, including a new dimensional shingle roof, fresh vinyl siding with new gutters and soffits, porcelain countertops, updated tile work, brand new flooring, and fresh interior and exterior paint. These updates minimize deferred maintenance and provide modern living spaces that tenants can appreciate. Off-street parking adds additional value and ease of use for residents. Originally built in 1936, the building retains its classic charm while offering the efficiency of contemporary updates. The property is currently fully occupied, reflecting the strength and consistency of the Danville rental market. Known for its stability, Danville attracts long-term renters thanks to its combination of local amenities, Centre College, Ephraim McDowell Regional Medical Center, and the cultural and recreational offerings of a vibrant small town. With all major renovations complete and stable occupancy in place, this property is positioned as a strong addition to any portfolio. Whether you are seeking reliable income or a well-maintained asset with room for long-term appreciation, this multifamily building presents a compelling opportunity in one of Central Kentucky's most established communities.

Income and Expenses

Gross Income: 43200
Insurance Expense: 3000
Net Operating Income: 30500
Real Estate Taxes: 4760
Utilities Expense: 4800

Showing Information

Showing Instructions: Minimum 24 hours notice to show.

Tax & Legal

Elementary School: Tolliver
Middle Or Junior School: Bate
High School: Danville
Tax Rate: 13.93
Zoning: Other
Zoning Description: RM2 - Low Density

Association/Community

Number Of Buildings: 1
Number Of Units Total: 5

Cooling

Electric: Yes
Heat Pump: Yes

Heating

Forced Air: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Gravel: Yes
On Site: Yes

Possession

Close Of Escrow: Yes

Roof

Dimensional Style: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Showing Requirements

Call Listing Agent: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Electric; Heat Pump Heating: Forced Air Listing Terms: Cash; Conventional Parking Features: Gravel; On Site Possession: Close Of Escrow Roof: Dimensional Style Special Listing Conditions: Standard Structure Type: Multi Family Showing Requirements: Call Listing Agent

Documents

Sellers Disclosure Of Property Condition ›

Listing Office: Zen Door Real Estate, Inc

Last Updated: June - 02 - 2026

Information deemed reliable but not guaranteed.