725 E College Street, Georgetown, KY 40324

$1,075,000
Property Type: Residential Income Bedrooms: 20 Baths: 10 Square Footage: 6,273 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $1,075,000 List Date: 3/17/2026 Last Modified: 5/26/2026

Overview

Description

Excellent opportunity to add a cash-flowing multi-family property to your portfolio! This 10-unit apartment complex features ten 2-bedroom, 1-bath units, making it an ideal rental property with strong demand for smaller, affordable units. Each unit offers a functional layout with a living area, kitchen, bedroom, and full bath, maximizing usability and rental potential. The building's layout provides individual unit access with exterior entry, making maintenance and tenant access convenient. Situated on a corner lot with nearby street parking and easy access to surrounding neighborhoods, this property is well-positioned for continued rental demand. Whether you are a seasoned investor looking to expand your portfolio or a buyer seeking a multi-unit property with value-add potential, this 10-unit complex offers excellent income potential and long-term upside.

Listing Details MLS# 26005232

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2026-03-17

Address

County
Scott
Street Number
725
Street Direction Prefix
E
Street Name
College
Street Suffix
Street
State
KY
Zip Code
40324
Directions
Lexington Kentucky- Follow S Limestone, W Main St and Newtown Pike to Georgetown
Parcel Number
167-20-241.000

Contract

Original List Price
1075000
Start Showing Date
2026-03-17
Listing Contract Date
2026-03-16
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
4479166.67
List Price/SqFt
171.37

Tax Legal

MLS Area Major
005 - Scott County
Subdivision Name
Apple Creek
High School District
Scott County - 5

Interior

Bedrooms Total
20
Bathrooms Total
10
Bathrooms Full
10
Living Area
6273
Bathrooms Half
0

More Information

Building

Year Built
1948
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.24
Lot Size Square Feet
10454.4

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Excellent opportunity to add a cash-flowing multi-family property to your portfolio! This 10-unit apartment complex features ten 2-bedroom, 1-bath units, making it an ideal rental property with strong demand for smaller, affordable units. Each unit offers a functional layout with a living area, kitchen, bedroom, and full bath, maximizing usability and rental potential. The building's layout provides individual unit access with exterior entry, making maintenance and tenant access convenient. Situated on a corner lot with nearby street parking and easy access to surrounding neighborhoods, this property is well-positioned for continued rental demand. Whether you are a seasoned investor looking to expand your portfolio or a buyer seeking a multi-unit property with value-add potential, this 10-unit complex offers excellent income potential and long-term upside.

Showing Information

Showing Instructions
Please use Showingtime to schedule all showings

Tax & Legal

High School
Scott Co
Tax Rate
0.9527

Association/Community

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

Cooling

Electric
Yes

Heating

Electric
Yes

Laundry Features

Common Area
Yes

Possession

Negotiable
Yes

Roof

Shingle
Yes

Structure Type

Multi Family
Yes

Showing Requirements

Showing Service
Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Heating: Electric Laundry Features: Common Area Possession: Negotiable Roof: Shingle Structure Type: Multi Family Showing Requirements: Showing Service
Listing Office: Keller Williams Commonwealth
Last Updated: May - 26 - 2026
Information deemed reliable but not guaranteed.