725 E College Street, Georgetown, KY 40324

$949,900
Property Type: Residential Income Bedrooms: 20 Baths: 10 Square Footage: 6,273 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $949,900 List Date: 3/17/2026 Last Modified: 10/13/2026

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

Property Sub Type
Apartment
Comp Sale YN
No

Status Change Information

Price Change Timestamp
2026-06-11T01:00:09Z
StatusChangeDate
2026-03-17

Address

County
Scott
Street #
725
St Dir
E
Street
College
St Suffix
Street
State/Province
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 Price
949900
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
3957916.67
List Price/SqFt
151.43

Tax Legal

Area
005 - Scott County
Subdivision/Condo
Apple Creek
School District
Scott County - 5

Interior

Total # Bedrooms
20
Total Bathrooms
10
Baths - Full
10
Living Area
6273

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

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

Tax Rate
0.9527

Association/Community

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

Laundry Features

Common Area
Yes

Possession

Negotiable
Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Heating: Electric Roof: Shingle Structure Type: Multi Family Showing Requirements: Showing Service
Listing Office: Keller Williams Commonwealth
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.