727 River Drive, Irvine, KY 40336
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727 River Drive, Irvine, KY 40336
727 River Drive, Irvine, KY 40336
727 River Drive, Irvine, KY 40336
727 River Drive, Irvine, KY 40336

$280,000

$329,900

15.1%
Est.Price: ?

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727 River Drive Irvine, KY 40336

8 Beds

5 Baths

5,040 SqFt

SOLD DATE : 06/08/2026

Key Details

Sold Price $280,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $55

Subdivision Downtown

MLS Listing ID 25013332

Sold Date 06/08/26

Bedrooms 8

Full Baths 4

Half Baths 1

Year Built 1981

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Apartment

Property Description

Solid 4-Plex Investment - Concrete Construction, Great Location!
This 5,040 sq ft 2-story building features concrete block walls and concrete floors on both levels, ensuring quiet living and energy efficiency. It includes four large 2-bedroom, 1-bath units—one with an extra half bath. Each unit is all-electric with KY Utilities, Columbia Natural Gas, public water/sewer, and like-new HVAC systems. Roof is less than 5 years old. Concrete design + providers offering some of the lowest utility rates in the region help keep costs down. Prime location on KY HWY 52 with direct access and a dedicated turning lane—a major advantage for tenants and visitors alike. High visibility, easy entry, and steady traffic flow make this a standout multifamily investment.

Currently rents for $2,500/month with a projected income of $3,200/month ($800/unit), offering strong returns on a $349,900 investment. Tenants enjoy 2 parking spots each plus guest parking. Located on KY HWY 52 for easy commutes, near Ravenna Choo Choo Park, restaurants, and stores. Just 30 minutes to I-75 and Richmond, KY with Walmart, Lowe's, Menards, and EKU. A smart, low-maintenance addition to your rental portfolio!

Location

State KY

County Estill

Interior

Heating Forced Air

Cooling Heat Pump

Exterior

Parking Features Paved

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N N

Roof Type Composition

Handicap Access No

Private Pool No

Building

New Construction No

Schools

Elementary Schools Estill Springs

Middle Schools Estill Co

High Schools Estill Co

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Joyce Marcum Realty
Jennifer Woods

Jennifer Woods

Agent, Co-owner

+1(859) 948-4431

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