125 E Walnut Street Danville, KY $ 980,000
125 E Walnut Street
$ 980,000
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125 E Walnut Street

Danville, KY, 40422
$ 980,000
Bedrooms14 Baths8.0 Sq 7,040

Monthly Estimate*

$ 6,188

125 E Walnut Street, Danville, KY 40422 - Image 1
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Multi-Family Home for sale in Danville, KY

for $980,000 with 14 bedrooms and 8 full baths. This 7,040 square foot home was built in 1976 on a lot size of 0.92.

Rare opportunity to acquire an 8-unit multifamily property in the heart of downtown Danville, Kentucky generating $110,400 in annual income. This well-positioned apartment building combines a convenient central location with significant property improvements and on-site parking. The property has been substantially improved, including a new roof, updated HVAC systems, and updated units throughout, reducing near-term capital improvement needs while offering an attractive foundation for continued multifamily ownership. Residents benefit from a highly convenient location beside historic Constitution Square and just blocks from Danville's Main Street district, with easy access to downtown restaurants, shopping, services, and community attractions. Ephraim McDowell Regional Medical Center is approximately 0.2 mile away, while Centre College is just minutes away along the Walnut Street corridor. With 8 units, extensive improvements, on-site parking and a walkable downtown location, the property offers an attractive opportunity for an investor seeking a manageable multifamily asset in a desirable central Danville setting. **May be purchased individually or together with the neighboring properties at 115 and 135 E. Walnut Street for a total 28-unit portfolio. For an expanded investment opportunity, the package may also include three additional Danville duplexes located on Aspen Drive, E. Cheryl Lane, and E. Erskine Drive, bringing the combined portfolio to 34 units.**

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Multi-Family Active

Price

$ 980,000

Bedrooms

14

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.92

Year Built

1976

Town/City

Danville

County/Region

Boyle

MLS | Web ID

26026048

Features
General
Heating Ductless Electric
Cooling Ductless Electric
Utilities Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow Subject To Tenant Rights
Zoning R
Year Built 1976
Property Subtype Apartment
Parcel Number D08-015-008
Gross Income 110400
County Boyle
Insurance Expense 3948
Property Type Residential Income
Attached Garage false
Subdivision Name Downtown
Full Baths 8
Status Active
Directions Downtown Danville to Second Street left on E. Walnut. Apartments are on left.
High School Danville
City Danville
High School District Boyle County - 12
Zoning Description Residential
Number Of Units Total 8
MLS Area 012 - Boyle County
Lot Size Units Acres
Lot Size Square Feet 40075.2
Elementary School Hogsett
Middle/Junior High School Bate
MLS Area Minor 012 - Boyle County
Structure Type Multi Family
Standard Status Active
Total Actual Rent 110400
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 14
Total Baths 8
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Exterior
Parking Features On Site
Total Parking 8
Lot Size Area 0.92
Number of Buildings 1
Building Area Total 7040
Lot Size Acres 0.92
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Internal Only
Street Number 1 125
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* Excluded Features
List By
Bluegrass Home Group

Broker

bluegrasshomegroup@gmail.com

Email

Affordability Calculator

$6,188
Per Month
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Monthly Principal & Interest
$6,188
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4759070 Elementary School
4699224 Middle School
Danville High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$980,000 Listed Price

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125 E Walnut Street, Danville, KY, 40422 is a Multi-Family Home for sale at $980,000 with 7,040 sqft and a lot size of 0.92. 125 E Walnut Street has 14 bedrooms, 8.0 baths, and was built in 1976. The property's zip code is 40422 which is in Danville, KY