115-135 E Walnut Street Danville, KY $ 3,200,000
115-135 E Walnut Street
$ 3,200,000
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115-135 E Walnut Street

Danville, KY, 40422
$ 3,200,000
Bedrooms52 Baths28.0 Sq 21,724

Monthly Estimate*

$ 20,205

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Multi-Family Home for sale in Danville, KY

for $3,200,000 with 52 bedrooms and 28 full baths. This 21,724 square foot home was built in 1976 on a lot size of 1.5.

Rare opportunity to acquire a 28-unit multifamily portfolio consisting of three neighboring apartment buildings at 115, 125 & 135 E. Walnut Street in downtown Danville, Kentucky . This well-positioned portfolio combines a highly desirable central location with extensive property improvements and the convenience of on-site parking. The properties have been significantly improved, including new roofs, updated HVAC systems and updated units throughout, allowing a new owner to benefit from substantial capital improvements already completed while minimizing near-term renovation needs. The location is a standout. Situated beside historic Constitution Square and just blocks from Danville's Main Street district, residents have convenient 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, placing the portfolio near two of Danville's major employment and educational anchors. With 28 units concentrated in one highly convenient location, the portfolio offers the efficiencies of larger-scale multifamily ownership along with strong accessibility and tenant appeal. The combination of updated units, major capital improvements, on-site parking and a walkable downtown location creates an attractive opportunity for investors seeking a stabilized multifamily asset in the heart of Danville. For buyers looking to expand the acquisition, additional Danville multifamily properties may also be available as add-on opportunities, including duplexes at 127-129 Aspen Drive, 134-136 E. Cheryl Lane and 155-157 E. Erskine Drive. These properties provide the option to increase unit count and further scale within the same market.

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Multi-Family Active

Price

$ 3,200,000

Bedrooms

52

Full Bath

28

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

1.5

Year Built

1976

Town/City

Danville

County/Region

Boyle

MLS | Web ID

26026063

Features
General
Heating Electric
Cooling Ductless Electric
Possession Close Of Escrow Subject To Tenant Rights
Roof Shingle
Year Built 1976
Property Subtype Apartment
Parcel Number D08-015-030..
Gross Income 372000
County Boyle
Insurance Expense 11844
Property Type Residential Income
Attached Garage false
Subdivision Name Downtown
Full Baths 28
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 28
MLS Area 012 - Boyle County
Lot Size Units Acres
Lot Size Square Feet 65470.68
Elementary School Hogsett
Middle/Junior High School Boyle Co
MLS Area Minor 012 - Boyle County
Structure Type Multi Family
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 52
Total Baths 28
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Exterior
Parking Features On Site
Total Parking 30
Lot Size Area 1.5
Number of Buildings 3
Building Area Total 21724
Lot Size Acres 1.5
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Internal Only
Street Number 1 115135
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* Excluded Features
List By
Bluegrass Home Group

Broker

bluegrasshomegroup@gmail.com

Email

Affordability Calculator

$20,205
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,205
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
0 Middle School
Danville High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$3,200,000 Listed Price

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115-135 E Walnut Street, Danville, KY, 40422 is a Multi-Family Home for sale at $3,200,000 with 21,724 sqft and a lot size of 1.5. 115-135 E Walnut Street has 52 bedrooms, 28.0 baths, and was built in 1976. The property's zip code is 40422 which is in Danville, KY