Downtown Homes with Apartment Subtype

Downtown Homes with Apartment Subtype

Welcome to Downtown Kentucky, a vibrant and bustling subdivision that perfectly blends urban sophistication with a warm, community-oriented atmosphere. Nestled in the heart of this charming state, Downtown offers an eclectic mix of historic architecture and modern living, making it an ideal place for those seeking a dynamic lifestyle.

The homes in Downtown are particularly appealing for those interested in the apartment subtype, providing a unique opportunity for residents to enjoy the convenience of city living. With a variety of stylish apartment options, these residences cater to diverse tastes and preferences, ranging from contemporary lofts to cozy, character-filled units. Many of these homes boast stunning views of the city skyline, allowing residents to soak in the beauty of their surroundings right from their living rooms.

Living in Downtown means you're just steps away from an array of attractions. Enjoy a leisurely stroll through local parks, savor delicious cuisine at trendy eateries, or explore boutique shops that showcase the creativity of local artisans. The area also hosts a vibrant arts scene, with galleries and theaters offering a rich tapestry of cultural experiences.

For those looking to balance work and play, Downtown is conveniently located near major business districts, providing easy access to employment opportunities while still allowing for a lively social life. With well-connected public transport options and walkable streets, residents can easily navigate the area, making it a perfect choice for professionals, families, and retirees alike.

Experience the charm and excitement of Downtown Kentucky, where your dream apartment awaits in a community that truly feels like home.

Newest Downtown Homes with Apartment Subtype

115-135 E Walnut St, Danville
$3,200,000
52 Beds ⋅ 28 Baths ⋅ 26026063 MLS
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.

115-135 E Walnut St, Danville

125 E Walnut St, Danville
$980,000
14 Beds ⋅ 8 Baths ⋅ 26026048 MLS
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.**

125 E Walnut St, Danville

135 E Walnut St, Danville
$1,275,000
20 Beds ⋅ 10 Baths ⋅ 26026050 MLS
Rare opportunity to acquire a 10-unit multifamily property at 135 E. Walnut Street in the heart of downtown Danville, Kentucky, generating $144,000 in annual rental 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 10 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 125 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.

135 E Walnut St, Danville

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