111-125 Highland Court, Danville, KY 40422

$1,330,000

Property Type: Residential Income Bedrooms: 32 Baths: 16 Lot Size (sq. ft.): 117,612 Status: Closed

Current Price: $1,330,000 List Date: 3/11/2024 Last Modified: 8/29/2025

Overview

Description

Discover this investment opportunity in the heart of Danville with this 16-unit complex, featuring 8 duplexes. Each duplex is laid out over two stories, offering 2 bedrooms, 1 bathroom, and the added convenience of a one-car basement garage. Situated on nearly 3-acres, the property not only provides ample living space but also the exciting potential for future expansion, making it a prime candidate for growth and profitability. Located in close proximity to downtown Danville, residents have easy access to a vibrant mix of shopping, dining, and entertainment options. This investment opportunity is perfect for those looking to capitalize on strong rental demand and the possibility of enhancing the property's value through development. Rental information is readily available upon request. Tenants pay all utilities. Seize this rare opportunity to invest in a property that promises both immediate returns and long-term benefits, all within the dynamic and growing community of Danville.

Listing Details MLS# 24004461

Listing Information

Comp Sale YN: No

Status Change Information

Status Change Timestamp: 2024-04-15
Purchase Contract Date: 2024-03-16
Close Date: 2024-04-15
Close Price: 1330000
Buyer Financing: Other
Sale Type: Arms Length Sale
Concessions Comments: N/A

Address

County: Boyle
Street Number: 111-125
Street Name: Highland
Street Suffix: Court
State: KY
Zip Code: 40422
Directions: Head south on S 4th St toward W Walnut St for 0.8 mile, then turn right onto Highland Ct; the destination will be on the right.
Parcel Number: D14-012-030

Contract

Original List Price: 1480000
Start Showing Date: 2024-03-11
Listing Contract Date: 2024-03-11
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 548148.15
Sold Price/Acre: 492592.59
SP/LP: 0.9

Tax Legal

MLS Area Major: 012 - Boyle County
Subdivision Name: Highlands
High School District: Boyle County - 12

Interior

Bedrooms Total: 32
Bathrooms Total: 16
Bathrooms Full: 16

More Information

Parking Information

Parking Total: 20

Building

Year Built: 1998
Stories Total: 2

Lot

Lot Size Acres: 2.7
Lot Size Square Feet: 117612

Remarks

Public Remarks: Discover this investment opportunity in the heart of Danville with this 16-unit complex, featuring 8 duplexes. Each duplex is laid out over two stories, offering 2 bedrooms, 1 bathroom, and the added convenience of a one-car basement garage. Situated on nearly 3-acres, the property not only provides ample living space but also the exciting potential for future expansion, making it a prime candidate for growth and profitability. Located in close proximity to downtown Danville, residents have easy access to a vibrant mix of shopping, dining, and entertainment options. This investment opportunity is perfect for those looking to capitalize on strong rental demand and the possibility of enhancing the property's value through development. Rental information is readily available upon request. Tenants pay all utilities. Seize this rare opportunity to invest in a property that promises both immediate returns and long-term benefits, all within the dynamic and growing community of Danville.

Showing Information

Showing Instructions: Showing Open House Monday March 18th 1:00-2:00pm Call lisiting agent for details

Tax & Legal

Elementary School: Hogsett
Middle Or Junior School: Bate
High School: Danville
Zoning Description: Residential

Association/Community

Number Of Buildings: 8
Number Of Units Total: 16

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Other: Yes

Property Features

Listing Terms: 1031 Exchange; Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Special Listing Conditions: Standard Structure Type: Other

Listing Office: eXp Realty, LLC

Last Updated: August - 29 - 2025

Information deemed reliable but not guaranteed.