1117 S Pawnee Trail, Georgetown, KY 40324 (MLS# 26012528)

1117 S Pawnee Trail, Georgetown, KY 40324

$1,250,000

Property Type: Residential Income Bedrooms: 18 Baths: 10 Square Footage: 8,460 Lot Size (sq. ft.): 27,979 Status: Active

Current Price: $1,250,000 List Date: 6/02/2026 Last Modified: 6/02/2026

Overview

Description

Exceptional opportunity to acquire a 10-unit multifamily property in the rapidly growing Georgetown, Kentucky market. Situated on approximately 0.64 acres, this well-maintained apartment complex features 8 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units totaling approximately 8,460 square feet. Each unit offers functional layouts with spacious living areas, kitchens equipped with washer/dryer hookups, and individually metered utilities, creating a favorable operating structure for ownership. The property includes ample paved off-street parking and is conveniently located near downtown Georgetown, Toyota Manufacturing, schools, shopping, dining, and major transportation corridors. With strong rental demand fueled by Georgetown's continued population and employment growth, this asset presents an attractive opportunity for both investors seeking stable cash flow and those looking for future value-add potential.

Listing Details MLS# 26012528

Listing Information

Comp Sale YN: No
Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2026-06-01

Address

County: Scott
Street Number: 1117
Street Direction Prefix: S
Street Name: Pawnee
Street Suffix: Trail
State: KY
Zip Code: 40324
Directions: S Broadway to Pocahontas to S Pawnee
Parcel Number: 167-30-128.000

Contract

Original List Price: 1250000
Start Showing Date: 2026-06-01
Listing Contract Date: 2026-06-01
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 1946131.09
List Price/SqFt: 147.75

Tax Legal

MLS Area Major: 005 - Scott County
Subdivision Name: Indian Acres
High School District: Scott County - 5

Interior

Bedrooms Total: 18
Bathrooms Total: 10
Bathrooms Full: 10
Living Area: 8460
Living Area Source: Public Records
Bathrooms Half: 0

More Information

Parking Information

Parking Total: 20

Building

Year Built: 1960
Stories Total: 2
Accessibility Features YN: No

Lot

Lot Size Acres: 0.6423
Lot Size Square Feet: 27979

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Exceptional opportunity to acquire a 10-unit multifamily property in the rapidly growing Georgetown, Kentucky market. Situated on approximately 0.64 acres, this well-maintained apartment complex features 8 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units totaling approximately 8,460 square feet. Each unit offers functional layouts with spacious living areas, kitchens equipped with washer/dryer hookups, and individually metered utilities, creating a favorable operating structure for ownership. The property includes ample paved off-street parking and is conveniently located near downtown Georgetown, Toyota Manufacturing, schools, shopping, dining, and major transportation corridors. With strong rental demand fueled by Georgetown's continued population and employment growth, this asset presents an attractive opportunity for both investors seeking stable cash flow and those looking for future value-add potential.

Building and Property Details

# of Dock Doors: Yes
Age of Roof: 10

Income and Expenses

Gross Income: 126000
Lawn Services Expense: 1000
Other Expense: 8400
Other Expense (B): 4500
Other Expense (B) Description: Insurance Estimate
Other Expense Description: Annual Utilities Expense
Taxes: 1250

Showing Information

Showing Instructions: Showings with accepted offer

Tax & Legal

Elementary School: Eastern
Middle Or Junior School: Georgetown
High School: Scott Co
Tax Rate: 0.9613
Zoning: Other
Zoning Description: R-3

Association/Community

Number Of Buildings: 1
Number Of Units Total: 10

Cooling

Heat Pump: Yes

Heating

Natural Gas: Yes
Radiant: Yes
Other: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Parking Features

Paved: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Structure Type

Multi Family: Yes

Showing Requirements

No Sign: Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Heat Pump Heating: Natural Gas; Radiant; Other Laundry Features: Electric Dryer Hookup; Washer Hookup Parking Features: Paved Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Structure Type: Multi Family Showing Requirements: No Sign

Documents

Sellers Disclosure Of Property Condition ›

P&L ›

Listing Office: Tru Life Real Estate

Last Updated: June - 02 - 2026

Information deemed reliable but not guaranteed.