8 Unit Multifamily for Sale in Radcliff, KY

388 Elmwood Dr, Radcliff, KY 40160

Property Information

  • For Sale $695,000
  • Property Type Other
  • Property Size 8,628 SF
  • Lot Size 0.51 SF
  • Date Updated May 19, 2026

Description

Well-maintained 8-unit multifamily property offering immediate cash flow with value-add upside. The asset has undergone extensive renovations in 2022, including a new roof, windows and doors, HVAC units, water heaters, flooring, paint, appliances, and fully updated kitchens and bathrooms, minimizing near-term capital expenditures.

The property includes an unfinished basement with the potential to add two efficiency units, along with space for tenant storage units and a common laundry area, subject to buyer due diligence and approvals. This provides a clear opportunity to increase NOI beyond current operations.

The property is well-suited for a buy-and-hold investor or 1031 exchange buyer seeking a renovated, stabilized multifamily asset with future upside.

Contacts

Desmond Martin

Location

Contact Listing Broker
Desmond Martin
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