Clint Graves - Elite Realty Logo
$400,000
 $2,147 est/mo Sourced by Back At You

508 & 506 Platt Drive,Nicholasville, KY 40356

Nicholasville, KY 40356

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Description

Ready to buy your first investment property? Here's a great opportunity to live in one side of these 2 adjoining townhomes and rent out the other! Or, add these updated income-producing properties to your investment portfolio. The units are deeded separately, but they share a roof & a fence, making them a better package deal than to be sold separately. Beginning July 1, both tenants will be paying $1,200/month. The tenant in 508 Platt is planning to move out in September, so there is an opportunity to raise that rent to current fair market rates or, move into that side, with instant income from 506. The tenant in 506 has lived there for 8-10 yrs & would like to stay. The owner used to live in one of the units & has taken great care of the properties since converting them to rentals. Almost everything in each unit has been updated in the last 10 years, including new Trex deck boards in 2025; The roof (shared), water heaters & 506 HVAC were replaced in 2018; The 508 HVAC was replaced in 2017; New luxury vinyl flooring in 2015 (506) and 2018 (508). 48 hours notice required to show. Selling as is. Inspections welcome.

Details

MLS #26014582
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusPending
Year2002
Days On Site65
Listing Provided ByFirefly Realty & Investments | Shevawn Akers

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet3,192
Units2
Building(s)2
Acreage0.16

Interior

CoolingElectric
HeatingElectric, Heat Pump
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofDimensional Style, Shingle

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site, Open, Paved

Utilities

UtilitiesElectricity Connected, Underground Utilities

Area Information

StateKY
CountyJessamine
CityNicholasville
Zip Code40356
Area009 Jessamine County
SubareaJessamine County
Community NameOrchard
School DistrictJessamine County
Elementary SchoolRed Oak
High SchoolEast Jess HS
Listing VS Median (in Orchard)
Price:
$400,000
low | high
Med:
$210,000
97.5% of Average
sqft:
3,192
low | high
Med:
1,294
100% of Average
$ / sqft:
$125
low | high
Med:
$162
20.494590417311% of Average
On site:
65
low | high
Med:
76
85.526315789474% of Average
Sourced by Back At You

Market Activity 40356

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Additional Information

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Learn More About This Property

Clint Graves

Clint Graves

Elite Realty

 (270) 703-4359clintgraves45@gmail.com
StateKY
CountyJessamine
CityNicholasville
Zip Code40356
Area009 Jessamine County
SubareaJessamine County
Community NameOrchard
School DistrictJessamine County
Elementary SchoolRed Oak
High SchoolEast Jess HS
Listing VS Median (in Orchard)
Price:
$400,000
low | high
Med:
$210,000
97.5% of Average
sqft:
3,192
low | high
Med:
1,294
100% of Average
$ / sqft:
$125
low | high
Med:
$162
20.494590417311% of Average
On site:
65
low | high
Med:
76
85.526315789474% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $300K - $500K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
117 Sun Dial Court Property Photo 1
$381,635
117 Sun Dial Court
Nicholasville, KY 40356
Listing Updated: July 18, 2026 at 11:54:55 AM PDT

Clint Graves - Elite Realty