$329,900
$10K PRICE DROP

727 River Dr Irvine, KY 40336

Estimated payment $2,079/month

Total Views 16,709
8 Beds
4.5 Baths
5,040 Sq Ft
$65 Price per Sq Ft

About This Home

Solid 4-Plex Investment - Concrete Construction, Great Location! This 5,040 sq ft 2-story building features concrete block walls and concrete floors on both levels, ensuring quiet living and energy efficiency. It includes four large 2-bedroom, 1-bath units-one with an extra half bath. Each unit is all-electric with KY Utilities, Columbia Natural Gas, public water/sewer, and like-new HVAC systems. Roof is less than 5 years old. Concrete design + providers offering some of the lowest utility rates in the region help keep costs down. Prime location on KY HWY 52 with direct access and a dedicated turning lane-a major advantage for tenants and visitors alike. High visibility, easy entry, and steady traffic flow make this a standout multifamily investment. Currently rents for $2,500/month with a projected income of $3,200/month ($800/unit), offering strong returns on a $349,900 investment. Tenants enjoy 2 parking spots each plus guest parking. Located on KY HWY 52 for easy commutes, near Ravenna Choo Choo Park, restaurants, and stores. Just 30 minutes to I-75 and Richmond, KY with Walmart, Lowe's, Menards, and EKU. A smart, low-maintenance addition to your rental portfolio!

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Listing Agent

Joyce Realty

Joyce Marcum Realty Listed on: 10/17/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Gas Available

Home Details

Home Type

Single Family

Lot Details

0.25 Acres

Listing Details

  • Bedrooms: Beds: 8
  • BathsCombined: 4
  • Office Phone: 606-534-6866
  • Listing Website: https://www.land.com/property/727-river-drive-irvine-kentucky-40336/25237370/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Multi Family

  • Utilities Available: Electric Avail On Site, Gas Avail. On Site

Map

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Home Values in the Area

Source: Public Records

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Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2026 03/19/26 Price Changed $329,900 -2.9% $65 / Sq Ft
01/18/2026 01/18/26 For Sale $339,900 0.0% $67 / Sq Ft
01/05/2026 01/05/26 Off Market $339,900 -- --
10/17/2025 10/17/25 For Sale $339,900 -- $67 / Sq Ft
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