727 River Dr Irvine, KY 40336
Estimated payment $2,079/month
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
Home Details
Home Type
- Single Family
Bedrooms and Bathrooms
- 8 Bedrooms
Utilities
- Gas Available
Map
Home Values in the Area
Average Home Value in this Area
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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Ask me questions while you tour the home.