$849,000

108 Pine St London, KY 40741

$10,000
Closing credit¹
16 beds
8 full
8,640 sqft
0.7 acres
$98 / sqft
Multi-Family

Property details

About 108 Pine St

Discover an exceptional investment opportunity in the heart of downtown London! Presenting a prime real estate portfolio featuring two well-maintained apartment buildings with a total of 8 fully occupied units, ensuring immediate cash flow. Six of the 8 units have been completely renovated. **Building 1** boasts 5 units, each offering 2 bedrooms and 1 bathroom, perfect for comfortable living. **Building 2** features 3 newly renovated units, also with 2 bedrooms and 1 bathroom, showcasing modern updates that appeal to today's tenants. With the potential for a remarkable 10% cap rate, this property stands out as a savvy investment choice.Located conveniently close to all downtown amenities, these apartments are ideal for those seeking a vibrant urban lifestyle. Don't miss this chance to seize a lucrative addition to your portfolio--schedule a viewing today!''

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
CoolingElectric
Size8,640 sqft
Lot size0.72 Acres
Year built1988
Parking11 - 20 Spaces, Paved
MLS #25002875

Summary

  • MLS Number: 25002875
  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 878-0021
  • Office Email: srobinson@century21advantage.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$849,000

108 Pine St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 08, 2024
Home Sold
$500,000

Tax history

YearAssessmentProperty Tax
2023$315,000$2,491
2021$270,000$2,227
2020$270,000$-
2019$270,000$2,250
2018$270,000$2,246
2017$270,000$2,244

History based on county public records data.

Nearby schools

9

London Elementary School

Public District PK-5

0.4 mi

600 N Main St

8

Johnson Elementary School

Public District PK-5

2.3 mi

1781 McWhorter Rd

10

Sublimity Elementary School

Public District PK-5

3.1 mi

900 Sublimity School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,598. The most common annual income of people living in London, KY is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

58%
<35k
35%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

45%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • KmartKmart
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • SonicSonic
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • ChevroletChevrolet

What do the neighbors listen to?

  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
  • CountryCountry
All data provided by Home Junction and Claritas

This home is located at 108 Pine St in London, KY and zip code 40741. This 8,640 square foot home, which was built in 1988, sits on a 0.72 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $849,000.

Over 1 listings were sold over their listed price in January 2025 in London, KY. In the same period over 14 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in London, KY between December and January 2025 decreased by 8.2%. Listings spent 52 days on the market in January 2025, and had a median list price of $227,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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