$295,000

370 Payne St Georgetown, KY 40324

$3,503
Closing credit¹
9 beds
3 full
2,304 sqft
$128 / sqft
Multi-Family

Property details

About 370 Payne St

Great investment opportunity in Georgetown! This renovated tri-plex features three well-maintained apartments, each offering 3 bedrooms and 1 bath. Two units are currently rented at $800 per month, providing immediate income, while the third unit is vacant and available for showings. Recent updates include a brand-new roof (2024), fresh carpeting, new flooring, fresh paint, and modernized bathrooms, ensuring a move-in-ready experience for tenants. Whether you're expanding your portfolio or looking for a solid income-generating property, this tri-plex is a fantastic find in desirable Georgetown Kentucky!

Highlights

Home typeMulti Family
HeatingElectric, Baseboard
StatusActive
CoolingWindow Unit(s), Electric
Size2,304 sqft
Year built9999
Parking6 - 10 Spaces, On Site
MLS #25003639

Summary

  • MLS Number: 25003639
  • Office Name: Coldwell Banker McMahan
  • Office Phone: (502) 867-4900
  • Office Email: knisbet@coldwellbanker.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: 3/1/2025, 1:20:52 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 facade featuring a patio, a front yard, and fence

$295,000

370 Payne St

$3,503

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 17, 2019
Home Sold
$225,000

Tax history

YearAssessmentProperty Tax
2023$140,200$1,271
2022$135,200$1,173
2021$135,200$1,259
2020$135,200$1,273
2019$110,700$966
2018$105,640$983
2017$105,640$983

History based on county public records data.

Nearby schools

2

Garth Elementary School

Public District KG-5

0.8 mi

501 S Hamilton St

4

Creekside Elementary School

Public District KG-5

1.2 mi

1100 E Main Street Ext

4

Southern Elementary School

Public District KG-5

1.6 mi

1200 Fairfax Way

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 $35,536. Residents of Georgetown, KY typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

49%
<35k
39%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • Burger KingBurger King

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Georgetown, KY

About 370 Payne St

This home is located at 370 Payne St in Georgetown, KY and zip code 40324. This 2,304 square foot home was built in 9999. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $295,000.

In January 2025, from all listings sold in Georgetown, KY there were more than 6 sold above asking price, over 22 sold below and more than 20 were sold right at the asked price. The number of homes for sale in Georgetown, KY decreased by 15.5% between December and January 2025. In January 2025 median list price was $340,941 and the average listing age was 38 days.

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

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