51 Shields Ln London, KY 40741
Property details
About 51 Shields Ln
🏢 Investment Opportunity - 4-Unit Apartment Building in Rural Laurel County, KYDiscover a solid investment in the heart of rural Laurel County! This multi-family apartment building features 4 income-generating units--two 2-bedroom units and two comfortable 1-bedroom units.Located just minutes from local stores, restaurants, and the popular Levi Jackson Wilderness Road Park, this property offers the perfect blend of convenience and rural charm. With high rental demand in the area and strong growth potential, this is a prime opportunity to expand your real estate portfolio.Property Highlights:4 total units (2 2BR / 2 1BR)Quiet, rural setting close to town amenitiesExcellent location near Levi Jackson ParkStrong rental income potentialGreat for long-term investment or owner-occupancy with rental incomeWhether you're a seasoned investor or just getting started, this property offers immediate cash flow and long-term value. Don't miss out on this rare opportunity in Laurel County!Buyer to verify all aspects of property and school systems.
Highlights
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 6
- Parking: 6 - 10 Spaces
- Heating: Electric
- List Price: $240,000
- Price/SqFt: $53
- Annual Tax Amount: $672
- Tax Year: 2023
- Directions: Take US 25W N from CorbinTurn Right onto State Hwy 1189At the traffic Circle take the 3rd to Hwy 229/Barbourville RoadTurn Right onto Sasser School RoadTurn Left onto Shields Subdivision RoadTurn Left onto Shields Ln
- Year Built: 1974
- Stories: 1
- Living Area: 4,516 SqFt
- Lot Size: 0.7 Acres
- MLS Number: 25012099
- Office Name: New Beginnings Real Estate LLC
- Office Phone: (606) 620-5105
- Office Email: anitajhallrealtor@gmail.com
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: 7/13/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 14, 2020 | Home Sold | $85,000 |
| Apr 01, 2019 | Home Sold | $53,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $85,000 | $672 |
| 2021 | $85,000 | $701 |
| 2020 | $120,000 | $- |
| 2019 | $120,000 | $1,000 |
| 2018 | $120,000 | $998 |
| 2017 | $120,000 | $997 |
History based on county public records data.
Nearby schools
9
Bush Elementary School
Public District PK-5
1.8 mi
•1832 E Laurel Rd
10
Sublimity Elementary School
Public District PK-5
2.0 mi
•900 Sublimity School Rd
9
London Elementary School
Public District PK-5
2.8 mi
•600 N Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,261. The most common annual income of people living in London, KY is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Dick's Sporting Goods
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Texas Roadhouse
Hardee's
Cracker Barrel
What do the neighbors drive?
Subaru
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country
News/Talk/Information
Frequently asked questions
About 51 Shields Ln
The listing price of 51 Shields Ln property is $240,000.
The property 51 Shields Ln is a multi located in London, Kentucky, 40741.
Active Listing: 51 Shields Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 51 Shields Ln are: Bush Elementary School (GreatSchools Rating 9/10), Sublimity Elementary School (GreatSchools Rating 10/10), London Elementary School (GreatSchools Rating 9/10), South Laurel Middle School (GreatSchools Rating 8/10), North Laurel Middle School (GreatSchools Rating 8/10), East Bernstadt Independent School (GreatSchools Rating 9/10), McDaniel Learning Center (GreatSchools Rating 1/10), South Laurel High School (GreatSchools Rating 7/10), North Laurel High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $672 (source: MLS/based on county public records data).
The last sale was on August 14, 2020 for $85,000 (source: MLS/tax record).
The property 51 Shields Ln is 4,516 SqFt (source: MLS/tax record).
The year of construction for 51 Shields Ln is 1974.
This home is located at 51 Shields Ln in London, KY and zip code 40744. This 4,516 square foot home, which was built in 1974, sits on a 0.70 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $240,000.
In June 2025, from all listings sold in London, KY there were more than 9 sold above asking price, over 26 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in London, KY between May and June 2025 increased by 9%. In June 2025 median list price was $245,000 and the average listing age was 49 days.