$200,000

518-520 Main Ave Georgetown, KY 40324

$2,375
Closing credit¹
4 beds
2 full
Multi-Family

Property details

About 518-520 Main Ave

Investment opportunity in downtown Georgetown! This well-maintained duplex features two ground-level units, each offering 2 bedrooms and 1 full bath. Recent updates include new carpet, fresh flooring, modernized kitchen cabinets, and a fresh coat of paint throughout, making this property both attractive and move-in ready. Both units are currently rented at $700 per month, providing immediate income. Whether you're a seasoned investor or just starting your portfolio, this turnkey duplex is a great opportunity in the desirable Georgetown Kentucky!

Highlights

Home typeMulti Family
HeatingElectric, Natural Gas
StatusActive
CoolingWindow Unit(s), Electric
Year built9999
Parking1 - 5 Spaces, Gravel
MLS #25003644

Summary

  • MLS Number: 25003644
  • 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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rear view of house with a patio

$200,000

518-520 Main Ave

$2,375

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Garth Elementary School

Public District KG-5

0.9 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. The most common annual income of people living in Georgetown, KY is less than $<35k. Residents typically live in single, no kids family. 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

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Frequently asked questions

Living in Georgetown, KY

About 518-520 Main Ave

This home is located at 518-520 Main Ave in Georgetown, KY and zip code 40324. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $200,000.

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. In January 2025 in Georgetown, KY there were 15.5% less homes for sale than in December. In January 2025, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $340,941.

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

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