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$349,900

727 River Dr Irvine, KY 40336

8 beds
4 full, 1 partial
5,040 sqft
0.3 acres
$69 / sqft
Multi-Family

Property details

About 727 River Dr

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!

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
CoolingHeat Pump
Size5,040 sqft
Lot size0.25 Acres
Year built1981
Parking6 - 10 Spaces, Paved
MLS #25013332

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 8
  • Parking: 6 - 10 Spaces, Paved
  • Heating: Forced Air
  • Cooling: Heat Pump
  • List Price: $349,900
  • Price/SqFt: $69
  • Directions: From Richmond, take KY Highway 52 East towards Irvine. After the bridge, turn right onto River Drive. Property will be about a mile up on the left.
  • Year Built: 1981
  • Stories: 2
  • Living Area: 5,040 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: 25013332
  • Office Name: Joyce Marcum Realty
  • Office Phone: (859) 624-0088
  • Office Email: jmarcum21@aol.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: 7/25/2025, 6:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

West Irvine Intermediate School

Public District 3-5

1.9 mi

155 Riverview Rd

7

Waco Elementary School

Public District PK-5

10.3 mi

359 Waco Loop Rd

3

Clay City Elementary School

Public District PK-5

12.3 mi

4901 Main St

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 $26,212. Residents of Irvine, KY typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

59%
<35k
34%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • DodgeDodge

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 727 River Dr

The listing price of 727 River Dr property is $349,900.

The property 727 River Dr is a multi located in Irvine, Kentucky, 40336.

Active Listing: 727 River Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 727 River Dr are: West Irvine Intermediate School (GreatSchools Rating 4/10), Waco Elementary School (GreatSchools Rating 7/10), Clay City Elementary School (GreatSchools Rating 3/10), Estill County Middle School (GreatSchools Rating 4/10), Powell County Middle School (GreatSchools Rating 3/10), Clark Moores Middle School (GreatSchools Rating 5/10), Estill County High School (GreatSchools Rating 3/10), Powell County High School (GreatSchools Rating 2/10), Lee County Middle High School (GreatSchools Rating 3/10).

The property 727 River Dr is 5,040 SqFt (source: MLS/tax record).

The year of construction for 727 River Dr is 1981.

This home is located at 727 River Dr in Irvine, KY and zip code 40336. This 5,040 square foot home, which was built in 1981, sits on a 0.25 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $349,900.

In June 2025 more than 0 listings in Irvine, KY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. The number of homes for sale in Irvine, KY increased by 14.7% between May and June 2025. In June 2025 median list price was $189,950 and the average listing age was 55 days.

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

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