$ 350,000 $ 399,000 12.3%

229 Sowder Lane

London, KY 40741

  • 14 Beds
  • 10 Baths
    Full Baths: 10
  • 1.31 Lot Size
  • - Year Built
Investor's Dream! This unique portfolio offers an incredible opportunity to own 10 doors in one transaction, featuring 2 single-family homes (each with 3 bedrooms and 1 bathroom) and 2 quadplexes with a total of 8 studio units. All four buildings are conveniently located on the same street, making them easy to manage and maintain.
#229, #231 and #235 Sowder ln.
Located just 5 minutes from downtown London, KY, and 1 minute from I-75, this portfolio offers easy access to local amenities, employment hubs, and transportation routes. All tenants are on month-to-month leases and have been long-term residents, providing a stable tenant base. Current rents are significantly below market (at least 30%), offering an excellent opportunity to reposition and add value.
The buildings are in need of updates and improvements, making this a prime opportunity for investors ready to unlock the full potential of this portfolio.
Broker owner
Listed by Freeman Brothers Realty LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $350,00012.3%

    Property Type Other Types

    Sub Type Quadruplex

    Listing Status Sold

    Purchase Type For Sale

    Subdivision City Limits

    MLS Listing ID 25000905

    Sold Date 04/08/25

    Bedrooms 14

    Full Baths 10

    Lot Size 1.310 Acres

    Acres 1.31

    Property Sub-Type Quadruplex

  • Location

    State KY

    County Laurel

  • Building

    New Construction No

  • Exterior

    View Y/N N

    Handicap Access No

    Private Pool No

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