Multi-Family $ 325,000

6249 N Dixie Hwy

Elizabethtown, KY 42701

  • 4 Beds
  • 2 Baths
  • 1,360 SqFt
  • 1959 Year Built
Proven income, prime exposure, and immediate cash flow, this fully furnished, newly remodeled two-unit short-term rental checks every box for investors seeking a true turn-key opportunity. The main unit features a stylish 3-bedroom, 1-bath layout with modern finishes and a guest-favorite outdoor fire pit, while the second unit offers a private studio apartment with a full bath, ideal for traveling professionals or weekend guests. Both units convey fully furnished, allowing income to begin on day one.

The property has a strong, documented rental history with an average monthly gross income of approximately $4,135, including $4,361.87 in June, $4,680.70 in July, and $3,362.50 in August, nearly $50,000 in annual gross income. At the adjusted list price of $325,000, this produces an impressive ~15.3% gross cap rate, making it a standout cash-flowing investment.

Located directly on Dixie Highway, the property benefits from excellent visibility and accessibility, along with long-term upside potential for future commercial use or redevelopment as the corridor continues to grow. With remodeled interiors, furnished units, multiple income streams, and outstanding frontage, opportunities like this are rareschedule your showing today.
Listed by Keller Williams Heartland

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 360 sqft

    Price per Sqft $238

    MLS Listing ID 1705669

    Style Ranch

    Bedrooms 4

    HOA Y/N No

    Abv Grd Liv Area 1,360

    Year Built 1959

    Property Sub-Type Duplex

    Source APEX MLS (Greater Louisville Association of REALTORS®)

    Land Area 1360

  • Location

    State KY

    County Hardin

    Direction Take US-31W to 6429 N Dixie Hwy

  • Building

    Sewer Public Sewer

    Water Public

    Architectural Style Ranch

    Structure Type Block

  • Interior

    Heating Electric

    Cooling Central Air, Wall/Window Unit(s)

  • Exterior

    Exterior Feature None

    View Y/N No

    Roof Type Metal

    Garage No

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CONTACT

Hailey Shelman
Hailey Shelman

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