$399,500

442 Patrician Place, Danville, KY 40422

  • 8 beds |
  • 4 baths |
  • 4,096 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investment opportunity in Danville! This well-maintained fourplex at 442 Patrician Place offers four 2 bed / 1 bath units in a split-level layout (2 up, 2 down), each with washer/dryer hookups and private back patios. One unit has a newly remodeled bathroom and another is currently vacant, perfect for showings or immediate lease-up. Current rents are $900, $875, and $775 with one vacancy. Market rent potential is approximately $1,000 per unit, giving this property strong upside. HVAC sources vary per unit, including mini splits, wall units, and ceiling cable heat. Roof and gutters have been replaced within the last 24-36 months. Located near major employers, shipping centers, and job opportunities, this property is ideal for tenants and investors alike. Neighboring fourplex also available, fully renovated. Pro forma rent roll could reach $4,000/month. Priced at $399,500, this is a great chance to own income-producing property with value-add potential in a growing market. Buyer to verify all information.

Listing Status:
Active
Date Added:
August 28, 2025 at 05:00AM
Listing Office:
Zen Door Real Estate, Inc : 859-279-2193
MLS ID:
25019162
  • A/C: ElectricOther
  • Heating: CeilingOther
  • Parking: GravelPaved
  • Roofing: Shingle
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Danville City - 126
  • County: Boyle
  • Zoning: d17rf0032
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Zen Door Real Estate, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mary G. Hogsett Primary School

300 Waveland Ave, Danville, KY, 40422

Grades PK-1

0.59 miles away

J

John W. Bate Middle School

460 Stanford Ave, Danville, KY, 40422

Grades 6-8

1.59 miles away

A

Anchor Academy

115 E Lexington Ave, Danville, KY, 40422

Grades 6-12

2.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.