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For sale
  • $1,275,000

    135 E Walnut St, Danville, KY 40422

    20beds
    6,864sqft
    : 
    $9,899/mo
    Get pre-qualified
    Multi Family
    Built in 1976
    -- sqft lot
    $1,169,600 Zestimate®
    $186/sqft
    $-- HOA

    What's special

    Updated hvac systemsNew roofOn-site parkingUpdated units throughout
    Rare opportunity to acquire a 10-unit multifamily property at 135 E. Walnut Street in the heart of downtown Danville, Kentucky, generating $144,000 in annual rental income. This well-positioned apartment building combines a convenient central location with significant property improvements and on-site parking. The property has been substantially improved, including a new roof, updated HVAC systems, and updated units throughout, reducing near-term capital improvement needs while offering an attractive foundation for continued multifamily ownership. Residents benefit from a highly convenient location beside historic Constitution Square and just blocks from Danville's Main Street district, with easy access to downtown restaurants, shopping, services, and community attractions. Ephraim McDowell Regional Medical Center is approximately 0.2 mile away, while Centre College is just minutes away along the Walnut Street corridor. With 10 units, extensive improvements, on-site parking and a walkable downtown location, the property offers an attractive opportunity for an investor seeking a manageable multifamily asset in a desirable central Danville setting. May be purchased individually or together with the neighboring properties at 115 and 125 E. Walnut Street for a total 28-unit portfolio. For an expanded investment opportunity, the package may also include three additional Danville duplexes located on Aspen Drive, E. Cheryl Lane, and E. Erskine Drive, bringing the combined portfolio to 34 units.
    21 days
    144
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Gunter 859-552-6672,

    Bluegrass Home Group,

    Erica Hunt 859-539-4437,

    Bluegrass Home Group

    Source: Imagine MLS,MLS#: 26026050MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 20
      • Bathrooms: 10
      • Full bathrooms: 10
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Interior area
      • Total structure area: 6,864
      • Total interior livable area: 6,864 sqft

      Property

      Parking
      • Parking features: Other
      Lot
      • Size: 0.92 Acres
      Details
      • Parcel number: D08015008.
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Shingle
      Condition
      • Year built: 1976

      Utilities & green energy

      • Utilities for property: Cable Available, Phone Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Park
      • Subdivision: Downtown
      Location
      • Region: Danville

      Financial & listing details

      • Price per square foot: $186/sqft
      • Date on market: 9/22/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Total actual rent: 144000

        Estimated market value

        $1,169,600

        $1.11M - $1.23M

        $1,136/mo

        Price history

        DateEventPrice
        9/22/2026Listed for sale$1,275,000$186/sqft
        Source: Imagine MLS #26026050 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40422

        Getting around

        55 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hogsett
        • Middle: Bate
        • High: Danville

        Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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