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For sale
  • $224,900

    209 S 1st St, Nicholasville, KY 40356

    3beds
    2,941sqft
    : 
    $1,554/mo
    Get pre-qualified
    Triplex
    Built in 1791
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $-- HOA

    What's special

    Income producing historic asset in the heart of downtown Nicholasville! The Metcalf Place holds rich history as the first house to be erected in the establishing of the town of Nicholasville in the late 1700s. This now cash flowing triplex at 209 South 1st Street offers an excellent chance to start or expand your investment portfolio. All three units are currently occupied by month-to-month tenants - who would like to remain in place, providing immediate rental income with future flexibility for the next owner. Electric billed separately for each unit. Professionally managed for the past two years, the property has been consistently maintained and presents a solid foundation for an investor looking to add value. Gross rents total $2725 monthly. Whether you're looking for a long-term hold, value-add project, or addition to an existing rental portfolio, this downtown location offers a consistent rental base due to convenience to shopping, dining, parks, and major commuter routes. Don't miss this chance to own a cash-flowing multifamily property with immediate income, upside potential, and attractive pricing. Inspections welcome, property being sold "AS IS." Cash & conventional offers preferred. Listing agent has familial relationship with personal representative of the estate.
    45 days
    1,517
    78

    Zillow last checked:

    Listing updated:

    Listed by:

    Randi Mjos 859-539-4940,

    Building The Bluegrass Realty

    Source: Imagine MLS,MLS#: 26018793MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Interior area
      • Total structure area: 2,941
      • Total interior livable area: 2,941 sqft

      Property

      Lot
      • Size: 10,175 Square Feet
      • Dimensions: 90 x 100
      Details
      • Parcel number: 0582016010.00

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Condition
      • Year built: 1791

      Community & HOA

      Community
      • Subdivision: Downtown
      Location
      • Region: Nicholasville

      Financial & listing details

      • Price per square foot: $76/sqft
      • Tax assessed value: $120,000
      • Annual tax amount: $1,256
      • Date on market: 8/4/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,404/mo

        Price history

        DateEventPrice
        8/4/2026Listed for sale$224,900$76/sqft
        Source: Imagine MLS #26018793 Report a problem
        7/26/2026Contingent$224,900$76/sqft
        Source: Imagine MLS #26018793 Report a problem
        7/20/2026Listed for sale$224,900+87.4%$76/sqft
        Source: Imagine MLS #26018793 Report a problem
        6/8/2018Sold$120,000-7.3%$41/sqft
        Source: Imagine MLS #1809923 Report a problem
        5/22/2018Pending sale$129,500$44/sqft
        Source: Charles Collins Real Estate #1809923 Report a problem
        5/9/2018Listed for sale$129,500$44/sqft
        Source: Charles Collins Real Estate #1809923 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,256 -0.5%$120,000
        2024$1,262 -1.2%$120,000
        2023$1,278 $120,000
        2022$1,278 -0.2%$120,000
        2021$1,280 +473.5%$120,000
        2020$223 $120,000
        2019$223 +9.1%$120,000 +9.1%
        2018$205 $110,000
        2017$205 -81.5%$110,000
        2016$1,109 $110,000
        2015$1,109 $110,000
        2014$1,109 $110,000
        2013-- $110,000
        2012-- $110,000
        2011-- $110,000
        2010-- $110,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 40356

        Getting around

        61 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Nicholasville
        • Middle: West Jessamine Middle School
        • High: West Jess HS

        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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