Discover an exceptional investment opportunity in the heart of Walton, Kentucky! This 10-unit multifamily property, featuring a mix of 7 two-bedroom and 3 one-bedroom apartments, is perfectly positioned on N Main Street. Structurally sound with plenty of parking! Residents will enjoy easy access to local amenities, schools, and the highway. This building has a rich history in the city of Walton, as it was formerly the Walton School, serving the Walton Independent School District! New meters, valves, and shut off were replaced in 2024. The gas line has also been replaced to the street.
This property presents a significant value-add opportunity. Currently, the building has been fully gutted, offering a blank canvas for a visionary investor to redesign it how they envision. With 14-foot ceilings, there's potential to create unique and desirable living spaces, and a few units could possibly be converted into 3-bedroom units. With generous lot dimensions and flexible redevelopment potential, the site is ideal for investors seeking value-add multifamily, mixed-use possibilities, or a full-scale reimagining.
Seize the opportunity to transform this property into a highly desirable multifamily community and unlock its full investment potential!
For sale
Price cut: $10K (7/6)
$364,900
85 N Main St, Walton, KY 41094
--beds
0baths
12,180sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$30/sqft
$-- HOA
What's special
Plenty of parkingGenerous lot dimensions
- 90 days
- 442
- 21
Zillow last checked:
Listing updated:
Listed by:
Kevin Goff 859-322-4460,
Paragon Realty Partners
Source: NKMLS,MLS#: 643157
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: See Remarks
Features
- Windows: Other
- Basement: Full
Interior area
- Total structure area: 12,180
- Total interior livable area: 12,180 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 078.0112008.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block, Stone
- Roof: Shingle
Condition
- Existing Structure
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Water Available
Community & HOA
Location
- Region: Walton
Financial & listing details
- Price per square foot: $30/sqft
- Date on market: 6/2/2026
- Cumulative days on market: 208 days
Estimated market value
Not available
Estimated sales range
Not available
$1,270/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $364,900-2.7%$30/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $374,900$31/sqft |
Source: | ||
| 6/1/2026 | Listing removed | $374,900$31/sqft |
Source: | ||
| 5/18/2026 | Price change | $374,900-6%$31/sqft |
Source: | ||
| 5/13/2026 | Listed for sale | $399,000$33/sqft |
Source: | ||
| 4/14/2026 | Pending sale | $399,000$33/sqft |
Source: | ||
| 4/7/2026 | Price change | $399,000-11.1%$33/sqft |
Source: | ||
| 2/13/2026 | Price change | $449,000-10.2%$37/sqft |
Source: | ||
| 1/6/2026 | Listed for sale | $499,900$41/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 41094
Nearby schools
Schools provided by the listing agent
- Elementary: Walton-Verona Elementary
- Middle: Walton-Verona Middle
- High: Walton-Verona High
Source: NKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



