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Winchester, KY, 40391 • 40391 • Clark County
$60/sqft
-$20,000 since Apr 7, 2026
37Beds
20Baths
26,124Sqft
0.22 acLot
Downtown
40391
This home is getting attention
Listed 60 days ago · 471 views · 19 saves
Demand and pricing signals for this listing
471 views
People checking out this listing
19 saves
Buyers have saved this home
60 days on market
Established listing
$60/sqft
Price per square foot
Multi Family
Major CAPEX in 2022 & 2024 — Facade transformation, fully restored and renovated. Current grossing $168,000 annual rent, with $4,000/month upside — beats the 1% rule! The Kerr Building, the largest downtown historical landmark, features structural repairs, new roofing, brick tuck-pointing, secure key-fob entrances, central HVAC, modern kitchens, updated baths, and new flooring. 18 LIHTC apartments and 2 renovated ground-floor offices totaling 20 income-producing units. Additional space at 4-10 Main Street offers a blank canvas for tenant improvements and added cash flow. Downtown Winchester is thriving — turn-key, stabilized, and priced to sell. Seize this opportunity!
Standout features identified
Our analysis highlights facade transformation, new flooring, and new roofing as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $1,260,000 loan
Full calculator →Key facts and listing details
Market data and value estimates
3 schools rated nearby
Winchester, KY, 40391
10 events
Local context around this listing
Winchester, KY • Clark County
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