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$75,000

For Sale

21 days ago

1516 29Th St, Ashland, KY

House

MLS® 60314

3 Bed

2 Bath

1496 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1496 sqft
Garage Yes
Taxes 
Days Active 20
Lot Size 
Approx. Age 
Avg. Price Per Sqft $50
MLS® Number 60314

Property Address: 1516 29th St, Ashland, KY, 41101-4067

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1516 29th St., Ashland, KY — a spacious 3-bedroom, 2-bath investment opportunity with immediate upside and strong rental potential. This large home features hardwood floors, a gas fireplace, and a bright sunroom that adds valuable living space tenants love. The layout offers generous room sizes and a functional flow, making it highly desirable for long-term occupancy. The property also includes a detached one-car garage and is ideally located just minutes from the local hospital, shopping, and dining — a key factor for consistent rental demand. Currently tenant-occupied with a long-term renter in place, providing immediate income from day one. This is a perfect opportunity for investors looking to expand their portfolio with a performing asset in a strong rental area. With minor improvements and light updates, this property offers excellent value-add potential and the ability to increase both equity and returns over time. Investor Note: Strong rent history and favorable price point position this property at approximately a 14.4% gross cap rate at full asking price, making it an attractive addition to any portfolio.
MLS® Number60314
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull
DrivewayDetached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$75,000List Price
  • Commute

Commute

Starting Address
Destination Address
1516 29Th St, Ashland, KY

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