USAKYDanvilleDowntown135 E Walnut St
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$1,275,000

For Sale

16 days ago

135 E Walnut St, Danville, KY

Condo

MLS® 26026050

20 Bed

10 Bath

6864 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 6864 sqft
Garage 
HOA Fees 
Taxes 
Days Active 15
Approx. Age 1976
Avg. Price Per Sqft $185
MLS® Number 26026050

Property Address: 135 E Walnut St, Danville, KY, 40422-1840

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

Description

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.
MLS® Number26026050
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1976
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CElectric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 21, 2026List Date
$1,275,000List Price
  • Commute

Commute

Starting Address
Destination Address
135 E Walnut St, Danville, KY

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