About This Home

This 20-bedroom, 10-bathroom multi-family at 135 E Walnut Street in Danville, KY is listed for $1,275,000 ($186 per sqft). Built in 1976, the home offers 6,864 sqft of living space on a 0.92 acres lot.

Key Features

  • Built in 1976
  • 0.92 acre lot
  • 2 stories

Property Details

2 stories
10 full
1976

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$6,819/mo

20% down · 6.5% · 30 years

Principal$922
Interest$5,525
Insurance$372

Estimates only. Actual payments may vary.

Location

135 E Walnut Street

Danville, KY 40422

Downtown

Property Details

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 20-bedroom, 10-bathroom multi-family at 135 E Walnut Street is listed at $1,275,000 ($186/sqft). The estimated monthly payment is $6,819 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.92 acre lot, 2 stories.

This property is listed by Michelle Gunter and can be reached at 8595526672.

MG

Michelle Gunter

Agent at Bluegrass Home Group

(859) 552-6672

Listed by Bluegrass Home Group · Broker phone: 859-935-5884 · View on Broker Site

MLS# 26026050· Source: ImagineMLS· 1 day on PropertySimple

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

135 E Walnut Street, Danville, KY 40422

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