Zoocasa Realty Inc., Brokerage

221 E 4Th Street, London, KY

Name: 221 E 4Th Street, For Sale in London - Zoocasa
Brand: Keller Williams Legacy Group
SKU: 26028525
Price: 385000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$385,000

850

MLS® 26028525

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 4905 sqft

Garage

Maintenance Fees

Taxes

Days Active 16

Approx. Age 1947

Avg. Price Per Sqft $78

MLS® Number 26028525

Property Address: 221 E 4th Street, London, KY, 40741

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

Description

**Prime Investment Opportunity in the Heart of Downtown London!** Expand your investment portfolio with this income-producing property featuring **5 rental units across 3 separate buildings**, currently zoned commercial and generating **$3, 950 in monthly rental income ($47, 400 annually)**! The property consists of two standalone homes, identified as House A and House B, along with a third building containing three additional rental units. **House A features a new metal roof**, and both homes offer basements with potential for conversion into additional efficiency apartments, subject to necessary approvals and permitting. Building 3 features two upstairs apartments, each offering 1 bedroom and 1 bathroom, along with a third rental unit on the lower level. **Apartment 1 has been renovated**, adding to the property's appeal. With a history of minimal vacancy and strong rental demand, this established investment offers consistent income potential. Tenants pay their own electric and water, helping minimize operating expenses. Situated in a convenient downtown location near local businesses, shopping, dining, and amenities, this property offers an attractive combination of **immediate rental income, multiple buildings, and potential for future expansion**. Whether you're growing your investment portfolio or looking for an established multifamily rental property, this downtown London opportunity is one you won't want to miss!

MLS® Number26028525

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1947

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatHeat Pump

A/CHeat Pump

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

Zoocasa Realty Inc., Brokerage

A group of people at an event are laughing and cheering, with one man enthusiastically greeting a seated couple in the front row.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice

2026 AODA Compliance Report
Feedback can be submitted through our standard communication channels such as our internal chat platform, email, phone etc., and accommodations are available upon request. Zoocasa reviews all feedback received, acknowledges concerns, and works to respond in a timely manner. Feedback is assessed and addressed appropriately to support continuous improvement of our services and accessibility practices.