Excellent investment opportunity! This well-maintained 4-plex features four 2-bedroom, 1-bath apartments, each with its own laundry hookups for added convenience. Three of the four units have been updated within the last 2 year. Residents are responsible for their own utilities, keeping operating expenses low for the owner. Located in a convenient and accessible area, this property is close to shopping, schools, and work—making it highly desirable for renters. Whether you're expanding your portfolio or looking for a strong income-producing property, this 4-plex is a logical choice.
For sale
$319,000
3047 Simpson Rd, Ashland, KY 41101
--beds
1baths
--sqft
Est.:
Quadruplex
Built in ----
-- sqft lot
$316,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 30 days |
- 304 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 11:00pm
Listed by:
Alison W Christie,
Ross Real Estate Services
Source: AABR,MLS#: 59828
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Baseboard Electric
Cooling
- Wall Unit(s)
Appliances
- Laundry: In Unit, Wash/Dryer Hookup
Features
- One Bath, Living Room, Kitchen/Dining
- Has basement: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Paved
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,712 Square Feet
- Topography: Rolling
Details
- Parcel number: 038150102300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
- Roof: Metal
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meter
Community & HOA
Location
- Region: Ashland
Financial & listing details
- Tax assessed value: $168,000
- Annual tax amount: $1,202
- Price range: $319K - $319K
- Date on market: 12/1/2025
Estimated market value
$316,100
$300,000 - $332,000
$937/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Listed for sale | $319,000+37.5% |
Source:  AABR #59828 Report a problem | ||
| 11/8/2025 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 10/11/2025 | Listed for rent | $800 |
Source: Zillow Rentals Report a problem | ||
| 7/16/2025 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 7/1/2025 | Listed for rent | $800+1.3% |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $1,202 +140.2% | $168,000 +236% |
| 2021 | $501 +40.2% | $50,000 |
| 2020 | $357 -0.2% | $50,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,901/mo
Principal & interest
$1528
Property taxes
$261
Home insurance
$112
Climate risks
Neighborhood: 41101
Nearby schools
GreatSchools rating
- 5/10Crabbe Elementary SchoolGrades: K-5Distance: 1.1 mi
- 5/10Ashland Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Paul G. Blazer High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: Ashland Indepen
Source: AABR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
