Located just minutes from downtown Henderson, this income-producing 4-plex offers a solid opportunity for investors. Each unit features 1 bedroom and 1 bathroom. Three of the four units have been recently remodeled and are currently leased to tenants, providing immediate rental income. The fourth unit is vacant and ready for renovation—perfect for adding value and increasing future rental potential. Conveniently situated near shopping, dining, and major roadways, this property offers both long-term potential and short-term cash flow.
For sale
$225,000
738 1st St, Henderson, KY 42420
3beds
3baths
2,640sqft
Est.:
Quadruplex
Built in ----
-- sqft lot
$219,700 Zestimate®
$85/sqft
$-- HOA
What's special
- 33 days
- on Zillow |
- 741 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 07:20am
Listed by:
Brittany Duckworth,
ERA FIRST ADVANTAGE
Source: HAMLS,MLS#: 250366

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Gas Forced Air, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: None, Refrigerator, Range/Oven, Electric Water Heater, Gas Water Heater
Features
- Flooring: Vinyl
- Windows: Blinds
- Basement: None
- Has fireplace: Yes
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Parking
- Parking features: No Garage, Yes, Concrete
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Pool features: None
- Fencing: None
Lot
- Size: 2,795 Square Feet
- Dimensions: 43 x 65
Details
- Parcel number: 2731
- Zoning description: City
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Dry Wall, Brick
- Foundation: Concrete Block
- Roof: Rubber
Utilities & green energy
- Electric: City
- Gas: City
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Connected
Community & HOA
Location
- Region: Henderson
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $20,000
- Annual tax amount: $98
- Price range: $225K - $225K
- Date on market: 7/11/2025
- Total actual rent: 2400
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