Situated on approximately 7 scenic acres in Hodgenville, Kentucky, this unique income-producing property offers multiple structures and strong potential for investors seeking rental income, acreage, and future value-add opportunities. The primary residence is a 2,600 square foot ranch-style home featuring 4 bedrooms and 2 bathrooms. The home offers spacious living areas, a large remodeled kitchen, and a welcoming front porch overlooking the property. The home is currently tenant occupied with established rental income of $1,900 per month, providing immediate cash flow. Also located on the property is a 640 square foot studio apartment, complete with a full bathroom, kitchen, and open living space. This unit is currently rented for $975 per month plus $200 in pet rent, generating $1,175 per month in total rental income and adding another established revenue stream. In addition to the residential units, the property includes a 1,200 square foot commercial-style building that was previously used as a store. The structure features an open concept layout and a bathroom, offering a variety of potential uses including additional rental income, workspace, storage, or future conversion. The property also includes an RV parking area that could provide additional rental income, further expanding the property's potential for investors looking to maximize returns. With multiple structures, existing rental income, acreage, and additional income possibilities, this is a rare investment opportunity in the Hodgenville area. The property is being sold as-is and is best suited for investor buyers. Buyer and buyer’s agent to verify all information including square footage, rental income, zoning, and property details.
For sale
$299,000
1401 Walter Reed Rd, Hodgenville, KY 42748
4beds
2,600sqft
Est.:
Single Family Residence
Built in 2001
7 Acres Lot
$297,800 Zestimate®
$115/sqft
$-- HOA
What's special
Large remodeled kitchenRv parking area
- 7 days |
- 1,740 |
- 52 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 06, 2026 at 12:18pm
Listed by:
The Brantingham Group Team,
KELLER WILLIAMS HEARTLAND
Source: HKMLS,MLS#: HK2600822
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Primary bathroom
- Level: Main
Bathroom
- Features: Tub/Shower Combo
Kitchen
- Features: Other
Basement
- Area: 0
Heating
- Furnace, Gas
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator, Electric Water Heater
- Laundry: In Hall
Features
- Ceiling Fan(s), Walls (See Remarks), Living/Dining Combo
- Flooring: Hardwood
- Basement: None
- Number of fireplaces: 1
- Fireplace features: 1, Gas
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Other-See Remarks
Features
- Fencing: None
- Body of water: None
Lot
- Size: 7 Acres
- Features: Rural Property, Wooded, County, Other
Details
- Additional structures: Outbuilding
- Parcel number: 019000003904
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New Construction
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Hodgenville
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $115,000
- Annual tax amount: $481
- Price range: $299K - $299K
- Date on market: 3/5/2026
Estimated market value
$297,800
$283,000 - $313,000
$1,421/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for sale | $299,000$115/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $481 -7.2% | $115,000 |
| 2022 | $519 -0.1% | $115,000 |
| 2021 | $519 -4.2% | $115,000 |
| 2020 | $542 +0.7% | $115,000 |
| 2019 | $538 +6.7% | $115,000 |
| 2018 | $504 +5% | $115,000 +35.3% |
| 2016 | $480 | $85,000 |
| 2015 | $480 | $85,000 -57.5% |
| 2013 | $480 | $200,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,584/mo
Principal & interest
$1427
Property taxes
$157
More affordability tools
Climate risks
Neighborhood: 42748
Nearby schools
GreatSchools rating
- 6/10Hodgenville Elementary SchoolGrades: K-5Distance: 5.7 mi
- 7/10Larue County Middle SchoolGrades: 6-8Distance: 5.4 mi
- 8/10Larue County High SchoolGrades: 9-12Distance: 5.5 mi






