Fully Remodeled Duplex – Investor Special or House Hacker Opportunity! ?? 231 S Highland Ave, Winchester, KY Asking Price: $310,000 Property Overview: Fully remodeled, cash-flowing duplex located minutes from downtown Winchester. This property features a 4 bed / 2 bath unit upstairs and a 2 bed / 1 bath unit downstairs — both fully renovated inside and out. Currently fully occupied with great tenants and strong rental history. Excellent turnkey opportunity for investors or someone looking to live in one unit and rent the other! Recent Renovations: New roof Both units fully gutted and remodeled Granite countertops and tile flooring throughout New appliances New HVAC system upstairs New electric mini-split downstairs Updated bathrooms, kitchens, and mechanicals Financials: Monthly Rent: $3,166 Annual Income: $37,992 Monthly Expenses: $1,055.03 (owner pays WTS, electric for downstairs, gas for both) Net Operating Income (NOI): $25,331/year Cap Rate: ~8.17% at $310,000 Bonus Features: Upstairs has separate gas meter (landlord currently pays, but could be tenant-paid in future) 1-car detached garage with storage or potential to convert into efficiency apartment Located close to schools, parks, and shopping This one won’t last long — great tenants, fully renovated, and cashflow from Day 1! Selling As-Is. Inspections Welcome
Off market
$104,900
231 S Highland St, Winchester, KY 40391
6beds
3,000sqft
MultiFamily
Built in 1940
-- sqft lot
$-- Zestimate®
$35/sqft
$1,429 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat pump, Electric, Gas
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile, Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Vinyl, Brick
Lot
- Size: 6,098 sqft
Details
- Parcel number: 054400400100
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
- Foundation: Concrete Block
- Roof: Composition
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Winchester