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8-Unit Multifamily in Radcliff

388 Elmwood Dr, Radcliff, KY 40160

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Overview

388 Elmwood Drive presents a strong multifamily investment opportunity in the growing Hardin County market. The property features turnkey units ready for immediate occupancy and cash flow, with ownership completing substantial improvements including a new roof, updated mechanical, electrical, and plumbing systems, renovated interiors, fresh paint, and additional capital upgrades throughout the property.

Ownership has already increased rents on select units, while current vacancies provide additional lease-up and income upside for a future investor. Tenants are responsible for utilities, including water, creating an efficient operating structure with favorable expenses.

The property also includes two unfinished efficiency units that offer future value-add potential through renovation and lease-up.

Located near Fort Knox and the Glendale BlueOval SK development corridor, the property is well-positioned to benefit from continued economic growth, job creation, and increasing housing demand throughout the region.

Attachments

For Sale

Multifamily
Sale Price
$675,000
Price Per SF
$78.23/SF
Building Size
8,628 SF
Acres
0.506 ac
Zoning
R6
Zoning Desc.
Residential 6 High Density Multi Family
Building Name
388 Elmwood Dr
Year Built
1978
Parking Spaces
10
Nearest MSA
Elizabethtown-Fort Knox
Avg. Occupancy
67%
Total Units
8
County
Hardin
Available
01/14/2026
Listed
01/16/2026
Updated
05/15/2026
Listing ID
3c68deab
Parcel APN
160-10-03-038