11212 Madison PikeIndependence, KY 41051

11212 Madison PikeIndependence, KY 41051

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$329,000
Multi Unit - Multiple MLS 642549 New to the Market
5 beds 3 full baths 3,294 sqft
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Listed By

Agency Name: Cahill Real Estate Services
Agency Phone: 859-344-0800

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Rare Find in the Heart of Independence! Great Opportunity with 3 Residences on this Property. Main Home is a Nostalgic Farm Home that has been divided into 2 units. Unit 1 is a 4 Room with Full Bath and Kitchen on the 1st Floor. Unit 2 is divided between the first and second floor with 3 bedrooms & full bath. The Carriage House is finished in the Upper Level and Partially Finished in the Lower Level (hookups for hair stylist station) from previous owner - 2 Car Detached Garage with Storage Above - property consists of 2 parcels and totals a little over an Acre - Great for Investment Property or Shared Living Space! New Siding on Both Residences - Roofs within the past 5 years - One New Garage Door - Garage Freshly Painted - All 3 Units are currently rented and require 24 hour notice for showings. Expense Numbers are Approx - will be verified for accepted buyer. All Information should be verified by Interested Party-Seller has not personally occupied the property.

11212 Madison Pike | MLS# 642549

This multi-family property located at 11212 Madison Pike, Independence, KY 41051 is currently listed for sale with an asking price of $329,000. Madison Pike is located within the Kenton Co Public school district. Search Independence real estate on 1325peregrineway.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial, Full
Basement: Yes
Cooling: Window Unit(s)
Days on Market: 5
Fireplaces: 1
Garage: 2
Heating: Forced Air
Lot Size: 1.09 Acres
Roof Type: Shingle
Stories: 1.5
Year Built: 1917

Feature Descriptions

Appliances: Electric Range, Electric Oven, Refrigerator
Exterior: Vinyl Siding
Fireplace: Stone
Fireplace Y/N: Yes
Foundation: Block, Stone
Lot Dimensions: 1.05 Acres
Owner Pays: Electricity, Gas, Heat, Water
Parcel Number: 047-20-00-062.00
Parking: Detached, Driveway, Garage, Garage Faces Front
Patio/Porch: Deck
Property Condition: Existing Structure
Sewer: Septic Tank
Special View Info: Neighborhood, Trees/W
Structure Type: Duplex
Sub Type: Multi Family
Units: 3
Utilities: Cable Available, Natural Gas Available, Water Available
Water: Public
Window: Other

Local Schools

High School: Simon Kenton High
Middle School: Twenhofel Middle School
Elementary School: Kenton Elementary
School District: Kenton Co Public

Demographics

Kenton County Demographic Information for 11212 Madison Pike, Independence, KY 41051
Fips
Fips Code 21117
Population
2020 to 2025 Change up 4.0%
2010 Count 159,720
2020 Count 169,064
2025 Estimate (V2025) 175,779
2020 Estimate (V2025) 169,042
Age Distribution (Years Old)
0 to 4 5.6%
5 to 17 22.6%
18 to 64 55.0%
65 and Older 16.8%
Gender
Male 49.8%
Female 50.2%
Place of Birth
Foreign 4.1%
US 95.9%
Education
High School Graduate, Age 25+ 92.9%
Bachelor's Degree or Higher, Age 25+ 37.4%
Computer and Internet use
Households with a computer 95.8%
Households with a broadband Internet subscription 92.0%
Language
English is Second Language, Age 5+ 5.5%
English is First Language, Age 5+ 94.5%
Veterans
Veterans 7,465
Income
Per Capita Income $43,733
Median Household Income $80,548
People in Poverty 9.8%
Commute
Average Work Commute Time 23 minutes
Housing
Total Housing Units 73,256
Households 67,367
Average Household Size 2.52
Owner-Occupied 70.7%
Multi-Family 26.0%
Owner-Occupied Median Value $244,400
Median selected monthly owner costs -with a mortgage $1,584
Median selected monthly owner costs -without a mortgage $580
Median gross rent $1,069
Building Permits
New Private Housing Issued 2024 699
Years at Residence
1 Year or More 88.7%
Less Than 1 Year 11.3%
Business and Employment
Private non-farm Establishments 3,297
Private non-farm Employment 68,018
Private non-farm Employment Growth up 0.5%
Nonemployer Establishments 11,254
Number of Firms 2,816
Business Production
Value of Shipments $2,537,540,000
Wholesale Trade $1,316,991,000
Retail Trade $1,601,623,000
Retail Sales Per Capita $8,235
Accommodation and Food Services $405,567,000
Land
Land Area 160.25 sq. miles
Population Per Square Mile 997

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,768.23 per month $1,672.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $95.96 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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