187-243 Fugate Lane
Turnkey 10-Unit Multifamily Investment in Bullitt County
Marketing description
Exceptional opportunity to acquire a fully occupied 10-unit multifamily portfolio in the rapidly expanding Bullitt County corridor. Located at 187–243 Fugate Lane in Shepherdsville, this offering includes three single-level duplex buildings and one fourplex, constructed in 2005 with durable all-brick exteriors and new roofs installed approximately two years ago.
Each unit features a spacious two-bedroom, two-bathroom layout with private driveways and generous yard space. With separate metering and a strong rental history, this asset provides stable cash flow in a high-demand rental market just minutes from I-65 and a short drive to Louisville. Gross annual income is $122,340, with average rents around $1,019 per month.
Investment highlights
10 Total Units | 100% Occupied
Three duplexes + one fourplex configuration
All 2 bed / 2 bath floorplans
Built in 2005 with all-brick construction
New roofs installed approx. 2 years ago
Separate metered utilities
Private driveways and yard space for each unit
Gross Annual Income: $122,340
Located within 5 minutes of I-65 Exit 117
Positioned in high-growth Bullitt County near Louisville
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