Browse All Erlanger KY Multi-Family Properties for Sale

Brick Duplex. Each unit is 2 bedrooms 1 full bath and a shared a laundry. Both have separate driveways and entrances. The lower unit has just been painted, carpets cleaned and the bath has just had a complete renovation.

3234 Fieldcrest Drive, Erlanger

$275,000

4 Beds ⋅ 2 Baths ⋅ 644086 MLS

Pending when submitted. Fantastic opportunity for investors or owner occupants looking to house hack! This well-maintained duplex features two units, each offering 2 bedrooms, 1 full bathroom, two stories of living space, and a private basement. Separate utilities make ownership and management simple and efficient. Both units are move in ready, providing immediate income potential or the opportunity to live in one unit while generating rental income from the other. The property also offers a nice yard, ample off-street parking, and a convenient location close to shopping, dining, and major highways. Whether you're looking to expand your investment portfolio or purchase your first multifamily property, this duplex is a great opportunity. Schedule your showing today!

3 Ryle Road, Erlanger

$204,999

641132 MLS

The duplex that pays you back -- priced with the inspection already in mind. This duplex offers immediate income potential with two units generating a combined monthly rent of $1,840. Let's do this differently. This property has gone under contract twice, but didn't close. So here's the whole story before you ever book a showing: this is a solid circa-1950s duplex. We have done substantial work to solidify roof and water drainage on back of house. The foundation has been inspected and is solid. The finding: normal wear and tear consistent with the age of the structure. No structural failure. (Full documentation handed to any serious buyer on day one.) Now the good part: You can live for around $500 a month. The 2-bedroom unit is on the main floor. The separate entrance 1-bedroom unit is above. Both occupied, both renting under market. Options: Move into the upstairs unit, bring the downstairs to the going Erlanger rate of roughly $1,200-1,250, and your tenant covers nearly your entire payment. On an FHA loan at 3.5 down, that's an out-of-pocket housing cost around $450-500 a month. (At current rents of 1000 downstairs, you're still only 700 out of pocket each month). Renting a comparable one-bedroom in Erlanger costs twice that and buys you nothing. Here, someone else pays your mortgage while you build equity over time. Or, in a few years, you can move out, lease both units at market, and the building pays you instead. This is a value-priced, cash-flowing building for a buyer who can see past old-house bones to young cash flow. At $222,000 that's $111,000 per door, in a city where the median single-family home lists north of $400,000. Minutes from I-71/75, I-275, and CVG. 14 Locust Street. The best deal you can find in Erlanger today.

14 Locust Street, Erlanger

$480,000

6 Beds ⋅ 4 Baths ⋅ 633299 MLS

Rare Investment Opportunity! Four-Family Brick Building Don't miss your chance to own this exceptional income-producing property in a convenient location! This solid, full-brick four-family building features: Two 2 Bedroom units, and Two 1- Four-Car Garage- Ample parking for residents Full Basement- Extra storage or potential for additional amenities Convenient Location - Close to shopping, dining, and major highways Properties like this rarely come available in such a desirable area. Whether you're a seasoned investor or just starting out, this is a fantastic opportunity to add a high-demand, income-generating asset to your portfolio. Schedule your showing today!

4006 Rankin Drive, Erlanger

$287,000

4 Beds ⋅ 2 Baths ⋅ 632464 MLS

Are you looking to start a new business or move your existing office to the heart of Erlanger Ky. The City of Erlanger is offering (CAP) Incentive., A grant to convert the property from residential to office space. Businesses may request up to fifty percent of capitol improvement expenses up to $40,000.00($20,000.00MAX Reimbursement). Don't miss the opportunity to own this property! ZONEDROC, RESIDENTIAL TO OFFICE CONVERSION. MIXED USE. Property has been in the family for over 30 years. Located one block off of I-75. Call me for more information.

459 Commonwealth Avenue, Erlanger

$470,000

6 Beds ⋅ 4 Baths ⋅ 625178 MLS

Beautiful all-brick 4-family home perfectly situated on a quiet dead-end street. The property features two spacious 2-bedroom units and two cozy 1-bedroom units, each boasting updated bathrooms and kitchens with new cabinets and granite counters. Fresh paint and new flooring is found throughout, and the roof is only 3 years old. Each unit has Central AC. Residents will appreciate the rear-entry 4-car garage, four washer/dryer hookups in the basement, and private basement storage rooms for each unit. Set on a large lot, this property provides a serene living environment with easy access to nearby amenities, making it an excellent investment or multi-family living opportunity.

4221 1/2 Lafayette Court, Erlanger

$240,000

4 Beds ⋅ 2 Baths ⋅ 616707 MLS

Introducing a Charming Brick Duplex Home with Endless Possibilities! Nestled in a serene and picturesque neighborhood*This remarkable brick duplex home offers the perfect blend of comfort, convenience and versatility*With two separate units, each featuring two bedrooms and one bathroom, this property is an excellent investment opportunity, a multi-generational haven or a chance to offset your mortgage with rental income*New carpet and flooring in lower unit and hardwood floors in the upper unit*Separate driveways for off-street parking for each unit*Don't miss out on this incredible opportunity to own a brick duplex in a beautiful neighborhood*Contact us today to schedule a viewing and envision the possibilities that await you in this charming home*

3234 Fieldcrest Drive, Erlanger

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