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85 N Main Street, Walton, KY 41094

MLS# 638970 Active

$449,000

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0 Beds
0 Baths
12,180 Sq Ft
meeting_room
3 Total Rooms
calendar_month
N/A Year Built
grass
Acres
paid
$37 Per Sq Ft
account_balance
No Has HOA

About This Home

Discover an exceptional investment opportunity in the heart of Walton, Kentucky! This 10-unit multifamily property, featuring a mix of 7 two-bedroom and 3 one-bedroom apartments, is perfectly positioned on N Main Street. Structurally sound with plenty of parking! Residents will enjoy easy access to local amenities, schools, and the highway. This building has a rich history in the city of Walton, as it was formerly the Walton School, serving the Walton Independent School District! New meters, valves, and shut off were replaced in 2024. The gas line has also been replaced to the street. This property presents a significant value-add opportunity. Currently, the building has been fully gutted, offering a blank canvas for a visionary investor to redesign it how they envision. With 14-foot ceilings, there's potential to create unique and desirable living spaces, and a few units could possibly be converted into 3-bedroom units. With generous lot dimensions and flexible redevelopment potential, the site is ideal for investors seeking value-add multifamily, mixed-use possibilities, or a full-scale reimagining. Seize the opportunity to transform this property into a highly desirable multifamily community and unlock its full investment potential!

Facts & Features

home Property Details

Home Type MultiFamily
Sub Type Apartment
Construction Brick
Roof Shingle
Foundation Block, Stone

landscape Lot Information

Lot Sq Ft 40,229 sq ft
Dimensions irreg, of record

garage Parking & Garage

Garage Spaces 0
Parking Features Parking Lot

chair Interior Features

Appliances See Remarks

thermostat Heating & Cooling

Heating Natural Gas
Cooling Central Air

electrical_services Utilities

Water Public
Sewer Public Sewer
Utilities Natural Gas Available, Water Available

school Schools

Elementary Walton-Verona Elementary
Middle Walton-Verona Middle
High School Walton-Verona High
District Walton Verona Indep

Estimated Monthly Payment

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location_on Location

Address 85 N Main Street, Walton, KY 41094
County Boone

Property History

Date Event Price
01/06/2026 Listed for Sale $449,000
02/20/2026 schedule 45 Days on Market $449,000
02/13/2026 Price Change $499,900 → $449,000

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