Property Description

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 youre 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 | MLS# 644086

This multi-family property located at 3 Ryle Road, Erlanger, KY 41018 is currently listed for sale with an asking price of $275,000. Ryle Road is located within the Erlanger-Elsmere school district. Search Erlanger real estate on 2415chinquostreet.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: Central Air, None

Days on Market: 16

Heating: Natural Gas, Forced Air

Lot Size: 0.13 Acres

Roof Type: Shingle

Stories: 2.0

Feature Descriptions

Appliances: Electric Range, Dishwasher, Dryer, Refrigerator, Washer

Exterior: Brick, Concrete

Foundation: Poured Concrete

Interior: Storage, Eat-in Kitchen

Laundry: In Basement

Lot Dimensions: irr

Parcel Number: 004-30-21-250.02

Parking: No Garage, Off Street, On Street

Parking Total: 4

Patio/Porch: Porch

Property Condition: Existing Structure

Sewer: Public Sewer

Structure Type: Duplex

Sub Type: Multi Family

Units: 2

Utilities: Natural Gas Available, Sewer Available, Water Available

Water: Public

Window: Vinyl Frames

Local Schools

High School: Lloyd High

Middle School: Tichenor Middle School

Elementary School: Howell Elementary

School District: Erlanger-Elsmere

Demographics

Kenton County Demographic Information for 3 Ryle Road, Erlanger, KY 41018

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

$ 1,492.53 per month $1,412.32 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance

Change Payment Information

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3 Ryle RoadErlanger, KY 41018