For sale

Price cut: $20K (1/22)

$299,000

3047 Simpson Rd, Ashland, KY 41101

--beds

1baths

--sqft

Est.:

Quadruplex

Built in ----

-- sqft lot

$297,800 Zestimate^®

$--/sqft

$-- HOA

What's special

Excellent investment opportunity! This well-maintained 4-plex features four 2-bedroom, 1-bath apartments, each with its own laundry hookups for added convenience. Three of the four units have been updated within the last 2 year. Residents are responsible for their own utilities, keeping operating expenses low for the owner. Located in a convenient and accessible area, this property is close to shopping, schools, and work—making it highly desirable for renters. Whether you're expanding your portfolio or looking for a strong income-producing property, this 4-plex is a logical choice.

86 days

315

9

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1

Heating

Baseboard Electric

Cooling

Wall Unit(s)

Appliances

Laundry: In Unit, Wash/Dryer Hookup

Features

One Bath, Living Room, Kitchen/Dining
Has basement: No

Interior area

Total structure area: 0

Property

Parking

Parking features: Paved

Features

Levels: Two
Stories: 2

Lot

Size: 8,712 Square Feet
Topography: Rolling

Details

Parcel number: 038150102300

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Brick
Roof: Metal

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate Meter

Community & HOA

Location

Region: Ashland

Financial & listing details

Tax assessed value: $232,000
Annual tax amount: $1,568
Price range: $299K - $299K
Date on market: 12/1/2025

Estimated market value

$297,800

$283,000 - $313,000

$1,022/mo

Price history

Date	Event	Price
1/22/2026	Price change	$299,000-6.3%
Source: AABR #59828 Report a problem
12/1/2025	Listed for sale	$319,000+37.5%
Source: AABR #59828 Report a problem
11/8/2025	Listing removed	$800
Source: Zillow Rentals Report a problem
10/11/2025	Listed for rent	$800
Source: Zillow Rentals Report a problem
7/16/2025	Listing removed	$800
Source: Zillow Rentals Report a problem
7/1/2025	Listed for rent	$800+1.3%
Source: Zillow Rentals Report a problem
5/16/2025	Listing removed	$790
Source: Zillow Rentals Report a problem
5/2/2025	Listed for rent	$790
Source: Zillow Rentals Report a problem
2/6/2025	Listing removed	$790
Source: Zillow Rentals Report a problem
12/29/2024	Listed for rent	$790+9.7%
Source: Zillow Rentals Report a problem
10/11/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/27/2023	Listed for rent	$720+4.3%
Source: Zillow Rentals Report a problem
1/25/2023	Listing removed	--
Source: Zillow Rentals Report a problem
1/14/2023	Price change	$690-0.7%
Source: Zillow Rentals Report a problem
1/10/2023	Listed for rent	$695
Source: Zillow Rentals Report a problem
5/23/2022	Sold	$232,000-7.2%
Source: AABR #52719 Report a problem
3/22/2022	Contingent	$250,000
Source: AABR #52719 Report a problem
2/10/2022	Listed for sale	$250,000+48.8%
Source: AABR #52719 Report a problem
3/1/2021	Sold	$168,000-9.2%
Source: AABR #50741 Report a problem
1/18/2021	Listed for sale	$185,000+95.8%
Source: ADVANTAGE PLUS REALTY #50741 Report a problem
1/23/2019	Listing removed	$94,500
Source: RE/MAX REAL TEAM REALTY #46702 Report a problem
11/7/2018	Listed for sale	$94,500
Source: RE/MAX REAL TEAM REALTY #46702 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$1,568 +30.4%	$232,000 +38.1%
2022	$1,202 +140.2%	$168,000 +236%
2021	$501 +40.2%	$50,000
2020	$357 -0.2%	$50,000
2019	$358 -1%	$50,000
2018	$362 +11.6%	$50,000
2017	$324 +7.7%	$50,000
2016	$301 -0.3%	$50,000
2015	$302 -1.5%	$50,000
2012	$306	$50,000
2011	--	$50,000 -20.3%
2010	--	$62,700