520 N Magnolia Drive, Mt Sterling, KY 40353

New Listing
$100,000
Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,488 Lot Size (sq. ft.): 8,504 Status: Active
Current Price: $100,000 List Date: 6/15/2026 Last Modified: 6/16/2026

Description

**ABSOLUTE AUCTION** Starting 6/20/26 @ DJSauctionsUSA.com ending with a Live Onsite Simulcast @ 770 Bedford Rd Jeffersonville KY at 12:00 noon on Saturday 7/11/2026 Johnnie C Tabor Estate Opportunity awaits with this income-producing duplex conveniently located in the heart of Mount Sterling! Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or add a low-maintenance property to your holdings, this versatile duplex offers excellent potential. Each unit features 2 bedrooms and 1 bathroom with comfortable living spaces, functional layouts, and private entrances, providing convenience and privacy for occupants. The interiors offer spacious living rooms, practical kitchens with ample cabinetry, dedicated laundry areas, and comfortable bedrooms. Several spaces provide opportunities for cosmetic updates, allowing the next owner to add value while building equity. The property sits on a generous lot with ample green space and a rear yard ideal for outdoor enjoyment. A covered front porch adds curb appeal and creates a welcoming entrance for residents and guests alike. The walkout lower level provides additional storage and utility space. Located just minutes from downtown Mount Sterling, shopping, restaurants, schools, and local amenities, this property combines small-town charm with convenient access to everyday necessities. Property Highlights: Duplex investment opportunity 2 Bedrooms / 1 Bathroom Ideal for owner-occupants or investors Separate living spaces with private entrances Spacious living rooms and functional kitchens Dedicated laundry areas Comfortable bedrooms and full baths Covered front porch Walkout crawl space storage area Large yard with room to enjoy outdoor living Convenient in-town location near downtown Mount Sterling Whether you're searching for your next investment property or a chance to offset your mortgage with rental income, 520 North Magnolia offers flexibility, potential, and long-term value. Agent Note: Buyer to verify square footage, lot size, zoning, rental restrictions, and all aspects of the property to their satisfaction.

Supplements: ********

More Information MLS# 26013841

Listing Information

Comp Sale YN: No Property Sub Type: Duplex

Address

Zip +4: 1028 Directions: For 520 N Magnolia Dr take Exit 110 off I-64 go toward Mt Sterling on Maysville Rd. At the O-Reilley's Auto Parts you will turn into the Garden Springs Subdivision once you make the hard right turn on Garden Springs Dr you will take an immediate left on to Larkspur dr. When you come to the end of Larkspur Dr at Magnolia you will take a Left the property will be approx. 1/4 of a mile up on your right. 7/11/2026 Sale Site you will take KY St RTE 460 to Jeffersonville KY to Bedford Rd (KY St Rte 213) take a left off of 460 on to Bedford Rd. 770 Bedford Rd is approx 1mile down Bedford on your Right watch for the signs. Parcel Number: 23M-40-08-062.00 County: Montgomery Street Number: 520 Street Direction Prefix: N Street Name: Magnolia Street Suffix: Drive State: KY Zip Code: 40353

Contract

Start Showing Date: 2026-06-15 Listing Agreement: Exclusive Right To Sell Owner Name: TABOR JOHNNIE & SHIRLEY Occupant Type: Occupied Office Exclusive YN: No List Price/Acre: 512820.51 List Price/SqFt: 67.2 Current Price: $100,000 Original List Price: 100000 Status: Active Listing Contract Date: 2026-06-15 List Price: $100,000

Tax & Legal

Elementary School: Mt Sterling Middle Or Junior School: Montgomery Co High School: Montgomery Co

Association/Community

Number Of Buildings: 1 Number Of Units Total: 2

Interior

Living Area: 1488 Living Area Source: Public Records Bathrooms Half: 0 Bedrooms Total: 4 Bathrooms Total: 2 Bathrooms Full: 2

Parking Information

Parking Total: 4

Building

Stories Total: 1 Accessibility Features YN: No Year Built: 1983

Lot

Lot Size Acres: 0.195 Lot Size Square Feet: 8504 Road Frontage Feet: 65

Utilities

Cooling YN: Yes Heating YN: Yes Cable Available: 1 Electricity Connected: 1 Phone Available: 1 Sewer Connected: 1 Water Connected: 1

Remarks

Public Remarks: **ABSOLUTE AUCTION** Starting 6/20/26 @ DJSauctionsUSA.com ending with a Live Onsite Simulcast @ 770 Bedford Rd Jeffersonville KY at 12:00 noon on Saturday 7/11/2026 Johnnie C Tabor Estate Opportunity awaits with this income-producing duplex conveniently located in the heart of Mount Sterling! Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or add a low-maintenance property to your holdings, this versatile duplex offers excellent potential. Each unit features 2 bedrooms and 1 bathroom with comfortable living spaces, functional layouts, and private entrances, providing convenience and privacy for occupants. The interiors offer spacious living rooms, practical kitchens with ample cabinetry, dedicated laundry areas, and comfortable bedrooms. Several spaces provide opportunities for cosmetic updates, allowing the next owner to add value while building equity. The property sits on a generous lot with ample green space and a rear yard ideal for outdoor enjoyment. A covered front porch adds curb appeal and creates a welcoming entrance for residents and guests alike. The walkout lower level provides additional storage and utility space. Located just minutes from downtown Mount Sterling, shopping, restaurants, schools, and local amenities, this property combines small-town charm with convenient access to everyday necessities. Property Highlights: Duplex investment opportunity 2 Bedrooms / 1 Bathroom Ideal for owner-occupants or investors Separate living spaces with private entrances Spacious living rooms and functional kitchens Dedicated laundry areas Comfortable bedrooms and full baths Covered front porch Walkout crawl space storage area Large yard with room to enjoy outdoor living Convenient in-town location near downtown Mount Sterling Whether you're searching for your next investment property or a chance to offset your mortgage with rental income, 520 North Magnolia offers flexibility, potential, and long-term value. Agent Note: Buyer to verify square footage, lot size, zoning, rental restrictions, and all aspects of the property to their satisfaction.

Association Fee Includes

Cable TV: 1 Electricity: 1 Internet: 1 Water: 1

Cooling

Central Air: 1

Heating

Heat Pump: 1

Laundry Features

Electric Dryer Hookup: 1 Main Level: 1 Washer Hookup: 1

Listing Terms

Conventional: 1

Parking Features

On Site: 1 Open: 1

Possession

Close Of Escrow: 1

Roof

Composition: 1 Shingle: 1

Showing Considerations

Pet(s) on Premises: 1

Special Listing Conditions

Auction: 1

Structure Type

Duplex: 1

Building and Property Details

Building Expansion Potential YN: No Lot Expansion Potential YN: No

Unit Details

Number Of Units Vacant: 11

Showing Requirements

Show Anytime: 1

Showing Information

Showing Instructions: Showing Time. This will take appointments as we will have to work out time with Tenants

Status Change Information

Status Change Timestamp: 2026-06-15

Tax Legal

MLS Area Major: 018 - Montgomery County Subdivision Name: Garden Springs High School District: Montgomery County - 18

Property Features

Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected Association Fee Includes: Cable TV; Electricity; Internet; Water Cooling: Central Air Heating: Heat Pump Laundry Features: Electric Dryer Hookup; Main Level; Washer Hookup Listing Terms: Conventional Parking Features: On Site; Open Possession: Close Of Escrow Roof: Composition; Shingle Showing Considerations: Pet(s) on Premises Special Listing Conditions: Auction Structure Type: Duplex Showing Requirements: Show Anytime
Listing Office: Kentucky Realty Group, LLC
Last Updated: June - 16 - 2026
Information deemed reliable but not guaranteed.