2518 Shopes Creek Rd, Ashland, KY, 41102
About This Home
Disregard listing price. Property will be sold at auction.This 2-bedroom, 1-bathroom home is currently generating $1,100 per month in HUD-backed rental income, making it an ideal addition to any investment portfolio. Built in 1979, this home features a block foundation, central air conditioning, city water, and city sewer. The property also offers a welcoming front porch and a flat yard, providing plenty of outdoor space for tenants to enjoy. Located in a desirable rental area, this property offers immediate cash flow and long-term investment potential. Property will be sold by public auction ending Thursday, July 30th at 6PM. Online Bidding Only. Please visit Joe R. Pyle Auctions website for information on how to bid.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1979
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 0
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 024020000900
- Lease amount: 0
- Special condition: Auction
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Lightning
- Winter Weather
- Hail
- Ice Storm
- Landslide
- Strong Wind
- Tornado
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $379 | $4,548 |
| Home Insurance * | $58 | $696 |
| Property Taxes | $95 | $1,140 |
| Electricity | $154 | $1,850 |
| Total | $686 | $8,232 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
Unknown Listed By
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