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Somerset, KY Apartment Buildings for Sale

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Somerset Multifamily Investment Opportunity
Updated: Oct 30, 2025
Somerset Multifamily Investment Opportunity

11 Dalton Lane, Somerset, KY 42503

$499,900
1,000 sqft 2.06 AC lot
11‑unit multi‑family portfolio with 11 diverse units varying in age and size
$5,500 per month rental income reported
Heat pump heating and heat pump cooling
Minutes from a local boatramp, with nearby parks and recreational facilities mentioned
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Somerset Multifamily Investment Opportunity
Updated: Oct 30, 2025
Somerset Multifamily Investment Opportunity

11 Dalton Lane, Somerset, KY 42503

$499,900
2.06 AC lot
Strong rental income: Proven rental history generating $5500 per month.
Diverse unit mix: 11 units of varying ages and sizes, appealing to a wide range of tenants.
Prime location minutes from a popular boatramp, offering easy access to outdoor activities.
Investment‑grade features: Opportunities for value‑add renovations to increase rental rates and property appreciation.
Cash flow positive: Generates significant income from day one.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Two-Building Multifamily
Remodeled Two-Building Multifamily

La Follette, TN 37766

$575,000
4,040 sqft

Two-building, eight-unit complex with recently updated interiors and active rentals ready for an investor or operator.

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Renovating Multifamily Former School
Renovating Multifamily Former School

4314 Mackville Road, Harrodsburg, KY 40330

$562,500
6,933 sqft 5.60 AC lot

Former school property is roughed-in for multiple apartment units and includes two additional outbuildings on 5.6 acres.

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Versatile Property Near Off-Roading Adventures
Versatile Property Near Off-Roading Adventures

La Follette, TN 37766

$800,000
6.81 AC lot

6.81-acre property with apartments, home, RV sites, and commercial potential.

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19-Unit Income Apartment Building
19-Unit Income Apartment Building

202 S College Street, Harrodsburg, KY 40330

$475,000
8,008 sqft 0.19 AC lot

Turnkey 19-unit apartment income property with updated systems, new roof, and street parking nearby.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Off-Market Properties in Somerset, KY

Consider similar Off-Market properties in Somerset, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

235 Somerset Church Rd
APARTMENT HOUSE (5+ UNITS)

235 Somerset Church Rd, Somerset, KY 42503-4983

Value Estimation by Request
4,752 sqft 0.73 AC lot
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206 Jarvis Ave
APARTMENT HOUSE (5+ UNITS)

206 Jarvis Ave, Somerset, KY 42501-1884

Value Estimation by Request
4,348 sqft
View details
1750 Cedar Grv Rd
APARTMENT HOUSE (5+ UNITS)

1750 Cedar Grv Rd, Somerset, KY 42501-5027

Value Estimation by Request
5,956 sqft 0.45 AC lot
View details
100 Neighborly Way
APARTMENT HOUSE (5+ UNITS)

100 Neighborly Way, Somerset, KY 42503-6147

Value Estimation by Request
6.02 AC lot
View details
510 Mt Vernon St
APARTMENT HOUSE (5+ UNITS)

510 Mt Vernon St, Somerset, KY 42501-1342

Value Estimation by Request
7,183 sqft 0.26 AC lot
View details
17 Weyland Dr
APARTMENT HOUSE (5+ UNITS)

17 Weyland Dr, Somerset, KY 42503-8013

Value Estimation by Request
1.23 AC lot
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Sycamore St
APARTMENT HOUSE (5+ UNITS)

Sycamore St, Somerset, KY 42501

Value Estimation by Request
View details
119 Speedway Dr
APARTMENT HOUSE (5+ UNITS)

119 Speedway Dr, Somerset, KY 42503-1559

Value Estimation by Request
6,240 sqft
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175 Shopville Rd
APARTMENT HOUSE (5+ UNITS)

175 Shopville Rd, Somerset, KY 42503-5411

Value Estimation by Request
780 sqft
View details
102 Sallee St
APARTMENT HOUSE (5+ UNITS)

102 Sallee St, Somerset, KY 42501-7300

Value Estimation by Request
4,608 sqft
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350 Pumphouse Rd
APARTMENT HOUSE (5+ UNITS)

350 Pumphouse Rd, Somerset, KY 42503-4973

Value Estimation by Request
9,823 sqft 1.97 AC lot
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110 Pettus Pt
APARTMENT HOUSE (5+ UNITS)

110 Pettus Pt, Somerset, KY 42501-1184

Value Estimation by Request
6,480 sqft
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200 Pearl Dr
APARTMENT HOUSE (5+ UNITS)

200 Pearl Dr, Somerset, KY 42503-4823

Value Estimation by Request
14,634 sqft 2.16 AC lot
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132 Pearl Dr
APARTMENT HOUSE (5+ UNITS)

132 Pearl Dr, Somerset, KY 42503-4867

Value Estimation by Request
3,306 sqft 0.71 AC lot
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390 Parkers Ml Rd
APARTMENT HOUSE (5+ UNITS)

390 Parkers Ml Rd, Somerset, KY 42501-3153

$545,000
Estimated value
3.00 AC lot
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106 Park Ave
APARTMENT HOUSE (5+ UNITS)

106 Park Ave, Somerset, KY 42501-1744

Value Estimation by Request
15,392 sqft
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404 Mt Vernon St
APARTMENT HOUSE (5+ UNITS)

404 Mt Vernon St, Somerset, KY 42501-1333

Value Estimation by Request
10,040 sqft 0.76 AC lot
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701 Mt Vernon St
APARTMENT HOUSE (5+ UNITS)

701 Mt Vernon St, Somerset, KY 42501-1347

Value Estimation by Request
5,432 sqft 0.28 AC lot
View details
702 Mt Vernon St
APARTMENT HOUSE (5+ UNITS)

702 Mt Vernon St, Somerset, KY 42501-1252

Value Estimation by Request
8,468 sqft 1.04 AC lot
View details
750 Monticello St
APARTMENT HOUSE (5+ UNITS)

750 Monticello St, Somerset, KY 42501-2903

Value Estimation by Request
6,496 sqft 0.72 AC lot
View details
2049 Monticello Rd
APARTMENT HOUSE (5+ UNITS)

2049 Monticello Rd, Somerset, KY 42501-3004

Value Estimation by Request
8,540 sqft 2.50 AC lot
View details
555 Mckee Rd
APARTMENT HOUSE (5+ UNITS)

555 Mckee Rd, Somerset, KY 42503-5455

Value Estimation by Request
18,332 sqft 5.70 AC lot
View details

Somerset, KY Apartment Buildings Market Trends and Statistics

Explore 60 apartment buildings for sale in Somerset, KY on our real estate platform. These investment opportunities span a total of 1,000 square feet of properties for sale, with an estimated market value of $499,900.

Sale prices for two-family homes in Somerset, KY start at $499,900, averaging $499,900, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 43K
Population Growth (5Y) +4.0%
Median Household Income $51,787
College Educated 19.4%

High-Yield Neighborhoods for Investment

Identify Somerset submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
42503 $383.2K

Listings Trend

New vs delisted commercial listings in Pulaski County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Pulaski County

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