Madisonville, KY Duplexes for sale

Updated: Jan 15

Duplex with Mixed Lease Terms

825/827 Independence Dr, Madisonville, KY 42431

$185,000

1,500 sqft 0.36 AC lot

Two units with current leases: one at $500 and one at $775
Lease terms: one unit month‑to‑month; the other has a year lease signed 9/30/25
1‑story brick construction with a metal roof, built in 1977
Central air conditioning (electric) with mini‑blinds
Appliances include an electric range and refrigerator

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This listing looks promising.

Here's a quick look at some key insights for

825/827 Independence Dr, Madisonville, KY 42431

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$10K
Annual
Price @ 7% Cap

$145K
Suggested

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Updated: Jan 15

Remodeled Duplex Portfolio

Cindy Drive, Madisonville, KY 42431

$850,000

812 sqft 2.67 AC lot

Five duplex units with current annual rent of $85,500
Rents range from $700 to $775 per month
Owner currently pays water; with an acceptable offer, seller will install individual water meters for each duplex
Most units have been remodeled in the past few years
1‑story brick construction with central air and electric cooling

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Madisonville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Well-Maintained Duplex with Detached Garage

610 Taylor Avenue, Evansville, IN 47713

$122,500

2,192 sqft 0.11 AC lot

Two rental units with a detached rear garage and updated one-bedroom unit support straightforward residential income use.

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Two-Unit Duplex with Two Bedrooms

1500 S Harlan Avenue, Evansville, IN 47714

$150,000

1,400 sqft 0.15 AC lot

Duplex with two 2-bedroom, 1-bath units suited for owner-occupant living or rental use.

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Two-Unit Duplex Income Property

500 1st Street, Henderson, KY 42420

$135,000

1,807 sqft

Two-unit duplex features a studio unit and a separate two-bedroom unit for straightforward residential rental use.

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Updated-Roof Duplex with Dual Units

221 Shenandoah Pl., Henderson, KY 42420

$123,456

7,125 sqft 0.16 AC lot

Two side-by-side 2-bedroom, 1-bath residences with key systems updates, supporting straightforward residential income use.

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Madisonville, KY Duplexes Market Trends and Statistics

Explore 2 duplexes for sale in Madisonville, KY on our real estate platform. These investment opportunities span a total of 2,312 square feet of properties for sale, with an estimated market value of $1,035,000.

Sale prices for duplexes in Madisonville, KY start at $185,000, averaging $517,500, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
42431	$517.5K

Neighborhood

Average Price

42431

$517.5K