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11-Unit Multifamily Property
For Sale
$499,900

11 Dalton Lane, Somerset, KY 42503

COMMERCIAL - Somerset, KY

Property SizeContact for details
Lot Size2.06 Acres
Days on Market310

Property Features for 11 Dalton Lane

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Rural
Directions Hwy 27 to Slate Branch rd. Turn onto Oak hill and then Ferry rd. Follow to Dalton Ln
Standard status Active
APN 041-8-1-52
Lot size 2.06 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump
Listing Agency: Keller Williams Bluegrass Realty - Lake Cumberland
Listed By: Millie King Weaver · License #208856
Added: Oct 30, 2025 Changed: Aug 4 Last Checked: Sep 4 at 4:06PM
MLS# 25505550

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes 11 units with differing ages and sizes across a 2.06-acre site. The unit variety creates a mix of residential layouts within one rental property, while heat-pump systems provide both heating and cooling. The property is located in Somerset, Kentucky, near a local boat ramp and within reach of dining, shopping, parks, and recreational facilities. Its configuration offers an established multifamily setting with unit-specific characteristics that can be evaluated individually for ongoing operation or future improvements.

Key Highlights

  • 11 multifamily units with varied ages and sizes
  • 2.06‑acre property
  • Heat‑pump heating and cooling

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store Storage Facility Computer & Electronic Repair Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 42503, KY

24,670
Population
11,588
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
85%
High-School Grad
129.5 sq mi
ZIP Area
191
Density / Sq Mi
$53,377
Median Household Income
$35,319
Median Earnings
$873
Median Rent
$198,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The property offers varied unit configurations with heat-pump heating and cooling throughout.
Where is this multifamily property located?
The property is located at 11 Dalton Lane Somerset, KY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 11 multifamily units with varied ages and sizes; 2.06‑acre property; Heat‑pump heating and cooling
More about this property
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