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Triplex with Detached Guest Cabin
For Sale
$699,500

157 Lakeshore Drive, Eddyville, KY 42038

Residential Income, Eddyville, KY

Property Size4,080 SF
Lot Size1.00 Acre
Price / SF$171.45
Days on Market142

Property Features for 157 Lakeshore Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Residential Commercial
Bedrooms 7
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bathroom 6, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 4, Laundry Room, Bedroom 6, Bathroom 4, Bedroom 2
Elementary school Lyon County
Middle school Lyon County
High school Lyon County
Elementary school district Lyon - 116
Middle school district Lyon - 116
High school district Lyon - 116
Directions From Eddyville take 93 South to Hwy 730, turn right follow to Lakeshore Dr. turn left, banner in yard
Subdivision 116 - Lyon County
Standard status Active
APN O-ED-8-3
Size 4,080 SF
Lot size 1.00 Acre

Utilities

Utilities Natural Gas Available
Heating system Ductless (Heating), Natural Gas, Forced Air
Cooling system Central Air, Multi Units, Ductless

Amenities

tankless hot water heaters
commercial refrigerator
hidden pantry

Building Details

Year built 1979
Floors in Building 2
Number of units 3
Roof type Metal
Listing Agency: Keller Williams Experience - Paducah · Keller Williams Realty
Listed By: Crystal McCoy · License #265680
Added: Apr 8 Changed: Aug 19 Last Checked: Aug 27 at 7:06AM
MLS# 26017875

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 4,080-square-foot triplex, built in 1979, is arranged as three distinct living quarters with bedrooms and bathrooms on each level. The upper floor includes a second kitchen setup with a commercial refrigerator, while a hidden pantry and tankless water heaters add functional support for larger occupancy. Heating includes ductless, natural gas, and forced-air systems, with central air, multiple units, and ductless cooling. A metal roof completes the primary structure.

A detached cabin-style area above the garage expands the property’s configuration with separate space for guests, a private retreat, an office, or additional rental use. The property occupies 1 acre and has a history of short-term rental use. Located on Lakeshore Drive in Eddyville, the property offers views of Lake Barkley, with a boat ramp down the street providing access for boating and fishing.

Key Highlights

  • Three separate living quarters with bedrooms and bathrooms on each level
  • 4,080 square feet on 1 acre; built in 1979
  • Upper‑level second kitchen setup with commercial refrigerator and hidden pantry

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 42038, KY

5,691
Population
2,992
Households
1.9
Avg Household Size
47
Median Age
15%
College-Educated
89%
High-School Grad
86.7 sq mi
ZIP Area
66
Density / Sq Mi
$64,254
Median Household Income
$44,639
Median Earnings
$889
Median Rent
$195,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three separate living quarters offer flexible use for short-term rentals, full-time living, or guest accommodations.
Where is this triplex located?
The property is located at 157 Lakeshore Drive Eddyville, KY.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: Three separate living quarters with bedrooms and bathrooms on each level; 4,080 square feet on 1 acre; built in 1979; Upper‑level second kitchen setup with commercial refrigerator and hidden pantry
More about this property
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