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Triplex with Separate Entrances
For Sale
$135,000

205 Frank Street, Paintsville, KY 41240

MULTI_FAMILY - Paintsville, KY

Property Size2,440 SF
Lot Size0.14 Acres
Price / SF$55.33
Days on Market58

Property Features for 205 Frank Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4
Subdivision Downtown
High school Paintsville
Elementary school district Johnson County - 82
Middle school district Johnson County - 82
High school district Johnson County - 82
Directions 205 Frank St (on left)
Standard status Active
APN P53-07-04-018.00
Size 2,440 SF
Lot size 0.14 Acres

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1940
Roof type Metal
Listing Agency: KY Realty Co
Listed By: Holly Spradlin
Added: Jun 6 Changed: Jul 17 Last Checked: Aug 2 at 5:06PM
MLS# 26015957

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 for-sale triplex contains three separate units designed for independent occupancy. The property is configured to provide privacy and convenience for residents with separate entrances for each unit. As a residential income property, it offers a straightforward multi-unit setup for buyers looking for multiple rental streams within one asset.

The building is located at 205 Frank Street in Paintsville, Kentucky, in Johnson County. The public remarks indicate the triplex is close to downtown Paintsville as well as shopping, restaurants, schools, and other local amenities.

For tenant and owner-occupant needs, the separate entrance layout supports day-to-day independence between units. For buyers, the three-unit configuration can be useful for balancing live-in plans with rental revenue potential, since residents are housed in distinct spaces rather than a single shared unit arrangement. If you’re seeking a multi-family property with a simple, functional design and independent access for each unit, this triplex is worth a closer look.

Key Highlights

  • Investment opportunity: triplex at 205 Frank Street in Paintsville, KY
  • 3 separate units with separate entrances for tenant privacy and convenience
  • Year built 1940

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Locksmith Big Box & Wholesale Store (Bike/Boat/Book/etc) 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.

Lease Details

3
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby

Demographics for 41240, KY

6,279
Population
3,225
Households
1.9
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
36.9 sq mi
ZIP Area
170
Density / Sq Mi
$41,000
Median Household Income
$32,167
Median Earnings
$685
Median Rent
$159,500
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-unit triplex near downtown amenities, offering separate entrances and privacy for tenants or owner-occupants.
Where is this triplex located?
The property is located at 205 Frank Street Paintsville, KY.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Investment opportunity: triplex at 205 Frank Street in Paintsville, KY; 3 separate units with separate entrances for tenant privacy and convenience; Year built 1940
More about this property
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