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Residential Land with Two Rental Houses
For Sale
$350,000

208/300 McLeod Ln., Madisonville, KY 42431

LAND - Madisonville, KY

Lot Size32.52 Acres
Days on Market100

Property Features for 208/300 McLeod Ln.

General Information

Property type Land
Property subtype Other
Exterior features Road Frontage
Lot features Gently Sloping
Directions Travel South on Main St. Turn left on McLeod and the property will be on the left.
Subdivision 1 - Madisonville
Standard status Active
Lot size 32.52 Acres
Listing Agency: HERITAGE HOMES REAL ESTATE
Listed By: Chad Cunningham
Added: Apr 22 Changed: Jun 3 Last Checked: Jul 30 at 6:06PM
MLS# 121816

Copyright © 2026 Madisonville-Hopkins County Board of Realtors. 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 listing includes approximately 32.52 acres of residential land with two rental houses on the property. The configuration supports ownership with an income component while still leaving land area available for consideration of future uses. The offering is structured for buyers who want both a housing presence and a larger tract of land in one package.

The property is located at 208/300 McLeod Ln. in Madisonville, Kentucky 42431, within Hopkins County.

From a tenant or operator standpoint, the two rental houses can be used to support current occupancy and rental income tied to the existing improvements. For buyers focused on land, the acreage offers flexibility to plan for potential development or alternative uses, subject to applicable local approvals and regulations. This is a single-for-sale tract that may fit investors, builders, or buyers looking for a larger residential landholding with existing dwellings included.

Key Highlights

  • 32.52‑acre property with road frontage
  • Includes 2 rental houses

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

Demographics for 42431, KY

26,566
Population
12,569
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
166.7 sq mi
ZIP Area
159
Density / Sq Mi
$57,529
Median Household Income
$37,671
Median Earnings
$858
Median Rent
$151,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Over 32 acres with two rental houses in Madisonville, KY, offering multiple ways to use or hold the property.
Where is this single family property located?
The property is located at 208/300 McLeod Ln. Madisonville, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 32.52‑acre property with road frontage; Includes 2 rental houses
More about this property
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