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Residential Lot in Mt Vernon
For Sale
$39,500

305 Paul Street lot 2, Mount Vernon, KY 40456

LAND - Mt Vernon, KY

Property SizeContact for details
Lot Size0.38 Acres
Days on Market97

Property Features for 305 Paul Street lot 2

General Information

Property type Land
Property subtype Other
Subdivision Rural
Directions From I75 South, take exit 62 and turn right onto US-25/Richmond Street toward Mt. Vernon. Proceed to the first red light, McDonald's on the corner, and turn left going toward downtown Mt. Vernon. Keep driving until you cross a railroad track and come the the next red light. Go straight through the red light, up the hill and when you get to the top of the hill then look for Paul street on the left. Turn left on Paul Street and proceed to the lot.
Standard status Active
Lot size 0.38 Acres

Utilities

Utilities Water Available
Listing Agency: WEICHERT REALTORS - Ford Brothers
Listed By: Robert Phillips
Added: May 22 Changed: Aug 5 Last Checked: Aug 26 at 11:06AM
MLS# 26011795

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 0.3765-acre lot in Mt Vernon, Kentucky, presents an opportunity for residential development or investment. The property has no restrictions, offering flexibility for various projects, including a custom home or rental property. Utilities such as water and electricity are available, facilitating development. The location provides convenient access to stores, schools, and dining options.

Key Highlights

  • No restrictions offer endless development possibilities.
  • Utilities (water and electricity) are available for immediate development.
  • Convenient in‑town location near stores, schools, and dining.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Dental Office Cafe & Coffee Shop Computer & Electronic Repair

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

134
Businesses Nearby

Demographics for 40456, KY

8,949
Population
4,111
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
162.8 sq mi
ZIP Area
55
Density / Sq Mi
$46,879
Median Household Income
$40,494
Median Earnings
$678
Median Rent
$140,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Residential lot with utilities available in Mt Vernon, Kentucky.
Where is this land located?
The property is located at 305 Paul Street lot 2 Mount Vernon, KY.
What is the asking price?
The asking price for this property is $39,500.
What are key features of this property?
This property features: No restrictions offer endless development possibilities.; Utilities (water and electricity) are available for immediate development.; Convenient in‑town location near stores, schools, and dining.
More about this property
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