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    318 Main St Benton, KY 42025

    For Sale
    $349,900

    1.5 Story, Five Or More - Benton, KY

    Days on Market:
    143
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 318 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Kitchen
    Bathrooms
    1
    Interior features
    Closet Light(s), Ceiling Fan(s), Smoke Alarm, Washer/Dryer Hookup, Circuit Breakers
    Appliances
    Dryer, Refrigerator, Washer/Dryer Combo

    Utilities

    Heating system
    Electric (Heating), See Remarks (Heating)
    Cooling system
    Central Air, Other (Cooling)

    Building Details

    Flooring type
    Laminate, Linoleum, Vinyl
    Building materials
    Masonite
    Roof type
    Composition, Shingle
    Architectural style
    Other

    Coldwell Banker Purchase Homes (270) 444-6008 [email protected]

    Listing agent David Nelson (270) 444-6008 License #202260

    Listing date Jul 17, 2025

    MLS# 118434 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Benton, KY Apartment Building

    Located in Benton, KY, this is an apartment building featuring seven apartments, currently 100% occupied. Five of the apartments rent for $800 per month, one rents for $650 per month, and one rents for $550 per month. The owner is responsible for covering the costs of utilities, including electric, gas, water, and garbage. The property includes two detached garages. One garage measures 80 x 20 and has one overhead door, while the other is a one-car garage. Each apartment has a security deposit equal to the rent price, making this a good investment property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.350076
    Latitude
    36.867565

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit apartment building in Benton, KY, 100% occupied.
    Where is this apartment building located?
    The property is located at 318 Main St Benton, KY.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - 100% Occupied Apartment Building: Provides immediate rental income.; - Strong Rental Income: Five units at $800/month, plus two additional units.; - Two Detached Garages: Includes a large 80 x 20 garage with overhead door.
    (270) 444-6008
    Request Owner's contact information
    318 Main St Benton, KY 42025
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    Benton, KY 42025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    318 Main St Benton, KY 42025
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