New-Construction Townhome
323 Randolph Street Somerset, KY 42501
323 Randolph Street, Somerset, KY, 42501
$338,700
For Sale
$338,700
MULTI_FAMILY - Somerset, KY
Property Size2,100 SF
Lot Size0.20 Acres
Price / SF$161.29
Days on Market192
Property Features for 323 Randolph Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 4, Laundry Room, Bathroom 2, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- 076-1-2-04.3
- Size
- 2,100 SF
- Lot size
- 0.20 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 2025
- Roof type
- Metal
Listing Agency
Keller Williams Commonwealth - Somerset
(859) 721-2121
2835 S Highway US 27 Ste 232, Somerset, KY
Listed by
Nathanael Sears
(606) 425-6632
Added: Jan 8 Checked: Jul 19 at 5:06 am
MLS# 26000475
Listing URL
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.
New-construction townhome duplex offered as a residential income property. Each unit features 2 bedrooms and 1 bathroom, with soaring minimum 12-foot vaulted ceilings throughout. The exterior includes upgraded thick matte black siding and modern tongue-and-groove pressure-treated pine soffits. Interiors are designed for everyday living with a spacious living room, a custom kitchen with built-in cabinetry and granite countertops, and a covered front porch plus a side deck. Each home also includes an oversized one-car garage.
The property is tucked away at the end of a quiet dead-end street and backs up to an open field, offering a private setting.
The listing is provided for 323 Randolph Street in Somerset, Kentucky (Pulaski County).
The property is tucked away at the end of a quiet dead-end street and backs up to an open field, offering a private setting.
The listing is provided for 323 Randolph Street in Somerset, Kentucky (Pulaski County).
Key Highlights
- New construction townhomes built in 2025 with under‑construction status
- Minimum 12‑ft vaulted ceilings and electric heating and cooling
- Kitchen with built‑in cabinetry and granite countertops
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.9k | $11.40 |
| − Vacancy | −$1.1k | −$0.51 |
| EGI | $22.9k | $10.89 |
| − OpEx | −$6.9k | −$3.27 |
| NOI | $16.0k | $7.62 |
2,100 SF · lease $11.40/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$228.7K
$200.1K – $266.9K
NOI $16,011 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$203.8K
$178.3K – $237.8K
NOI $14,265 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$357.8K
$313.1K – $417.4K
NOI $25,044 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New-construction 2-bedroom, 1-bath townhome units with 12-foot vaulted ceilings, covered porch, deck, and an oversized one-car garage.
Where is this duplex located?
The property is located at 323 Randolph Street Somerset, KY.
What is the asking price?
The asking price for this property is $338,700.
What are key features of this property?
This property features: New construction townhomes built in 2025 with under‑construction status; Minimum 12‑ft vaulted ceilings and electric heating and cooling; Kitchen with built‑in cabinetry and granite countertops
