333 N 9th Street Paducah, KY 42001
MULTI_FAMILY - Paducah, KY
- Added:
- Feb 14, 2026
- Days on Market:
- 150
- Last Refresh:
- Jul 14 at 7:06 am
Property Features for 333 N 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- H-2
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
- Standard status
- Active
- APN
- 112-11-08-003
- Size
- 4,706 SF
- Lot size
- 0.24 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2008
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Composition
Listing agent Nicholas Gillespie (270) 559-7000
Listing office eXp Realty, LLC 2303 Hurstbourne Vlg Dr, 300, Prospect, KY (888) 624-6448
Listing date Feb 14, 2026
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.
The property is located at 333 N 9th Street in Paducah, in the Lowertown Arts District area referenced in the listing remarks. It sits on a prime corner lot with on-site parking and access to street parking.
Additional amenities include a swimming pool and hot tub installed in 2024. The property is zoned H-2. The downstairs commercial space is currently used by the owners, with the potential to generate commercial income separate from the residential units, as described in the listing remarks.
Key Highlights
- Built in 2008 in Paducah’s Lowertown Arts District, with forced‑air natural gas heat and central air conditioning
- On‑site brand‑new swimming pool and hot tub installed in 2024
- First‑floor 1 bed / 1 bath apartment plus a separate office/retail space
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 | $66.1k | $14.04 |
| − Vacancy | −$5.4k | −$1.15 |
| EGI | $60.7k | $12.89 |
| − OpEx | −$18.2k | −$3.87 |
| NOI | $42.5k | $9.03 |
