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Turnkey Duplex Investment Property
For Sale
$119,900

341 31st Street, Ashland, KY 41101

MULTI_FAMILY - Ashland, KY

Property Size1,632 SF
Price / SF$73.47
Days on Market116

Property Features for 341 31st Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Lot features Level
Directions From downtown Ashland on Winchester or Greenup avenues travel to 31st St, make a right.
Subdivision 33A - Proctorville
Standard status Active
Size 1,632 SF

Utilities

Heating system Baseboard
Cooling system Window Unit(s)

Building Details

Year built 1925
Floors in Building 2
Building materials Vinyl
Roof type Metal
Architectural style Other
Listing Agency: Century 21 Homes and Land
Listed By: Bill Klaiber
Added: Apr 14 Changed: Jun 29 Last Checked: Aug 7 at 12:06AM
MLS# 183592

Copyright © 2026 Huntington 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 turnkey duplex offers 1,632 square feet of living space across two separate units, with each unit providing two bedrooms and one full bath. Both sides are laid out for day-to-day comfort, with functional living areas and bedrooms sized for practical use. Separate entrances support either multi-tenant rental arrangements or an owner-occupant setup where one unit can be lived in while the other is rented. Recent updates include low-maintenance exterior siding, along with a mix of updated flooring inside.

The property is located at 341 31st Street in Ashland, Kentucky, within an established neighborhood. Off-street parking options are available, which can help reduce daily tenant friction and support convenient vehicle access. The area also offers easy access to local amenities.

For tenants or buyers seeking a duplex structure, the configuration—two independently accessed units with comparable bedroom and bath counts—can be attractive for operational simplicity. The separate entrances, combined with recent exterior improvements and interior flooring updates, provide a ready-to-manage setup for either immediate occupancy or a straightforward transition into a rental program. This is a versatile choice for owner-occupants who want the ability to offset housing costs by renting one of the two units.

Key Highlights

  • Turnkey duplex with strong income potential.
  • Two units, each with 2 bedrooms and 1 full bath.
  • Separate entrances for each unit, ideal for rental income or owner occupancy.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Daycare Center Plumbing Service Locksmith 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

Demographics for 41101, KY

18,559
Population
9,269
Households
2
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,802
Density / Sq Mi
$53,491
Median Household Income
$35,713
Median Earnings
$907
Median Rent
$120,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom, 1-bath units with separate entrances and off-street parking, positioned for owner-occupant or rental use.
Where is this duplex located?
The property is located at 341 31st Street Ashland, KY.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Turnkey duplex with strong income potential.; Two units, each with 2 bedrooms and 1 full bath.; Separate entrances for each unit, ideal for rental income or owner occupancy.
More about this property
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