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    5050 Ky Route 114 Prestonsburg, KY 41501

    For Sale
    $339,000

    Mult-Family, 2 Story - Prestonsburg, KY

    Property size:
    5,991 SF
    Lot size:
    1.00 Acre
    Days on Market:
    70
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 5050 Ky Route 114

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    Patio and Porch features
    Porch, Deck
    Exterior features
    Covered Deck, Front Covered, Rear Porch Covered
    Appliances
    Refrigerator
    Size
    5,991 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Floors in Building
    2
    Number of units
    6
    Building materials
    Block, Brick
    Roof type
    Shingle
    Architectural style
    Other

    Re/Max Legacy Group (606) 432-1955

    Listing agent Joe D. Marson (606) 432-1955

    Listing date Sep 30, 2025

    MLS# 124198 Listing URL

    Copyright © 2025 Eastern Kentucky Association 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.

    Overview

    Income-Producing Quadplex with Warehouse

    This property features a quadplex with three units currently renting for $750/month, presenting an opportunity for immediate cash flow. Additionally, there is a 1,620 square foot warehouse with 16-foot ceilings, offering flexibility to maximize investment. The property is situated on a 1-acre lot in Prestonsburg, Kentucky. The property offers multiple paths to increase revenue. The total property size is 5,991 square feet. The property is located in Floyd County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Prestonsburg
    County
    Floyd
    State
    Kentucky
    Longitude
    -82.840886
    Latitude
    37.64839

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    FAQs

    What type of property is this?
    Quadplex - Quadplex with warehouse, income potential in Prestonsburg, Kentucky.
    Where is this quadplex located?
    The property is located at 5050 Ky Route 114 Prestonsburg, KY.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Income-producing quadplex, three units currently renting for $750/month.; - 1,620 sq. ft. warehouse with 16-foot ceilings offers flexibility to maximize investment.; - Potential to convert warehouse downstairs into 4 additional rental units, doubling income.
    (606) 432-1955
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    Prestonsburg, KY 41501
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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
    5050 Ky Route 114 Prestonsburg, KY 41501
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