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    628 Kentucky Ave Paducah, KY 42001

    For Sale
    $269,000

    4/Plex, 2 Story - Paducah, KY

    Days on Market:
    72
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 628 Kentucky Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1
    Bathrooms
    1
    Interior features
    Closet Light(s), Ceiling Fan(s), Smoke Alarm
    Basement Y/N
    1
    Appliances
    Dryer, Refrigerator

    Utilities

    Heating system
    Natural Gas

    Building Details

    Floors in Building
    2
    Flooring type
    Laminate, Wood
    Building materials
    Brick
    Architectural style
    Other

    Arnold Realty Group (618) 638-5682 [email protected]

    Listing agent Abigail Dority (270) 558-1338 License #278485

    Listing date Sep 26, 2025

    MLS# 133212 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

    Downtown Paducah Fourplex Investment

    Located at the corner of 7th Street and Kentucky Avenue, the Old Courthouse Station is a fully leased fourplex that offers consistent rental income. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Each unit features approximately 1,000 sq ft of living space and includes private balconies or covered porches. The current leases generate $3,600 per month in gross income. With 100% occupancy, this historic building is situated near shops, restaurants, and the riverfront, making it a potential addition to an investment portfolio.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Gym & Fitness Skin Care Clinic Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Paducah
    County
    McCracken
    State
    Kentucky
    Longitude
    -88.6009043
    Latitude
    37.0841099

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    FAQs

    What type of property is this?
    Quadplex - Fully leased fourplex in downtown Paducah with consistent rental income.
    Where is this quadplex located?
    The property is located at 628 Kentucky Ave Paducah, KY.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: - Fully leased fourplex providing consistent rental income.; - Prime downtown Paducah location near shops, restaurants, and the riverfront.; - Generates $3,600 per month in gross income.
    (270) 558-1338
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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
    628 Kentucky Ave Paducah, KY 42001
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