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Managed Residential Rental Portfolio
For Sale
$8,870,000

704 Milliken Road, Paducah, KY 42001

Commercial/Industrial, Paducah, KY

Property SizeContact for details
Days on Market244

Property Features for 704 Milliken Road

General Information

Property type Commercial Sale
Property subtype Other
Directions For 704 Milliken Road, from I-24 W exit 11, take John L Puryear Dr. Turn right on Estes Lane. Turn right on Oaks Rd. Turn left on Milliken Rd. The property is on your left.
Subdivision McCracken
Standard status Active
Listing Agency: eXp Realty, LLC
Listed By: Kathleen Gillespie · License #222131
Added: Jan 8 Changed: Aug 21 Last Checked: Sep 9 at 3:06PM
MLS# 135197

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering is a residential rental portfolio containing 64 doors comprised of single-family homes and three additional properties with 3-4 apartments each. The portfolio is being sold in its entirety and not broken up into smaller groups. Management is in place through the AppFolio Property Management System, which provides comprehensive digital records and transparent reporting. Each property within the portfolio has its own deed reference.

The portfolio is located at 704 Milliken Road in Paducah, Kentucky (McCracken County). The properties are described as geographically concentrated, with many units clustered within the same streets or blocks, which may support streamlined oversight across the collection.

For investors or operators seeking a professionally managed, multi-property residential package, this structure offers an established operating framework via AppFolio and a portfolio format that groups multiple income-producing residences under one offering. The portfolio’s “doors” configuration spans both single-family homes and small apartment-style buildings, providing a mix of dwelling types while still being delivered as a single, unified sale.

Key Highlights

  • 64‑door residential portfolio in Paducah, KY, including single‑family homes and three properties with 3–4 apartments each
  • Professional property management in place through the AppFolio Property Management System
  • Managed with digital records and transparent reporting via AppFolio

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Hair Salon Spa & Massage Center Nail Salon Electrical Service Auto Parts Store Plumbing Service

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

64
Residential units

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 42001, KY

31,579
Population
14,815
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
94%
High-School Grad
74.2 sq mi
ZIP Area
426
Density / Sq Mi
$68,868
Median Household Income
$42,334
Median Earnings
$916
Median Rent
$210,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Single family property - 64-door portfolio of single-family homes and apartment buildings, managed through AppFolio Property Management System.
Where is this single family property located?
The property is located at 704 Milliken Road Paducah, KY.
What is the asking price?
The asking price for this property is $8,870,000.
What are key features of this property?
This property features: 64‑door residential portfolio in Paducah, KY, including single‑family homes and three properties with 3–4 apartments each; Professional property management in place through the AppFolio Property Management System; Managed with digital records and transparent reporting via AppFolio
More about this property
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