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Three-Home Short-Term Rental Property
For Sale
$649,900

98X3 Hwy. 1611, Russell Springs, KY 42642

Residential Income, Russell Springs, KY

Property Size4,800 SF
Lot Size0.30 Acres
Price / SF$135.40
Days on Market450

Property Features for 98X3 Hwy. 1611

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Not zoned
Bedrooms 12
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 5, Bathroom 4, Bathroom 7, Bedroom 2, Bedroom 6, Bedroom 11, Bathroom 6, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 9, Bedroom 1, Bedroom 7, Bedroom 12, Bedroom 8, Bedroom 4, Bathroom 8, Bedroom 3, Bedroom 5, Bedroom 9, Bathroom 3
Parking 10
Subdivision Rural
Middle school Russell Co
High school Russell Co
Directions From the Cumberland Parkway take the Eli-910 exit, turn left onto 910. Continue for 1.8 miles and turn left on Patterson Rd. Go to the end of that road and turn left on Hwy 76. In one mile take a right onto 1611. The homes are on the left.
Standard status Active
APN 070-00-00-018.03, 070-00-00-018.06, 070-00-00-018.
Size 4,800 SF
Lot size 0.30 Acres

Utilities

Utilities Propane
Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2024
Number of units 3
Roof type Shingle
Listing Agency: CENTURY 21 Advantage Realty
Listed By: Bradley Bigelow · License #190805
Added: Jun 16, 2025 Changed: Aug 23 Last Checked: Sep 8 at 3:06PM
MLS# 25012973

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.

This short-term rental property includes three homes completed in 2024. Each residence offers four bedrooms, three bathrooms, and 1,600 square feet, creating a combined 4,800-square-foot property. One home is furnished. Heating and cooling are provided by heat pumps, with propane service and shingle roofs.

The property sits on 0.3 acres at 98X3 Hwy. 1611 in Russell Springs, Kentucky. Lake Cumberland Marina and restaurants in Eli are nearby, and several additional boat ramps provide access to the lake. The property is offered without an HOA, supporting flexible operation across the three residences.

Key Highlights

  • Three homes built in 2024
  • Each home has 4 bedrooms, 3 bathrooms, and 1,600 square feet
  • Combined property size of 4,800 Square Feet

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Pet Store Restaurant Food Market Hotel & Motel

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 42642, KY

12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
Median Home Value

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?
Short term rental property - Three 2024-built homes include one furnished unit and no HOA.
Where is this short term rental property located?
The property is located at 98X3 Hwy. 1611 Russell Springs, KY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Three homes built in 2024; Each home has 4 bedrooms, 3 bathrooms, and 1,600 square feet; Combined property size of 4,800 Square Feet
More about this property
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