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4-Plex Investment with Washer/Dryer
For Sale
$750,000

102 Deacon Lane, Russellville, KY 42276

MULTI_FAMILY - Russellville, KY

Property SizeContact for details
Lot Size4.00 Acres
Days on Market94

Property Features for 102 Deacon Lane

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 8, Bathroom 7, Bedroom 3, Bedroom 5, Bedroom 6
Patio and Porch features Deck, Porch
Interior features Ceiling Fan(s)
Exterior features Deck, Exterior Lights, Porch
Lot features In City Limits
Elementary school Auburn
Middle school Auburn
High school Logan County
Directions Frown Downtown Russellville take Nashville St (Hwy 431S), Turn Right on Deacon Lane (located across street from Hospital
Subdivision Logan County
Standard status Active
Lot size 4.00 Acres

Building Details

Year built 2025
Number of units 4
Listing Agency: Coldwell Banker Legacy Group · Coldwell Banker Real Estate
Listed By: Mark Douglas · License #208172
Added: May 6 Changed: Aug 1 Last Checked: Aug 7 at 9:06AM
MLS# RA20262667

Copyright © 2026 REALTOR® Association of Southern Kentucky, 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.

Newly built (2025) 4-plex investment property in Russellville featuring four units, each laid out with two bedrooms and two full bathrooms. One unit includes a walk-in shower. The units are designed as modern, low-maintenance homes, and the offering includes all appliances plus a washer/dryer in every unit. Exterior features include a deck, porch, and exterior lighting, with ceiling fan(s) inside the units. The property is listed as under construction, with the 2025 build date reflected in the current improvements.

The property sits on a four-acre lot and is positioned for convenience to in-town shopping, grocery, and dining. It is currently fully leased. Tenant showings require advance coordination, and please do not disturb tenants.

This configuration supports a straightforward multi-unit residential income strategy with consistent unit layouts and included in-unit laundry, while providing a platform for additional development options that may be considered for the site.

Key Highlights

  • Four‑acre lot
  • Newly built 2025 with property condition listed as under construction
  • Four units total, each with two bedrooms and two full bathrooms

Property Analytics

Current Use

Quadplexes

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 42276, KY

14,897
Population
6,799
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
90%
High-School Grad
205.1 sq mi
ZIP Area
73
Density / Sq Mi
$63,586
Median Household Income
$36,511
Median Earnings
$741
Median Rent
$156,500
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?
Quadplex - Newly built 4-plex investment with fully leased two-bedroom, two-bath units, including appliances and washer/dryer in every unit.
Where is this quadplex located?
The property is located at 102 Deacon Lane Russellville, KY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑acre lot; Newly built 2025 with property condition listed as under construction; Four units total, each with two bedrooms and two full bathrooms
More about this property
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