Turnkey Triplex in Somerset,
11 Midland Meadows Drive, Somerset, KY 42503
MULTI_FAMILY - Somerset, KY
Property size:
4,224 SFLot size:
1.42 AcresPrice / SF:
$146/SF- Added:
- Feb 11, 2026
- Days on Market:
- 86
- Last Refresh:
- May 8 at 8:06 pm
Property Features for 11 Midland Meadows Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 7, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 6, Bedroom 5, Bedroom 9, Bedroom 1, Bathroom 5, Bedroom 4, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 6, Laundry Room
- Standard status
- Active
- APN
- 062-1-3-22
- Size
- 4,224 SF
- Lot size
- 1.42 Acres
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 2025
- Roof type
- Shingle
Listing agent Jordan Adkins License #281523 (423) 539-1511
Listing office High Point Realty & Auction 226 N 2nd St, Richmond, KY (859) 200-2084
Listing date Feb 11, 2026
MLS# 26008877
Listing URL
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.
HighLights
- Turnkey triplex built in 2025, providing immediate cash flow with all units currently leased.
- Scalable property on 1.42 acres with infrastructure in place for two additional dwellings, allowing for increased density and cash flow.
- Ideally located in a high‑demand rental corridor near essential amenities, schools, and major employers, just off Highway 27.
- Each unit features 3 bedrooms and 2 full baths with an open living and kitchen layout, stainless steel appliances, and first‑floor washer and dryer hookups.
- Major infrastructure already in place includes sewer and water installation, private road construction, large paved parking area, and a commercial mailbox system.
- Excellent visibility and accessibility near Hwy 27, yet situated in an established residential area.
Overview
This is a turnkey, income-producing triplex constructed in 2025, situated just off Highway 27 in Somerset, Kentucky. The property is located in a high-demand rental area, close to grocery stores, retail establishments, dining options, schools, and major employers. Each of the three units features 3 bedrooms and 2 full baths, with an open-concept living and kitchen area. Stainless steel appliances and first-floor washer and dryer hookups are included in each unit. All three units are currently leased, providing immediate cash flow. The property is situated on a 1.42-acre lot, intentionally developed for scalability. Major infrastructure is already in place, including sewer and water installation, private road construction, a large paved parking area, and a commercial mailbox system with capacity for up to 16 units, as well as dumpster enclosure walls. The site offers space for two additional dwellings, allowing for increased density and cash flow without incurring major development costs. The property benefits from excellent visibility and accessibility near Hwy 27, while being located in an established residential area. The property is intended for residential income purposes.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Map
- City
- Somerset
- County
- Pulaski
- State
- Kentucky
- Longitude
- -84.630639
- Latitude
- 37.058654
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FAQs
What type of property is this?
Triplex - Income-producing triplex with expansion potential on 1.42 acres.
Where is this triplex located?
The property is located at 11 Midland Meadows Drive Somerset, KY.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Turnkey triplex built in 2025, providing immediate cash flow with all units currently leased.; Scalable property on 1.42 acres with infrastructure in place for two additional dwellings, allowing for increased density and cash flow.; Ideally located in a high‑demand rental corridor near essential amenities, schools, and major employers, just off Highway 27.
