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Four-Unit Two-Bedroom Quadplex
For Sale
$229,900

143 S Central Ave, Somerset, KY 42501

Downtown multifamily property with four residential units and additional rear space identified for a future rental unit.

Property Size4,032 SF
Price / SF$57.02
Days on Market11

Property Features for 143 S Central Ave

General Information

Standard status Active
Size 4,032 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Listing Agency: Keller Williams Commonwealth - Somerset
Listed By: Nathanael Sears
Source: Centralkentuckyhouses
Added: Sep 12 Changed: Sep 21 Last Checked: Sep 21 at 2:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Commonwealth - Somerset

Investment Insights

Based on property information with market context.

This 4,032-square-foot quadplex contains four residential units, each arranged with two bedrooms, one full bathroom, and a large living area. The property also includes rear garage space identified for construction of an additional rental unit, subject to applicable approvals and development requirements.

Located at 143 S Central Ave in downtown Somerset, the property combines an existing four-unit configuration with an additional area that may support expanded residential use. The unit layout provides a consistent two-bedroom, one-bathroom configuration across the building.

Key Highlights

  • Four residential units, each with 2 bedrooms and 1 full bathroom
  • 4,032 square feet of multifamily property
  • Large living areas included in each unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Skin Care Clinic Pet Grooming 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby

Demographics for 42501, KY

18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Downtown multifamily property with four residential units and additional rear space identified for a future rental unit.
Where is this quadplex located?
The property is located at 143 S Central Ave Somerset, KY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1 full bathroom; 4,032 square feet of multifamily property; Large living areas included in each unit
More about this property
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