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Two-Story Triplex
For Sale
$599,000
Pending

157 Second Street, Pikeville, KY 41501

Residential Income, 2 Story, Pikeville, KY

Property Size7,694 SF
Lot Size0.20 Acres
Days on Market46

Property Features for 157 Second Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Mixed
Window features Double Pane Windows
Patio and Porch features Porch
Interior features 1st Floor Bedroom, Cable/DSL Available, Ceiling Fans, Walk In Closet, Window Treatments
Appliances Dishwasher, Island, Microwave, Refrigerator, Stove, Wall Oven
High school Pikeville
Directions From US 23 and 119 Walmart intersection Travel south and take first exit 24 to downtown Pikeville, and turn left. Travel approximately 5 miles and turn left on Division Street And continue straight two blocks and turn left on Main Street then turn left on Second Street house is on the left.
Subdivision Pike
Standard status Pending
Size 7,694 SF
Lot size 0.20 Acres

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1898
Number of units 3
Roof type Metal
Architectural style Other
Listing Agency: Valley Agency, Inc.
Listed By: Janice Johnson
Added: Aug 12 Changed: Aug 31 Last Checked: Sep 26 at 6:06AM
MLS# 129116

Copyright © 2026 Eastern Kentucky Association of Realtors. 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 two-story triplex contains three apartments within a 7,694-square-foot property on a 0.2-acre parcel. The unit mix includes one two-bedroom, one-bath apartment and two three-bedroom, two-bath apartments. Interior features include first-floor bedrooms, walk-in closets, ceiling fans, and window treatments. Kitchens are equipped with dishwashers, refrigerators, stoves, microwaves, islands, and wall ovens.

The property is located in downtown Pikeville, with access to Pikeville Medical Center and the University of Pikeville, including its medical, optometry, and dental schools. Central air, heat-pump heating, a metal roof, a porch, public water, and public sewer serve the property. Built in 1898, the building carries Mixed zoning.

Key Highlights

  • Three apartments with one two‑bedroom unit and two three‑bedroom units
  • 7,694 square feet on a 0.2‑acre parcel
  • Downtown Pikeville location near Pikeville Medical Center and the University of Pikeville

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Storage Facility Carpet & Flooring Store

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

703
Businesses Nearby

Demographics for 41501, KY

22,636
Population
11,343
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
192.4 sq mi
ZIP Area
118
Density / Sq Mi
$44,719
Median Household Income
$35,310
Median Earnings
$873
Median Rent
$147,000
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?
Triplex - Three apartments offer a mix of two- and three-bedroom layouts with central air, heat pumps, and public utilities.
Where is this triplex located?
The property is located at 157 Second Street Pikeville, KY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three apartments with one two‑bedroom unit and two three‑bedroom units; 7,694 square feet on a 0.2‑acre parcel; Downtown Pikeville location near Pikeville Medical Center and the University of Pikeville
More about this property
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