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Three-Unit Downtown Triplex
New
For Sale
$599,000

157 Second Street, Pikeville, KY 41501

MULTI_FAMILY - Pikeville, KY

Property Size7,694 SF
Lot Size0.20 Acres
Price / SF$77.85
Days on Market1

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 Active
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 Last Checked: Aug 12 at 6:06PM
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 three-unit multifamily property includes one two-bedroom, one-bath apartment and two three-bedroom, two-bath apartments. The 7,694-square-foot building was constructed in 1898 and includes porches, first-floor bedroom access, walk-in closets, ceiling fans, and window treatments. Kitchens are equipped with dishwashers, microwaves, refrigerators, stoves, wall ovens, and islands. Central air and heat-pump heating serve the apartments, with public water and public sewer connected.

The property occupies 0.2 acres at 157 Second Street in downtown Pikeville. Pikeville Medical Center and the University of Pikeville, including its Medical, Optometry and Dental School, are identified nearby in the property information. Mixed zoning applies to the site.

Key Highlights

  • Three apartments: one 2‑bedroom, 1‑bath unit and two 3‑bedroom, 2‑bath units
  • 7,694 square feet on 0.2 acres
  • Located at 157 Second Street in downtown Pikeville, KY 41501

Property Analytics

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

700
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

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 provide varied bedroom and bathroom layouts in downtown Pikeville.
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: one 2‑bedroom, 1‑bath unit and two 3‑bedroom, 2‑bath units; 7,694 square feet on 0.2 acres; Located at 157 Second Street in downtown Pikeville, KY 41501
More about this property
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