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Six-Unit Apartment Building
For Sale
Under Contract
$289,900

1933 S 28th St., Paducah, KY 42001

Multi-Family, 2 Story, Paducah, KY

Property SizeContact for details
Days on Market88

Property Features for 1933 S 28th St.

General Information

Property type Residential Multi Family
Property subtype Other
Interior features Circuit Breakers
Exterior features Balcony, Circular Drive, Exterior Lights, Trees
Lot features In City Limits
Elementary school Morgan
Middle school Paducah Middle
High school Tilghman
Directions Traveling south on S. 28th St from the intersection of Jackson St and 28th, travel approximately 1 mile and apartments will be on the left. It is one (1) block south of Morgan Elementary School.
Subdivision McCracken
Standard status Active Under Contract

Utilities

Utilities Natural Gas Available
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Flooring type Wood, Laminate
Building materials Concrete Block, Frame
Roof type Shingle
Architectural style Other
Listing Agency: Purchase Realty Group
Listed By: Ronnie Dexter
Added: Jun 16 Changed: Sep 2 Last Checked: Sep 11 at 3:06PM
MLS# 137439

Copyright © 2026 Western Kentucky Regional MLS 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.

This two-story apartment building contains six units, including five apartments configured with two bedrooms and one bathroom. Interior improvements include electrical upgrades, unit renovations, and refurbished or newly installed flooring in the downstairs apartments. The property has circuit breakers, central air conditioning, forced-air natural gas heating, a shingle roof, and concrete block and frame construction.

Exterior features include balconies, exterior lighting, a circular drive, mature trees, a reinforced wood deck and steps, soffit repairs, and new gutters. Public water service and natural gas availability support the property. The building is located on S 28th St. in Paducah, Kentucky. Current tenancy is reported across the property with no arrears.

Key Highlights

  • Six‑unit apartment building with five 2BR/1Bath units
  • Electrical upgrades and renovations completed across all units
  • Downstairs units feature refurbished or new flooring

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 42001, KY

31,579
Population
14,815
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
94%
High-School Grad
74.2 sq mi
ZIP Area
426
Density / Sq Mi
$68,868
Median Household Income
$42,334
Median Earnings
$916
Median Rent
$210,100
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?
Apartment building - Two-story property with central air, natural gas heating, public water, and a mix of wood and laminate flooring.
Where is this apartment building located?
The property is located at 1933 S 28th St. Paducah, KY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Six‑unit apartment building with five 2BR/1Bath units; Electrical upgrades and renovations completed across all units; Downstairs units feature refurbished or new flooring
More about this property
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