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Three-Unit Multifamily Property
For Sale
$135,000

205 Frank Street, Paintsville, KY 41240

Residential Income, Paintsville, KY

Property Size2,440 SF
Lot Size0.14 Acres
Price / SF$55.33
Days on Market113

Property Features for 205 Frank Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1
Subdivision Downtown
High school Paintsville
Elementary school district Johnson County - 82
Middle school district Johnson County - 82
High school district Johnson County - 82
Directions 205 Frank St (on left)
Standard status Active
APN P53-07-04-018.00
Size 2,440 SF
Lot size 0.14 Acres

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1940
Roof type Metal
Listing Agency: KY Realty Co
Listed By: Holly Spradlin · License #207752
Added: Jun 6 Changed: Sep 12 Last Checked: Sep 26 at 9:06AM
MLS# 26015957

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.

Investment Insights

Based on property information with market context.

This multifamily property at 205 Frank Street in Paintsville, Kentucky, contains three separate units within 2,440 square feet. Individual entrances provide distinct access for each residence. The property includes a metal roof, window unit cooling, and was built in 1940. The room inventory includes five bedrooms and three bathrooms across the building.

The 0.14-acre property is located near downtown Paintsville, with shopping, restaurants, schools, and other local amenities identified in the surrounding area. Its Johnson County location places the building within ZIP Code 41240.

Key Highlights

  • Three separate residential units
  • 2,440 square feet on 0.14 acres
  • Five bedrooms and three bathrooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Locksmith Big Box & Wholesale Store (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

3
Residential units

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby

Demographics for 41240, KY

6,279
Population
3,225
Households
1.9
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
36.9 sq mi
ZIP Area
170
Density / Sq Mi
$41,000
Median Household Income
$32,167
Median Earnings
$685
Median Rent
$159,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Separate entrances and individual living spaces support flexible multifamily occupancy in an established Paintsville setting.
Where is this triplex located?
The property is located at 205 Frank Street Paintsville, KY.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three separate residential units; 2,440 square feet on 0.14 acres; Five bedrooms and three bathrooms
More about this property
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