208 Auburn Avenue, Somerset, KY 42503
MULTI_FAMILY - Somerset, KY
- Added:
- Jun 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 5:06 am
Property Features for 208 Auburn Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3
- Standard status
- Active
- APN
- 062-5-1-41
- Size
- 4,314 SF
- Lot size
- 0.35 Acres
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air, Window Unit(s)
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 3
Listing agent Millie King Weaver License #208856 (606) 875-1333
Listing office Keller Williams Bluegrass Realty - Lake Cumberland 407 Monticello Street, Somerset, KY (606) 875-1333
Listing date Jun 18, 2026
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.
HighLights
- Built in 1970
- 6 bedrooms
- 4 bathrooms
- Heating includes electric heat and a heat pump
- Cooling includes central air plus window unit(s)
Overview
Located in Somerset, Kentucky (Pulaski County), the property sits on Auburn Avenue with an address suitable for owner-occupants or investors evaluating local rental housing opportunities. The listing includes lot size and building size, which can help streamline underwriting and planning for potential buyers.
As a multi-family offering, the property may fit buyers seeking residential rental income rather than a single-tenant setup. Prospective purchasers and their agents can review the building’s layout and configuration on-site and evaluate how the property’s size and site footprint align with their leasing strategy, operating costs, and renovation or upkeep plans. Because no unit breakdown, occupancy details, or interior features were provided in the listing information, buyers should confirm those elements during due diligence.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.9k | $12.96 |
| − Vacancy | −$2.6k | −$0.61 |
| EGI | $53.3k | $12.35 |
| − OpEx | −$24.0k | −$5.56 |
| NOI | $29.3k | $6.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Somerset
- County
- Pulaski
- State
- Kentucky
- Longitude
- -84.616719
- Latitude
- 37.042748
