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50-Unit Apartment Building
For Sale
$3,500,000

2916 Veach Road, Owensboro, KY 42303

RESIDENTIAL INCOME, Two Story, Owensboro, KY

Property SizeContact for details
Lot Size3.82 Acres
Days on Market237

Property Features for 2916 Veach Road

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Cooktop
Subdivision CENTRAL
Elementary school Newton Parrish Elementary School
Middle school OWENSBORO MIDDLE SCHOOL
High school OHS
Standard status Active
Lot size 3.82 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Amenities

W/D hookups

Building Details

Year built 1974
Number of units 50
Flooring type Tile, Carpet
Building materials Brick Veneer
Architectural style Other
Listing Agency: Supreme Dream Realty, LLC
Listed By: Lisa Kassinger
Added: Mar 5 Changed: Oct 13 Last Checked: Oct 28 at 10:06AM
MLS# 94264

Copyright © 2026 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-story apartment property contains 50 units with one-, two-, and three-bedroom layouts. The improvements date to 1974 and feature brick veneer construction, tile and carpet flooring, forced-air heating, central air conditioning, cooktops, and washer and dryer hookups. Public sewer serves the property, which occupies 3.82 acres.

The complex is located on Veach Road in Owensboro, Kentucky, within ZIP Code 42303. Its residential configuration, unit mix, and existing building systems provide a clearly defined multifamily asset with established physical improvements.

Key Highlights

  • 50 units with one-, two-, and three‑bedroom apartment layouts
  • 3.82‑acre multifamily property
  • Two‑story improvements built in 1974

Property Analytics

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Lease Details

50
Residential units

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby

Demographics for 42303, KY

41,877
Population
18,055
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
48.8 sq mi
ZIP Area
858
Density / Sq Mi
$63,010
Median Household Income
$41,272
Median Earnings
$941
Median Rent
$183,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story complex with one-, two-, and three-bedroom units, washer and dryer hookups, and central air conditioning.
Where is this apartment building located?
The property is located at 2916 Veach Road Owensboro, KY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 50 units with one-, two-, and three‑bedroom apartment layouts; 3.82‑acre multifamily property; Two‑story improvements built in 1974
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