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Five-Unit Apartment Building with Studios
For Sale
$245,000

306 E Main Street, Glasgow, KY 42141

MULTI_FAMILY - Glasgow, KY

Property SizeContact for details
Lot Size0.26 Acres
Days on Market469

Property Features for 306 E Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking 4
Elementary school South Green
Middle school Glasgow
High school Glasgow
Directions Property is located at the southwest corner of East Main Street and North Morgan Street in Glasgow, KY. From the Glasgow square,take East Main east away from the square and property is on the right, at the North Morgan intersection.
Subdivision Glasgow Northeast
Standard status Active
Lot size 0.26 Acres

Building Details

Year built 1965
Number of units 5
Listing Agency: NextHome Realty Experts
Listed By: Connor Raymer · License #242785
Added: Apr 25, 2025 Changed: Aug 2 Last Checked: Aug 6 at 9:06PM
MLS# RA20252235

Copyright © 2026 REALTOR® Association of Southern Kentucky, 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 turnkey five-unit apartment building features three studio apartments and two 1 bed/1 bath units. Each unit is equipped with its own electric mini-split system for heating and cooling. The roof was replaced around 2020, and the landlord currently pays all utilities.

Updates and improvements include two upgraded mini-split systems, new flooring in four units, and updated kitchen appliances in all five units. Built in 1965, the property offers a straightforward configuration for a rental operation.

The building is located at 306 E Main Street in Glasgow, KY 42141 in Barren County.

Key Highlights

  • Five units: three studio apartments and two 1 bed/1 bath units
  • Each unit has its own electric mini‑split heating and cooling
  • Roof replaced around 2020

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Plumbing Service Computer & Electronic Repair Grocery & Convenience Store Kitchen & Bath Showroom

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

Demographics for 42141, KY

32,207
Population
14,385
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
268.5 sq mi
ZIP Area
120
Density / Sq Mi
$51,188
Median Household Income
$35,094
Median Earnings
$833
Median Rent
$170,700
Median Home Value

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?
Apartment building - Three studio and two one-bedroom units, each with its own electric mini-split, in a turnkey rental property.
Where is this apartment building located?
The property is located at 306 E Main Street Glasgow, KY.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Five units: three studio apartments and two 1 bed/1 bath units; Each unit has its own electric mini‑split heating and cooling; Roof replaced around 2020
More about this property
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