Historic Triplex with
335 N 6th Street, Paducah, KY 42001
For Sale
$495,000
Residential Income, Paducah, KY
Property Size5,490 SF
Lot Size0.21 Acres
Price / SF$90.16
Days on Market49
Property Features for 335 N 6th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Utilities
Heating system
Cooling system
Amenities
hardwood floors
tall ceilings
covered porches
screened in porch
garage
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Elite Realty
(270) 444-6522
Listed By:
Lisa Humphrey · License KY #276371
(270) 210-6837
Added: Sep 25
Changed: Oct 31
Last Checked: Nov 12 at 9:06AM
MLS# 26026556
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.
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Investment Insights
Based on property information with market context.
This historic triplex contains 5,490 square feet across three apartments. The ground-floor residence has three bedrooms and two bathrooms; the upper level holds two one-bedroom, one-bathroom apartments. Interior details include hardwood flooring and high ceilings, while the exterior offers covered porches, a screened porch, and a garage. The building dates to 1857 and sits on a 0.2099-acre lot in Paducah’s historic district.
Natural gas heating and central air conditioning serve the property, with ceiling fans also present. Parking features include covered parking and on-street parking. The property is zoned H-2.
Natural gas heating and central air conditioning serve the property, with ceiling fans also present. Parking features include covered parking and on-street parking. The property is zoned H-2.
Key Highlights
- Three apartments: one 3‑bedroom, 2‑bath unit and two 1‑bedroom, 1‑bath units
- 5,490 square feet on a 0.2099‑acre lot
- Built in 1857; located in Paducah’s historic district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,040
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,800
$900.8K
Cap Rate 7%
$643,429
$643.4K
Cap Rate 9%
$500,444
$500.4K
Market Conditions
NOI Build-Up for 5,490 SF
Gross rent
$89.6K $16.32/SF
− Vacancy
−$7.7K −$1.40/SF
EGI
$81.9K $14.92/SF
− OpEx
−$36.9K −$6.71/SF
NOI
$45.0K $8.20/SF
Area
McCracken County, KY
Vacancy
8.60%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,800
Cap Rate 7%
$643,429
Cap Rate 9%
$500,444
Alternative Uses
Best Use
Multifamily LT 5
$707.8K
$619.4K – $825.8K
NOI $49,548 @ 7.0% cap · market cap 10.01%
Second Best
Apartment 5plus
$643.4K
$563.0K – $750.7K
NOI $45,040 @ 7.0% cap · market cap 9.10%
Theoretical Best
Warehouse
$1.14M
$1.00M – $1.33M
NOI $80,072 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments are arranged across two floors, with a larger residence below and two smaller units upstairs.
Where is this triplex located?
The property is located at 335 N 6th Street Paducah, KY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three apartments: one 3‑bedroom, 2‑bath unit and two 1‑bedroom, 1‑bath units; 5,490 square feet on a 0.2099‑acre lot; Built in 1857; located in Paducah’s historic district
