Apartment Building Portfolio with Assigned
For Sale
$3,500,000
401 427 431 451 Hutchinson Ave, Paducah, KY 42003
COMMERCIAL - Paducah, KY
Property SizeContact for details
Days on Market66
Property Features for 401 427 431 451 Hutchinson Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Assigned
Lot features
County
Directions
From Mercy Health - Lourdes Hospital, turn left onto Lone Oak Road. In 1.1 miles, turn left onto Lakeview Drive. In 300 ft, turn right onto Albany. In 600 ft, turn right onto Atlanta. In .7 miles, turn left onto Hutchison Ave. Property is on the right
Subdivision
McCracken
Standard status
Active
Utilities
Heating system
Forced Air, Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump, Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Tile, Laminate, Carpet
Building materials
Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Better Homes & Gardens Fern Leaf Group
(270) 415-5623
Listed By:
Jeffrey Pierce · License #261477
(270) 442-0253
Added: Jun 2
Changed: Aug 4
Last Checked: Aug 6 at 10:06PM
MLS# 132188
Copyright © 2026 Western Kentucky Regional MLS 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 apartment building portfolio consists of five commercial buildings totaling over 30,000 square feet, positioned for income production. The offering includes assigned parking and essential utilities already in place, including high-speed internet, public water/sewer, and Paducah Power electric. Tenants are screened prior to occupancy.
The buildings feature brick and siding construction and include a metal roof. Interior finishes noted include laminate, tile, and carpet, with heating provided by heat pump and forced air electric systems and cooling via central air and heat pump.
Some rental units have been updated. The property also includes acreage to build additional structures, supporting expansion possibilities within the portfolio.
The buildings feature brick and siding construction and include a metal roof. Interior finishes noted include laminate, tile, and carpet, with heating provided by heat pump and forced air electric systems and cooling via central air and heat pump.
Some rental units have been updated. The property also includes acreage to build additional structures, supporting expansion possibilities within the portfolio.
Key Highlights
- Five buildings totaling over 30,000 square feet
- Assigned parking
- Utilities include high‑speed internet, public water/sewer, and Paducah Power electric
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 42003, KY
28,592
Population
14,132
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
414
Density / Sq Mi
$54,052
Median Household Income
$33,566
Median Earnings
$696
Median Rent
$160,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-building apartment portfolio features assigned parking and utilities in place, including public water/sewer and electric from Paducah Power.
Where is this apartment building located?
The property is located at 401 427 431 451 Hutchinson Ave Paducah, 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: Five buildings totaling over 30,000 square feet; Assigned parking; Utilities include high‑speed internet, public water/sewer, and Paducah Power electric
