401 427 431 451 Hutchinson Ave, Paducah, KY 42003
- Added:
- Jun 2, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 13 at 4:06 am
Property Features for 401 427 431 451 Hutchinson Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Assigned
- Standard status
- Active
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating), Forced Air
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Tile, Carpet, Laminate
- Building materials
- Frame
- Roof type
- Metal
- Architectural style
- Other
Listing agent Jeffrey Pierce License #261477 (270) 442-0253
Listing office Better Homes & Gardens Fern Leaf Group 2018 Broadway, Paducah, KY (270) 415-5623
Listing date Jun 2, 2026
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.
HighLights
- Income‑producing portfolio with strong rental history and immediate cash flow.
- Five commercial buildings totaling over 30,000 square feet.
- Turn‑key asset with essential utilities in place.
- Solid brick and siding construction with metal roof.
- Assigned parking and screened tenants for stability.
- Acreage available to build additional structures.
Overview
The buildings are located at 401, 427, 431, and 451 Hutchinson Ave in Paducah, Kentucky 42003, within McCracken County. The offering is presented as a consolidated, turn-key investment package with multiple structures in place.
For investors seeking a multi-building setup, this portfolio offers a managed, income-producing configuration across five separate buildings, supported by existing utility services and assigned parking. With some units noted as updated and multiple structures within the same ownership group, it may fit buyers looking for a straightforward operational footprint. The property also includes acreage to build additional structures, expanding options for future development within the same overall site.
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 | $489.6k | $16.32 |
| − Vacancy | −$42.1k | −$1.40 |
| EGI | $447.5k | $14.92 |
| − OpEx | −$201.4k | −$6.71 |
| NOI | $246.1k | $8.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Paducah
- County
- McCracken
- State
- Kentucky
- Longitude
- -88.658445
- Latitude
- 37.02862