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Quadplex with Warehouse Space
For Sale
$335,000

5050 KY Route 114, Prestonsburg, KY 41501

Residential Income, 2 Story, Prestonsburg, KY

Property Size5,991 SF
Lot Size11.00 Acres
Price / SF$55.92
Days on Market653

Property Features for 5050 KY Route 114

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Window features Double Pane Windows
Patio and Porch features Deck, Porch
Appliances Electric, Gas, Refrigerator, Stove
Elementary school Prestonsburg
Middle school Adams
High school Prestonsburg
Directions Travel 3.8 miles from Prestonsburg Rt 23 and 114 intersection towards Salyersville. Property is located on the left.
Subdivision Floyd
Standard status Active
Size 5,991 SF
Lot size 11.00 Acres

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Number of units 6
Roof type Shingle
Architectural style Other
Listing Agency: Re/Max Legacy Group
Listed By: Joe D. Marson
Added: Dec 8, 2024 Changed: Sep 14 Last Checked: Sep 22 at 11:06AM
MLS# 124198

Copyright © 2026 Eastern Kentucky Association of Realtors. 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 quadplex property in Prestonsburg includes four residential rental units within a 5,991-square-foot building. The lower level contains unoccupied space comparable in size to the existing residential area, with the source information identifying possible conversion to additional rental units or office, retail, or service-based space. A 1,600-square-foot warehouse with 16-foot ceilings is also included for light industrial use.

The property encompasses approximately 11 acres at 5050 KY Route 114. Built in 1980, it has natural gas heating, central air, public water, a shingle roof, and both porch and deck areas. The sale is offered as-is.

Key Highlights

  • Four residential rental units in a quadplex configuration
  • Approximately 11 acres included with the property
  • 1,600‑square‑foot warehouse with 16 ft ceilings

Property Analytics

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Current Use

Quadplexes

Lease Details

16 ft
Clear height

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 41501, KY

22,636
Population
11,343
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
192.4 sq mi
ZIP Area
118
Density / Sq Mi
$44,719
Median Household Income
$35,310
Median Earnings
$873
Median Rent
$147,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units are complemented by adaptable lower-level space and a warehouse with 16-foot ceilings.
Where is this quadplex located?
The property is located at 5050 KY Route 114 Prestonsburg, KY.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Four residential rental units in a quadplex configuration; Approximately 11 acres included with the property; 1,600‑square‑foot warehouse with 16 ft ceilings
More about this property
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