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Two-Building Multifamily Property
For Sale
$960,000

508 & 512 Winchester Ave, Middlesboro, KY 40965

Residential rental buildings occupy a combined site along Winchester Avenue.

Property Size6,696 SF
Lot Size1.23 Acres
Price / SF$143.37
Days on Market288

Property Features for 508 & 512 Winchester Ave

General Information

Standard status Active
Size 6,696 SF
Lot size 1.23 Acres
Property subtype Multi-Family

Building Details

Year Built 1980
Buildings 2
Listing Agency: Turn Key Realty
Listed By: Beth Combs · License #334752
Source: Centralkyhomesforsale
Added: Nov 17, 2025 Changed: Aug 31 Last Checked: Aug 31 at 5:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Turn Key Realty

Investment Insights

Based on property information with market context.

This offering includes two adjacent apartment buildings at 508 and 512 Winchester Avenue in Middlesboro, Kentucky. Together, the buildings contain 13,392 square feet of living area on 1.23 acres. Each structure contributes 6,696 square feet, with the 508 Winchester Avenue building situated on 0.55 acres and the 512 Winchester Avenue building on 0.68 acres.

Constructed in 1980, the properties are positioned along Winchester Avenue with access to local amenities, major thoroughfares, and the surrounding Middlesboro community. The paired-building format provides a single acquisition comprising two separate multifamily structures and their associated land.

Key Highlights

  • Two adjacent apartment buildings at 508 and 512 Winchester Avenue
  • 13,392 square feet of combined living area
  • Combined site totals 1.23 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 40965, KY

12,477
Population
6,047
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
81%
High-School Grad
86.3 sq mi
ZIP Area
145
Density / Sq Mi
$30,980
Median Household Income
$25,975
Median Earnings
$664
Median Rent
$84,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential rental buildings occupy a combined site along Winchester Avenue.
Where is this apartment building located?
The property is located at 508 & 512 Winchester Ave Middlesboro, KY.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Two adjacent apartment buildings at 508 and 512 Winchester Avenue; 13,392 square feet of combined living area; Combined site totals 1.23 acres
More about this property
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