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Four-Unit Multifamily Property
For Sale
$229,500

623 N 20th Street, Middlesboro, KY 40965

A detached manufactured home accompanies a multifamily building with three apartments.

Property Size2,700 SF
Price / SF$85
Days on Market143

Property Features for 623 N 20th Street

General Information

Standard status Active
Size 2,700 SF
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 1 x 2BR, 2 x 1BR, 1 x 2BR/2BA
Multifamily Units 4

Additional Details

Cap Rate 9%
Tenant in Place Yes

Building Details

Year Built 1946
Buildings 2
Listing Agency: Continental Real Estate Group
Listed By: Derek Eisenberg · License #278373
Source: Mdmitchellrealestate
Added: Jun 12 Changed: Oct 29 Last Checked: Oct 29 at 2:49PM

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 Continental Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This four-unit multifamily property includes a main building with three apartments: one two-bedroom unit and two one-bedroom units. A separate manufactured home adds a fourth residence and has two bedrooms and two bathrooms. The property totals 2,700 square feet and was built in 1946.

All four units are occupied. The property has newer appliances and has received updates and improvements over time.

Key Highlights

  • Four occupied units: one 2‑bedroom, two 1‑bedroom, and one 2‑bedroom, 2‑bathroom residence
  • Main multifamily building plus a detached manufactured home
  • 2,700 square feet; built in 1946

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

712
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - A detached manufactured home accompanies a multifamily building with three apartments.
Where is this quadplex located?
The property is located at 623 N 20th Street Middlesboro, KY.
What is the asking price?
The asking price for this property is $229,500.
What are key features of this property?
This property features: Four occupied units: one 2‑bedroom, two 1‑bedroom, and one 2‑bedroom, 2‑bathroom residence; Main multifamily building plus a detached manufactured home; 2,700 square feet; built in 1946
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