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Four-Unit Property with Detached Home
For Sale
$229,500

623 N 20th Street, Middlesboro, KY 40965

Residential Income, Middlesboro, KY

Property Size2,700 SF
Lot Size0.36 Acres
Price / SF$85
Days on Market98

Property Features for 623 N 20th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-1
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 5, Bedroom 1, Laundry Room, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 6, Bathroom 5
Subdivision City Limits
High school Middlesboro Ind
Elementary school district Bell County - 87
Middle school district Bell County - 87
High school district Bell County - 87
Directions Cumberland Avenue to 19thd street then left on north 20th street and the four plex will be right in front of you.
Standard status Active
APN 069-34-06-021.00
Size 2,700 SF
Lot size 0.36 Acres

Utilities

Heating system Space Heater, Heat Pump (Heating), Forced Air
Cooling system Central Air, Ceiling Fan(s), Wall Unit(s)

Building Details

Year built 1946
Floors in Building 1
Number of units 4
Roof type Composition
Listing Agency: Continental Real Estate Group
Listed By: Derek Eisenberg · License #BR98365516
Added: Jun 8 Changed: Sep 12 Last Checked: Sep 13 at 8:06AM
MLS# 26013646

Copyright © 2026 ImagineMLS. 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 four-unit residential income property includes a multifamily building with one two-bedroom apartment and two one-bedroom apartments, plus a detached manufactured home with two bedrooms and two bathrooms. The 2,700-square-foot property sits on 0.355 acres and dates to 1946. Units are fully occupied and feature newer appliances along with multiple updates completed over time.

The property is located at 623 N 20th Street in Middlesboro, Kentucky, within R-1 zoning. Heating includes heat pumps, space heaters, and forced air, while cooling is provided by central air, wall units, and ceiling fans. The roof is composition, and the property includes laundry space and multiple bathrooms across the units.

Key Highlights

  • Four fully occupied residential units
  • Unit mix includes one 2‑bedroom and two 1‑bedroom apartments
  • Detached manufactured home includes 2 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Fully occupied residential income property with a varied unit mix, updated interiors, and a separate manufactured home.
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 fully occupied residential units; Unit mix includes one 2‑bedroom and two 1‑bedroom apartments; Detached manufactured home includes 2 bedrooms and 2 bathrooms
More about this property
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