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Five-Unit Apartment Building
For Sale
$125,000

700 E 7th St, Hopkinsville, KY 42240

Multifamily property with five separate residential units in an established Hopkinsville location.

Property Size4,310 SF
Price / SF$29
Days on Market53

Property Features for 700 E 7th St

General Information

Standard status Active
Size 4,310 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 5

Building Details

Year Built 1900
Buildings 1
Listing Agency: Advantage REALTORS
Listed By: Karen Chiles · License #296675
Source: Forsaleinclarksville
Added: Aug 16 Changed: Oct 4 Last Checked: Oct 5 at 8:52PM

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 Advantage REALTORS

Investment Insights

Based on property information with market context.

This multifamily property at 700 E 7th St contains five separate residential units within approximately 4,310 square feet. The configuration provides multiple residential spaces within one apartment building and is suited to continued multifamily use.

The property is located in Hopkinsville near shopping, dining, schools, employment, and other community amenities. Its established setting places daily services and local destinations within the surrounding area.

Key Highlights

  • Five separate residential units
  • Approximately 4,310 square feet
  • Located at 700 E 7th St in Hopkinsville, KY

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Big Box & Wholesale Store Storage Facility Dental Office

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,070
Businesses Nearby

Demographics for 42240, KY

41,791
Population
18,663
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
85%
High-School Grad
277.2 sq mi
ZIP Area
151
Density / Sq Mi
$49,872
Median Household Income
$36,321
Median Earnings
$866
Median Rent
$147,400
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with five separate residential units in an established Hopkinsville location.
Where is this apartment building located?
The property is located at 700 E 7th St Hopkinsville, KY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Five separate residential units; Approximately 4,310 square feet; Located at 700 E 7th St in Hopkinsville, KY
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