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Three-Home Short-Term Rental Property
For Sale
$649,900

98X3 Hwy. 1611, Russell Springs, KY 42642

Three residences near Lake Cumberland Marina include one furnished home and carry no HOA.

Property Size4,800 SF
Price / SF$135.40
Days on Market145

Property Features for 98X3 Hwy. 1611

General Information

Standard status Active
Size 4,800 SF
Property subtype Multifamily

Units

Unit Mix 3 x 4BR/3BA
Multifamily Units 3

Building Details

Year Built 2024
Buildings 3
Listing Agency: CENTURY 21 Advantage Realty
Listed By: Bradley Bigelow · License #190805
Source: Mdmitchellrealestate
Added: Jun 9 Changed: Oct 29 Last Checked: Oct 29 at 2:50PM

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 CENTURY 21 Advantage Realty

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Investment Insights

Based on property information with market context.

Built in 2024, the property consists of three homes, each with four bedrooms, three bathrooms, and 1,600 square feet. One home is furnished, and the property has no HOA.

The homes are near Lake Cumberland Marina and restaurants in Eli, Kentucky. Several other boat ramps are also nearby, providing additional lake access.

Key Highlights

  • Three homes, each with 4 bedrooms, 3 bathrooms, and 1,600 square feet
  • Built in 2024
  • One home is furnished

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 42642, KY

12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
Median Home Value

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?
Short term rental property - Three residences near Lake Cumberland Marina include one furnished home and carry no HOA.
Where is this short term rental property located?
The property is located at 98X3 Hwy. 1611 Russell Springs, KY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Three homes, each with 4 bedrooms, 3 bathrooms, and 1,600 square feet; Built in 2024; One home is furnished
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