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98X3 Hwy. 1611, Russell Springs, KY, 42642
Three-Unit Residential Income Property

98X3 Hwy. 1611 Russell Springs, KY 42642

For Sale
$649,900

MULTI_FAMILY - Russell Springs, KY

Property Size4,800 SF
Lot Size0.30 Acres
Price / SF$135.40
Days on Market405

Property Features for 98X3 Hwy. 1611

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
9
Rooms
Bathroom 6, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 12, Bathroom 5, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 6, Bedroom 11, Bathroom 7, Bathroom 3, Bedroom 9, Bathroom 8, Bedroom 4, Bedroom 10, Bathroom 9, Bedroom 1
Parking
10
Standard status
Active
APN
070-00-00-018.03, 070-00-00-018.06, 070-00-00-018.
Size
4,800 SF
Lot size
0.30 Acres

Utilities

Utilities
Propane
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump

Building Details

Year built
2024
Number of units
3
Roof type
Shingle
Listing Agency: CENTURY 21 Advantage Realty
Listed By: Bradley Bigelow · License #190805
Added: Jun 16, 2025 Changed: Jun 26 Last Checked: Jul 25 at 10:06AM
MLS# 25012973

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 offering consists of three brand-new homes on a 0.3-acre lot, presented as a small, self-contained rental portfolio. Each home includes four bedrooms and three bathrooms, with 1,600 square feet of living space. One of the homes is furnished, providing an immediate option for tenants or guests that require ready-to-use accommodations. There is no HOA, which can simplify operating decisions for an owner-operator or investor.

The properties are located near Lake Cumberland Marina and also in proximity to lake-access ramps, supporting convenient access to the area’s water recreation. Russell Springs is the listed community for the address at 98X3 Hwy. 1611, Russell Springs, KY 42642, with the surrounding area described as having restaurants in Eli, KY.

For investors focused on creating a diversified rental setup, the layout and unit mix may be appealing because each home offers the same functional bed-and-bath count. The combination of uniform floorplans, the presence of a furnished unit, and no HOA structure can help streamline day-to-day management across a three-home configuration, while the location supports vacation-rental style use in the Lake Cumberland area.

Key Highlights

  • Three brand‑new homes built in 2024, each with 4 bedrooms and 3 bathrooms
  • Each home offers 1,600 sq ft of living space
  • Heat pump heating and cooling plus propane utilities

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Storage Facility Grocery & Convenience Store Pet Store Restaurant Food Market Restaurant Hotel & Motel Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three newly built homes offer multiple-bedroom flexibility for residential or short-term rental operations near Lake Cumberland.
Where is this triplex 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 brand‑new homes built in 2024, each with 4 bedrooms and 3 bathrooms; Each home offers 1,600 sq ft of living space; Heat pump heating and cooling plus propane utilities
More about this property
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