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Six-Duplex Residential Portfolio

Mattingly Drive, Henderson, KY 42420

For Sale
$675,000

RESIDENTIAL, Henderson, KY

Property Size638 SF
Price / SF$1,057
Days on Market50

Property Features for Mattingly Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 1
Patio and Porch features Porch
Interior features W/D Hookup
Exterior features Concrete Drive, Porch Front
Appliances Cooktop, Dishwasher, Disposal, Exhaust Fan
Subdivision HENDERSON COUNTY
Lot features Level
Standard status Active
Size 638 SF

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1982
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Brick Veneer
Buildings 6
Listing Agency: BHG Realty
Listed By: Blake Hayden · License KY #217646
Added: Sep 23 Changed: Nov 10 Last Checked: Nov 11 at 9:06AM
MLS# 95846

Copyright © 2026 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Henderson portfolio comprises six duplexes and 12 residences, each configured with two bedrooms and one bathroom. The homes were built in 1982 and feature brick veneer construction, front porches, concrete driveways, forced-air heating, and electric central air conditioning. Interior details include carpet and vinyl flooring, washer and dryer hookups, cooktops, dishwashers, disposals, and exhaust fans. Public water and sewer serve the properties.

The residences participate in the Section 8 program under a 10-year agreement signed by the current owners one year ago, leaving approximately nine years on the term. HUD rent adjustments are typically about 2% annually. The six properties are located at 1422, 1428, 1432, 1436, 1440, and 1446 Mattingly Drive in Henderson, Kentucky.

Key Highlights

  • Six duplexes comprising 12 residences, with two bedrooms and one bathroom in each unit
  • Section 8 participation with approximately nine years remaining on a 10‑year agreement
  • HUD rent adjustments typically increase by 2% annually

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 42420, KY

37,664
Population
17,316
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
89%
High-School Grad
191.6 sq mi
ZIP Area
197
Density / Sq Mi
$56,661
Median Household Income
$39,168
Median Earnings
$792
Median Rent
$164,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Twelve two-bedroom residences participate in the Section 8 housing program under an agreement with approximately nine years remaining.
Where is this duplex located?
The property is located at Mattingly Drive Henderson, KY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Six duplexes comprising 12 residences, with two bedrooms and one bathroom in each unit; Section 8 participation with approximately nine years remaining on a 10‑year agreement; HUD rent adjustments typically increase by 2% annually
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