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Falmouth, KY Multifamily Properties for Sale

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Updated Triplex with Storage Units
$269,000
0.24 Acres

Updated Triplex with Storage Units

808 W Shelby St, Falmouth, KY 41040

Recently updated triplex with four detached storage units for sale.

  • Income‑generating property: All 3 units are currently rented, providing immediate rental income.
  • Recently updated: Major renovations completed in 2020, including windows, roof, siding, electric, and plumbing.
  • Detached storage units: Includes 4 freshly renovated detached storage units, potentially generating additional income.
  • Multiple off‑street parking options: Features front and back parking pads, plus an extended driveway.
  • Updated appliances: Includes electric range, dishwasher, and refrigerator.
Updated: Jan 9
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Falmouth Multifamily Fixer-Upper Opportunity
Pending
$49,900
0.31 Acres

Falmouth Multifamily Fixer-Upper Opportunity

312 Chapel St, Falmouth, KY 41040

Two-unit multifamily home with rehab potential and detached garage.

  • Two separate 3‑bedroom, 1‑bathroom units offer strong rental potential.
  • Detached 3‑car garage provides significant value and parking.
  • Multifamily property with potential for cash flow after rehab.
  • Brick construction.
  • Central air cooling.
Updated: Nov 23, 2025
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Falmouth, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Property with Apartment Features
$224,900
0.15 Acres

Commercial Property with Apartment Features

Storefront with three-bedroom apartment in Dry Ridge, Kentucky.

20 S Main St S, Dry Ridge, KY 41035
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Dry Ridge Mixed-Use Investment
$650,000
7,300 SF

Dry Ridge Mixed-Use Investment

Income-producing property with commercial and residential units in Dry Ridge.

28 Broadway St, Dry Ridge, KY 41035
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Move-in Ready Condo in Covington
$225,000
1,224 SF

Move-in Ready Condo in Covington

Condo with updated flooring, stainless appliances, and community amenities.

2153 Rolling Hills Dr, Covington, KY 41017
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Covington Investment Property with Garage
Pending
$179,000
1,840 SF

Covington Investment Property with Garage

Well-kept duplex in Latonia with long-term tenants and garage.

15 E 41St St, Covington, KY 41015
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Falmouth, KY Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Falmouth, KY on our real estate platform. These investment opportunities span a total of 23,958 square feet of properties for sale, with an estimated market value of $318,900.

Prices for multifamily properties in Falmouth, KY start at $49,900, averaging $159,450, and reaching up to $269,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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