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    Henderson, KY
    Multifamily

    Henderson, KY Multifamily Properties for Sale

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    6 properties
    Two-Unit Duplex with Fenced Yard
    Updated: Aug 20
    Two-Unit Duplex with Fenced Yard

    500 1St St, Henderson, KY 42420

    $130,000
    1,807 sqft
    1,807‑square‑foot duplex built in 1997
    Two‑bedroom, one‑bath unit paired with a one‑bedroom, one‑bath unit
    Central air, electric cooling, and forced‑air heating
    Hardwood flooring, ceiling fans, and washer and dryer hookups
    Ranges and refrigerators included in both units
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    Duplex with Two Separate Units
    Updated: Aug 20
    Duplex with Two Separate Units

    500 1st Street, Henderson, KY 42420

    $130,000
    1,807 sqft
    1,807 SF duplex built in 1997
    Two separate units with 2‑bedroom and 1‑bedroom layouts
    Each unit includes 1 full bath
    Refrigerator and range/oven included
    Natural gas forced‑air heating
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    Henderson Multifamily Turnkey Community
    Henderson Multifamily Turnkey Community

    242 Shenandoah Place, Henderson, KY 42420

    Contact for pricing
    26,700 sqft

    20-unit multifamily property with recent and ongoing capital improvements.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Affordable Multifamily Housing Community
    Affordable Multifamily Housing Community

    2718 Zion Road, Henderson, KY 42420

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    40,640 sqft

    48-unit affordable community built in 1998 with 2- and 3-bedroom units and in-unit washer/dryer hookups.

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    Value-Add Multifamily Portfolio
    Value-Add Multifamily Portfolio

    2650 Sunset Ln, Henderson, KY 42420

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    Henderson, KY apartment portfolio with spacious units and interior renovation upside, with noted rent growth momentum in the market.

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    24-Unit Apartment Building
    24-Unit Apartment Building

    701 Cherry St, Henderson, KY 42420

    Contact for pricing

    Two-level residences provide separate living, kitchen, laundry, and sleeping areas within each unit.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Henderson, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    20-Unit Affordable Apartment Building
    20-Unit Affordable Apartment Building

    2305 South Rotherwood Avenue, Evansville, IN 47714

    Contact for pricing
    14,752 sqft

    HUD-assisted apartments with a long-term project-based HAP contract and one-bedroom layouts.

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    Two-Unit Duplex With Garage
    Two-Unit Duplex With Garage

    610 Taylor Avenue, Evansville, IN 47713

    $114,999
    2,192 sqft 0.11 AC lot

    Two-story residential income property with one recently updated unit and a detached rear garage.

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    7-Unit Multifamily Portfolio
    7-Unit Multifamily Portfolio

    1157 Sweetser Ave, Evansville, IN 47714

    Contact for pricing

    Six units are currently rented, and tenants pay their own utility costs.

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    Brick 14-Unit Apartment Building
    Brick 14-Unit Apartment Building

    1510 SE Riverside Dr, Evansville, IN 47713

    Contact for pricing

    Fourteen-unit brick apartment building with recent updates and a roof installed in 2016.

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    Off-Market Properties in Henderson, KY

    Consider similar Off-Market properties in Henderson, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1st St Short
    MOBILE HOME PARK, TRAILER PARK

    1st St Short, Henderson, KY 42420

    $480,000
    Estimated value
    2.00 AC lot
    View details
    738 1st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    738 1st St, Henderson, KY 42420-5916

    $115,000
    Estimated value
    6,002 sqft 0.06 AC lot
    View details
    114 Powell St
    APARTMENT HOUSE (UNDER 5 UNITS)

    114 Powell St, Henderson, KY 42420-3580

    $270,000
    Estimated value
    5,113 sqft 0.50 AC lot
    View details
    2921 Us Hwy 60th E
    APARTMENT HOUSE (UNDER 5 UNITS)

    2921 Us Hwy 60th E, Henderson, KY 42420-2286

    $325,000
    Estimated value
    2,097 sqft 0.32 AC lot
    View details
    416 Richardson Ave
    MOBILE HOME PARK, TRAILER PARK

    416 Richardson Ave, Henderson, KY 42420-2640

    $540,000
    Estimated value
    6,002 sqft 0.33 AC lot
    View details
    15860 Spottsville Blf City Rd
    CAMPGROUND, RV PARK

    15860 Spottsville Blf City Rd, Henderson, KY 42420-9444

    Value Estimation by Request
    1,068 sqft 3.00 AC lot
    View details
    1300 Adams Ln
    MOBILE HOME PARK, TRAILER PARK

    1300 Adams Ln, Henderson, KY 42420-4795

    Value Estimation by Request
    3,322 sqft 14.83 AC lot
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    510 Watson Ln
    MOBILE HOME PARK, TRAILER PARK

    510 Watson Ln, Henderson, KY 42420-2145

    $360,000
    Estimated value
    5.98 AC lot
    View details
    355 Race Trak Rd
    MOBILE HOME PARK, TRAILER PARK

    355 Race Trak Rd, Henderson, KY 42420-5701

    $355,000
    Estimated value
    720 sqft 11.53 AC lot
    View details
    2751 Us Hwy 41st N
    MOBILE HOME PARK, TRAILER PARK

    2751 Us Hwy 41st N, Henderson, KY 42420-2095

    $625,000
    Estimated value
    2,190 sqft 9.23 AC lot
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    Adams Ln
    MOBILE HOME PARK, TRAILER PARK

    Adams Ln, Henderson, KY 42420

    $395,000
    Estimated value
    34.57 AC lot
    View details
    20065 Uppr Delaware Rd
    CAMPGROUND, RV PARK

    20065 Uppr Delaware Rd, Henderson, KY 42420-8861

    Value Estimation by Request
    3.62 AC lot
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    6686 Old Corydon Rd, Unit 6588
    MOBILE HOME PARK, TRAILER PARK

    6686 Old Corydon Rd, Henderson, KY 42420-9302

    Unit 6588
    $105,000
    Estimated value
    1,079 sqft 5.00 AC lot
    View details
    625 Us Hwy 41a
    MOBILE HOME PARK, TRAILER PARK

    625 Us Hwy 41a, Henderson, KY 42420-4657

    Value Estimation by Request
    1,008 sqft 4.34 AC lot
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    Adams St
    MOBILE HOME PARK, TRAILER PARK

    Adams St, Henderson, KY 42420

    $275,000
    Estimated value
    39.96 AC lot
    View details
    580 Lovers Ln
    MOBILE HOME PARK, TRAILER PARK

    580 Lovers Ln, Henderson, KY 42420-4610

    Value Estimation by Request
    1,008 sqft 5.01 AC lot
    View details
    15 Lincoln Ave
    Multifamily properties

    15 Lincoln Ave, Henderson, KY 42420

    Value Estimation by Request
    0.67 AC lot
    View details
    222 Shenandoah Pl
    Multifamily properties

    222 Shenandoah Pl, Henderson, KY 42420

    Value Estimation by Request
    View details

    Henderson, KY Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Henderson, KY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 70,954 square feet of properties for sale, with an estimated market value of $260,000.

    Sale prices for multifamily properties in Henderson, KY average $130,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 5
    Duplexes 2

    Demographics Overview

    Population 38K
    Population Growth (5Y) +0.1%
    Median Household Income $56,661
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

    Identify Henderson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    42420 $130K

    Taxes & Financing

    Tax Rate (average for all types) 7.96%
    Property Tax per SF $25.01 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Henderson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Henderson fall within the 25,000 to 50,000 square foot range.

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