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    Hopkins County, KY Multifamily Properties for Sale

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    Fully Furnished Triplex Opportunity
    Updated: Jun 22
    Fully Furnished Triplex Opportunity

    118 S Franklin, Madisonville, KY 42431

    $255,900
    2,946 sqft 0.29 AC lot
    3 established rental units currently operating as Airbnb properties on S. Franklin Street
    Unit mix: Unit 1 (2 bed/2 bath), Unit 2 (1 bed/1 bath plus office), Unit 3 (2 bed/1 bath)
    All units include updated living rooms, kitchens, and laundry areas; property comes fully furnished
    New roof and gutters completed in 2025; all three HVAC units are approximately 5 years old
    Deep fenced lot with deck plus storage/outbuildings and a shed for extra space
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    This listing looks promising.

    Here's a quick look at some key insights for

    118 S Franklin, Madisonville, KY 42431

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $285K
      Above asking

    • Property Type

      Single Family Residence
      Built 1924
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    Historic Event & Short-Term Rental Property
    Updated: Jul 27
    Historic Event & Short-Term Rental Property

    231 S Main Street, Madisonville, KY 42431

    $625,000
    4,534 sqft 0.72 AC lot
    Built in 1909, fully operational short‑term rental and event venue in downtown Madisonville
    11 bedrooms, each with a private bath, plus in‑room microwaves and mini‑refrigerators
    Recent upgrades include new roof, updated HVAC systems, and new plumbing & electrical
    ADA accessibility improvements plus a complete third‑floor apartment for an owner or manager
    Sold fully furnished, including antique furniture, linens, and kitchenware
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    Duplex with Mixed Lease Terms
    Duplex with Mixed Lease Terms

    825/827 Independence Dr, Madisonville, KY 42431

    $185,000
    1,500 sqft 0.36 AC lot

    Two-unit duplex in Madisonville offers one month-to-month tenant and one tenant under a year lease signed 9/30/25.

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    Permitted Trailer Park Site
    Permitted Trailer Park Site

    50 Floyd St, Madisonville, KY 42431

    $75,000
    4,000 sqft 0.50 AC lot

    Approved for eight mobile home spaces with existing infrastructure on a small parcel within Madisonville city limits.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Remodeled Duplex Portfolio
    Remodeled Duplex Portfolio

    Cindy Drive, Madisonville, KY 42431

    $850,000
    812 sqft 2.67 AC lot

    Five duplexes with remodels in recent years and current annual rent of $85,500.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 5 Active listings in Hopkins County, KY, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Residential Lots in Driftwood Estates
    Wooded Residential Lots in Driftwood Estates

    Driftwood Estates Lot 99, 101, 102, 139, Eddyville, KY 42038

    $40,000
    2.00 AC lot

    Four wooded half-acre lots in Driftwood Estates, offering a flexible setting for camper, mobile home, or home construction.

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    Lake Proximity Residential Acreage
    Lake Proximity Residential Acreage

    Edgar Drive lot: 95 & 96, Cadiz, KY 42211

    Contact for pricing
    1.00 AC lot

    One-acre residential lot near Lake Barkley in Cadiz, Kentucky.

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    Grand Rivers Land Opportunity
    Grand Rivers Land Opportunity

    L 41 & 42 Rolling Meadows Rd lot: 41 & 42, Grand Rivers, KY 42045

    Contact for pricing
    2.84 AC lot

    2.84 acres near I-24 and lakes in Grand Rivers.

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    Marshall County Land For Sale
    Marshall County Land For Sale

    266 Lone Valley Road, Gilbertsville, KY 42044

    Contact for pricing
    0.47 AC lot

    0.47 acre lot near KY and Barkley Lakes.

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    Off-Market Properties in Hopkins County, KY

    Consider similar Off-Market properties in Hopkins County, 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.

    200 Munn
    HIGH-RISE APARTMENTS

    200 Munn, Dawson Springs, KY 42408

    Value Estimation by Request
    0.31 AC lot
    View details
    165 Scott St
    Multifamily properties

    165 Scott St, Madisonville, KY 42431

    Value Estimation by Request
    40,000 sqft
    View details
    9095 Nebo Rd
    BOARDING/ROOMING HOUSE

    9095 Nebo Rd, Nebo, KY 42441-9794

    Value Estimation by Request
    6.55 AC lot
    View details

    Hopkins County, KY Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Hopkins County, KY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,792 square feet of properties for sale, with an estimated market value of $1,990,900.

    Sale prices for multifamily properties in Hopkins County, KY start at $75,000, averaging $398,180, and reaching up to $850,000 — 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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