Madisonville, KY
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    Madisonville, KY Multifamily Properties for Sale

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    Hanson, KY Earlington, KY Nortonville, KY
    Madisonville Commercial Opportunity on Two Acres
    $579,000
    21,800 SF

    Madisonville Commercial Opportunity on Two Acres

    123 Waddill, Madisonville, KY 42431

    Two-acre property ideal for residential or professional use.

    • 2‑acre lot suitable for residential or commercial development (with permits).
    • Existing updated professional offices ready for immediate rental income.
    • Large rooms within the former school building ideal for studio apartments or offices.
    • Ample parking available.
    • Asbestos has been professionally removed from the school area.
    Updated: Mar 6
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    Versatile Madisonville Property: Development Potential
    $579,000
    21,800 SF

    Versatile Madisonville Property: Development Potential

    123 Waddill, Madisonville, KY 42431

    Two-acre property suitable for residential, office, or apartments.

    • 2 acres of land with potential for residential or commercial development with a conditional use permit.
    • Updated professional offices (2‑4) ready for immediate rental income or conversion to apartments.
    • Vacant lots included offer numerous building possibilities.
    • Large rooms in the main school building suitable for studio apartments or professional offices.
    • Asbestos has been professionally removed from the school building.
    Updated: Jan 24
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    Madisonville Duplex with Leased Units
    $185,000
    1,500 SF

    Madisonville Duplex with Leased Units

    Duplex in Madisonville, KY with existing leases.

    825/827 Independence Dr, Madisonville, KY 42431
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    Madisonville Duplexes For Sale
    $850,000
    812 SF

    Madisonville Duplexes For Sale

    Five duplexes with potential for increased rental income.

    Cindy Drive, Madisonville, KY 42431
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Madisonville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Marion, KY Turn-Key Rental Property
    $559,000
    1,886 SF

    Marion, KY Turn-Key Rental Property

    Turn-key short-term rental and recreational investment opportunity on 35 acres.

    400 Jeff Clements Road, Marion, KY 42064
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    Turn-Key Rental and Recreational Property
    $559,000

    Turn-Key Rental and Recreational Property

    Residential, short-term rental, and recreational investment opportunity on 140 acres.

    400 Jeff Clements Road, Marion, KY 42064
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    Henderson Duplex with Income Potential
    $135,000
    1,807 SF

    Henderson Duplex with Income Potential

    Two-unit duplex in Henderson, Kentucky, with studio and two-bedroom units.

    500 1st Street, Henderson, KY 42420
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    Henderson Triplex Near City Limits
    $279,000
    2,574 SF

    Henderson Triplex Near City Limits

    Three-unit complex with recent updates and full occupancy near Henderson.

    10161 HWY 136 E, Henderson, KY 42420
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    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 Lots Near Lake Barkley
    $40,000
    2.00 Acres

    Wooded Lots Near Lake Barkley

    Wooded half-acre lots near Lake Barkley and Eddy Creek Marina.

    Driftwood Estates Lot 99, 101, 102, 139, Eddyville, KY 42038
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    Grand Rivers Residential Land Lot
    Contact for pricing
    0.79 Acres

    Grand Rivers Residential Land Lot

    Residential lot in Grand Rivers, near Kentucky and Barkley Lakes.

    Lot 59 Doe Run, Grand Rivers, KY 42045
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    Grand Rivers Land Opportunity
    Contact for pricing
    2.84 Acres

    Grand Rivers Land Opportunity

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

    L 41 & 42 Rolling Meadows Rd, Grand Rivers, KY 42045
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    Marshall County Land For Sale
    Contact for pricing
    0.47 Acres

    Marshall County Land For Sale

    0.47 acre lot near KY and Barkley Lakes.

    266 Lone Valley Road, Gilbertsville, KY 42044
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    Off-Market Properties in Madisonville, KY

    Consider similar Off-Market properties in Madisonville, 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.

    165 Scott St

    165 Scott St

    Multifamily properties • 40,000 SF
    Value Estimation by Request
    165 Scott St, Madisonville, KY 42431
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    Madisonville, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Madisonville, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 45,912 square feet of properties for sale, with an estimated market value of $2,193,000.

    Sale prices for multifamily properties in Madisonville, KY start at $185,000, averaging $548,250, 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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    Top Commercial Asset Segments

    Apartment buildings 2
    Duplexes 2

    Demographics Overview

    Population 27K
    Population Growth (5Y) +4.0%
    Median Household Income $57,529
    College Educated 28.7%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    42431 $538.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $16.28 per sq ft
    Average Loan-to-Value 65.0%

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