Madisonville, KY Multifamily properties for sale

Updated: Jul 27

Historic Short-Term Rental Property

231 S Main Street, Madisonville, KY 42431

$625,000

4,534 sqft 0.72 AC lot

Short‑term rental and event venue in downtown Madisonville
4534 square feet on 0.72 acres
11 bedrooms with private baths
4.95‑star Airbnb rating
Third‑floor apartment for owner or manager use

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Updated: Jun 22

Furnished Triplex With Updated Interiors

118 S Franklin, Madisonville, KY 42431

$255,900

2,946 sqft 0.29 AC lot

Three established Airbnb rental units in a single triplex
2,946‑square‑foot, two‑story brick property built in 1924
Unit mix includes 2BR/2BA, 1BR/1BA with office, and 2BR/1BA
Each unit is furnished and includes updated kitchens and laundry areas
New roof and gutters installed in 2025; three HVAC units approximately 5 years old

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Mobile Home and RV Park Portfolio

Coleman, Madisonville, KY 42431

$965,000

1.78 AC lot

Three-park portfolio with park-owned homes and rented lots.

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See hot listings in Madisonville

Scored against comparables nationwide. These are worth a look.

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Triplex With Separate Utilities

168 W Jagoe St., Madisonville, KY 42431

$99,900

3,327 sqft 0.10 AC lot

Three-unit property with two units currently rented and additional storage space.

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Based on your search, we've compiled 9 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

Opportunities in Nearby Cities

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

Two-Unit Duplex Property

228 Hillside Terrace, Hopkinsville, KY 42240

$199,900

1,400 sqft 0.31 AC lot

Two residential units offer two bedrooms and one bathroom each, with natural gas heat and central air conditioning.

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Two-Unit Duplex

228 Hillside Ter Unit A & B, Hopkinsville, KY 42240

$199,900

1,400 sqft

Established duplex with matching residential layouts and owner-occupant or rental use potential.

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27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

17,000 sqft

Renovated multifamily property with coin-operated laundry and updated PTAC systems serving a fully occupied apartment community.

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27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

1.90 AC lot

Renovated apartment community with coin laundry, updated PTAC systems, and full occupancy.

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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.

Multifamily properties

165 Scott St, Madisonville, KY 42431

Estimated value: by Request

40,000 sqft

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Madisonville, KY Multifamily Properties Market Trends and Statistics

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 10,807 square feet of properties for sale, with an estimated market value of $1,945,800.

Sale prices for multifamily properties in Madisonville, KY start at $99,900, averaging $486,450, and reaching up to $965,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
42431	$491.5K

Neighborhood

Average Price

42431

$491.5K