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    Monticello, KY
    Multifamily

    Monticello, KY Multifamily Properties for Sale

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    Ritner, KY Nancy, KY Jabez, KY Albany, KY Russell Springs, KY Bronston, KY Jamestown, KY Burnside, KY
    Two-Building Commercial Property with Parking
    Updated: Apr 29
    Two-Building Commercial Property with Parking

    540 N Main Street, Monticello, KY 42633

    $299,000
    2,734 sqft 0.80 AC lot
    Commercial property on Main Street in Monticello with two buildings and multiple ingress/egress points (Building 1).
    Building 1 has 6 units: 5 converted apartments (1 bed/1 bath) plus 1 office with large common room, storage closets, and a bathroom.
    Building 1 includes electric heating and electric cooling; apartments use electric utilities (landlord pays electric and water for Building 1 except Unit 1).
    Building 2 in the rear includes an office and bathroom, a 36x30 footprint, and a large parking lot.
    Building 2 is leased to an automotive repair shop; tenant pays electric and water for Building 2.
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    Prime Land Near Medical Center
    Updated: Sep 16, 2025
    Prime Land Near Medical Center

    180 Gregory Street, Monticello, KY 42633

    $75,000
    2.20 AC lot
    Prime location directly across from Monticello Medical Center and Wayne County Hospital.
    Exceptional visibility due to Highway 90 frontage.
    Cleared 2.2‑acre tract ready for development.
    Suitable for commercial business, medical offices, or apartment development.
    Level front portion for easy access and buildability.
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    Unrestricted Acres Near Beaver Creek
    Unrestricted Acres Near Beaver Creek

    8600 KY-92, Monticello, KY 42633

    $2,200,000
    133.00 AC lot

    133+/- acres with income potential near Beaver Creek Marina.

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    Highway 92 Investment Opportunity
    Highway 92 Investment Opportunity

    1768 E Highway 92, Monticello, KY 42633

    $499,000

    Rental and storage facility near boat ramps and marina.

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    Monticello, KY Investment Opportunity
    Monticello, KY Investment Opportunity

    1768 W Kentucky 92, Monticello, KY 42633

    $499,000
    1.00 AC lot

    Rental and storage facility near boat ramps and Beaver Creek Marina.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 5 Active listings in Monticello, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    98X3 Hwy. 1611, Russell Springs, KY 42642

    $649,900
    4,800 sqft 0.30 AC lot

    Three newly built homes offer multiple-bedroom flexibility for residential or short-term rental operations near Lake Cumberland.

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    Somerset Multifamily Investment Opportunity
    Somerset Multifamily Investment Opportunity

    11 Dalton Lane, Somerset, KY 42503

    $499,900
    1,000 sqft 2.06 AC lot

    Multifamily property with 11 units near local boatramp.

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    Somerset Multifamily Investment Opportunity
    Somerset Multifamily Investment Opportunity

    11 Dalton Lane, Somerset, KY 42503

    $499,900
    2.06 AC lot

    Thriving multi-family property with 11 units near local boatramp.

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    RV Resort Storage Lot with Overhang
    RV Resort Storage Lot with Overhang

    193 Highway 1383 LOT W9, Russell Springs, KY 42642

    $92,500
    0.10 AC lot

    Lot W-9 includes a covered overhang and enclosed storage in an RV resort setting with HOA-managed amenities.

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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.

    Unrestricted Land Near Lake Cumberland
    Unrestricted Land Near Lake Cumberland

    Stearns Hollow Road lot: 4 Phase 2, Monticello, KY 42633

    Contact for pricing
    0.58 AC lot

    Unrestricted lot near Lake Cumberland, ideal for recreation or investment.

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    Unrestricted Lot Near Lake Cumberland
    Unrestricted Lot Near Lake Cumberland

    Stearns Hollow Road lot: 5 Phase 2, Monticello, KY 42633

    Contact for pricing
    0.58 AC lot

    Unrestricted lot near Lake Cumberland, ideal for recreation or investment.

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    Unrestricted Lot Near Lake Cumberland
    Unrestricted Lot Near Lake Cumberland

    Stearns Hollow Road lot: 6 Phase 2, Monticello, KY 42633

    Contact for pricing
    0.58 AC lot

    Unrestricted lot near Beaver Creek Marina with lake access.

    View details
    Unrestricted Lot Near Lake Cumberland
    Unrestricted Lot Near Lake Cumberland

    Stearns Hollow Road lot: 7 Phase 2, Monticello, KY 42633

    Contact for pricing
    0.58 AC lot

    Versatile lot near Beaver Creek Marina with utilities available.

    View details

    Off-Market Properties in Monticello, KY

    Consider similar Off-Market properties in Monticello, 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.

    295 Main St, Unit 202
    HIGH-RISE APARTMENTS

    295 Main St, Monticello, KY 42633-1585

    Unit 202
    Value Estimation by Request
    4,760 sqft
    View details
    776 Michigan Ave
    HIGH-RISE APARTMENTS

    776 Michigan Ave, Monticello, KY 42633-2736

    Value Estimation by Request
    2,312 sqft 0.42 AC lot
    View details
    45 Morris Hl Rd
    BOARDING/ROOMING HOUSE

    45 Morris Hl Rd, Monticello, KY 42633-6100

    Value Estimation by Request
    3,060 sqft 2.22 AC lot
    View details
    360 Michigan Ave
    BOARDING/ROOMING HOUSE

    360 Michigan Ave, Monticello, KY 42633-1100

    Value Estimation by Request
    2,568 sqft 0.57 AC lot
    View details
    242 Crawford St
    HIGH-RISE APARTMENTS

    242 Crawford St, Monticello, KY 42633-1347

    Value Estimation by Request
    5,720 sqft
    View details
    115 Cornerstone Dr
    BOARDING/ROOMING HOUSE

    115 Cornerstone Dr, Monticello, KY 42633-1198

    Value Estimation by Request
    2,298 sqft 0.31 AC lot
    View details

    Monticello, KY Multifamily Properties Market Trends and Statistics

    Explore 11 multifamily properties for sale in Monticello, KY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 2,734 square feet of properties for sale, with an estimated market value of $3,572,000.

    Sale prices for multifamily properties in Monticello, KY start at $75,000, averaging $714,400, and reaching up to $2,200,000 — 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 2
    Mobile home & RV parks 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) -6.5%
    Median Household Income $42,500
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    42633 $818.3K

    Taxes & Financing

    Tax Rate (average for all types) 0.94%
    Property Tax per SF $13.00 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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