Russell Springs, KY
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    Russell Springs, KY Multifamily Properties for Sale

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    Jamestown, KY Glens Fork, KY Dunnville, KY
    Three-Unit Residential Income Property
    $649,900
    4,800 SF
    Three-Unit Residential Income Property

    98X3 Hwy. 1611, Russell Springs, KY 42642

    Three newly built homes offer multiple-bedroom flexibility for residential or short-term rental operations near Lake Cumberland.
    • Three brand‑new homes built in 2024, each with 4 bedrooms and 3 bathrooms
    • Each home offers 1,600 sq ft of living space
    • Heat pump heating and cooling plus propane utilities
    • Shingle roof
    • One unit is furnished
    Updated: Jun 16, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Russell Springs, 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.

    Jamestown Duplex Near Lake Cumberland
    $440,000
    3,226 SF
    Jamestown Duplex Near Lake Cumberland

    Duplex with two units, close to Lake Cumberland.

    412-414 Murphy Lane, Jamestown, KY 42629

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    Unrestricted Acres Near Beaver Creek
    $2,200,000
    133.00 Acres
    Unrestricted Acres Near Beaver Creek

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

    8600 KY-92, Monticello, KY 42633

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    Commercial Building in Jamestown, KY
    $169,900
    0.25 Acres
    Commercial Building in Jamestown, KY

    Commercial building with options for retail, office, or multifamily use.

    655 N Main Street, Jamestown, KY 42629

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    Highway 92 Investment Opportunity
    $499,000
    Highway 92 Investment Opportunity

    Rental and storage facility near boat ramps and marina.

    1768 E Highway 92, Monticello, KY 42633

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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 Lot Near Lake Cumberland
    Contact for pricing
    0.58 Acres
    Unrestricted Lot Near Lake Cumberland

    Versatile, unrestricted lot near Beaver Creek Marina with utilities available.

    Stearns Hollow Road lot: 1 Phase 2, Monticello, KY 42633

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    Unrestricted Land Near Lake Cumberland
    Contact for pricing
    0.58 Acres
    Unrestricted Land Near Lake Cumberland

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

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

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    Unrestricted Lot Near Lake Cumberland
    Contact for pricing
    0.58 Acres
    Unrestricted Lot Near Lake Cumberland

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

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

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    Unrestricted Lot Near Lake Cumberland
    Contact for pricing
    0.58 Acres
    Unrestricted Lot Near Lake Cumberland

    Unrestricted lot near Beaver Creek Marina with lake access.

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

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    Off-Market Properties in Russell Springs, KY

    Consider similar Off-Market properties in Russell Springs, 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.

    5681 Ky-76
    Multifamily properties
    Value Estimation by Request

    5681 Ky-76, Russell Springs, KY 42642

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    Russell Springs, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Russell Springs, KY on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $649,900.

    Sale prices for multifamily properties in Russell Springs, KY start at $649,900, averaging $649,900, and reaching up to $649,900 — 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

    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +4.3%
    Median Household Income $54,100
    College Educated 23.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    42642 $649.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $20.18 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Russell County

    New Delisted

    Total CRE Inventory on Market (SF)

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