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    Russell Springs, KY
    Multifamily

    Russell Springs, KY Multifamily Properties for Sale

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    Jamestown, KY Columbia, KY Dunnville, KY Nancy, KY Windsor, KY Jabez, KY Monticello, KY Liberty, KY
    Three-Home Short-Term Rental Property
    Updated: Jun 16, 2025
    Three-Home Short-Term Rental Property

    98X3 Hwy. 1611, Russell Springs, KY 42642

    $649,900
    4,800 sqft 0.30 AC lot
    Three homes built in 2024
    Each home has 4 bedrooms, 3 bathrooms, and 1,600 square feet
    Combined property size of 4,800 Square Feet
    One home is furnished
    Located near Lake Cumberland Marina and several additional boat ramps
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    Barn-Style Wedding Venue
    Updated: May 30, 2025
    Barn-Style Wedding Venue

    6863 E Highway 80, Russell Springs, KY 42642

    $2,000,000
    19,736 sqft 30.00 AC lot
    30‑acre wedding venue estate near Lake Cumberland
    Barn‑style event structure with high ceilings and timber beams
    Multiple studio apartments for guest lodging or private suites
    Commercial kitchen and buffet room for catered events
    Onsite hair salon and storage with décor, seating, and event furnishings
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

    11-Unit Apartment Property
    11-Unit Apartment Property

    11 Dalton Lane, Somerset, KY 42503

    $499,900
    2.06 AC lot

    Multifamily property with varied unit sizes on acreage near a local boat ramp.

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    11-Unit Apartment Building
    11-Unit Apartment Building

    11 Dalton Lane, Somerset, KY 42503

    $499,900
    1,000 sqft 2.06 AC lot

    Apartment property with heat-pump heating and cooling near a local boat ramp.

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    Waterfront Land with Marina Adjacency
    Waterfront Land with Marina Adjacency

    8600 W Highway 92, Monticello, KY 42633

    $2,200,000

    Unrestricted waterfront acreage includes a mobile home park, cabins, a residence, and additional land surrounding Beaver Creek Marina.

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    Waterfront Land with Existing Improvements
    Waterfront Land with Existing Improvements

    8600 KY-92, Monticello, KY 42633

    $2,200,000
    133.00 AC lot

    Large waterfront tract with a mobile home park, cabins, a residence, and additional vacant acreage.

    View details

    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.

    Residential Land in Lake Ridge
    Residential Land in Lake Ridge

    32 Dockery Road, Russell Springs, KY 42642

    Contact for pricing
    1.08 AC lot

    1.076 acre lot in upcoming Russell Springs subdivision.

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    Residential Land in Lake Ridge
    Residential Land in Lake Ridge

    34 Dockery Road, Russell Springs, KY 42642

    Contact for pricing
    1.45 AC lot

    1.4471 acre lot in Russell Springs, Kentucky.

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    Land in Lake Ridge Estates
    Land in Lake Ridge Estates

    30 Piper Road, Russell Springs, KY 42642

    Contact for pricing
    0.98 AC lot

    0.9845 acre lot in Russell Springs, Kentucky.

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    Residential Land in Lake Ridge
    Residential Land in Lake Ridge

    29 Piper Road, Russell Springs, KY 42642

    Contact for pricing
    0.81 AC lot

    0.81-acre lot in upcoming Russell Springs subdivision.

    View details

    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

    5681 Ky-76, Russell Springs, KY 42642

    Estimated value:
    by Request
    View details

    Russell Springs, KY Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Russell Springs, KY on our real estate platform. These investment opportunities span a total of 24,536 square feet of properties for sale, with an estimated market value of $2,649,900.

    Sale prices for multifamily properties in Russell Springs, KY start at $649,900, averaging $1,324,950, and reaching up to $2,000,000 — 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

    Short term rental properties 2

    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 $1.3M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Russell County

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    Residential Income

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