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    Somerset, KY Multifamily Properties for Sale

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    Ferguson, KY Bronston, KY Science Hill, KY
    9 results
    New Triplex Investment Opportunity
    $625,000
    3,600 SF

    New Triplex Investment Opportunity

    192 Fairway Lane, Somerset, KY 42503

    Turnkey triplex built in 2023 with income potential.

    • New construction (2023) triplex in a desirable Somerset location.
    • Turnkey investment opportunity with three fully occupied units.
    • Immediate income potential due to below‑market rents.
    • Low‑maintenance ownership with newer appliances and modern construction.
    • Convenient location near highways, downtown, schools, shopping, dining, and the hospital.
    Updated: May 4
    View details
    New Triplex Investment Opportunity
    $625,000
    3,600 SF

    New Triplex Investment Opportunity

    194 Fairway Lane, Somerset, KY 42503

    New construction triplex with income potential in Somerset, Kentucky.

    • Turnkey Investment: Built in 2023, this fully occupied triplex requires minimal upkeep.
    • Income Potential: Below‑market rents offer immediate opportunity for increased cash flow.
    • Prime Location: Desirable Somerset location, less than 1 mile from highways, downtown, schools, shopping, dining, and hospital.
    • Modern Units: Each unit features 2 bedrooms, 1.5 baths, newer appliances, and washer/dryer hookups.
    • Flexible Use: Ideal for investors or owner‑occupants seeking rental income.
    Updated: May 4
    View details
    Luxury Townhome Investment Opportunity
    $338,700
    2,100 SF

    Luxury Townhome Investment Opportunity

    New construction townhomes with luxury finishes and long-term value.

    323 Randolph Street, Somerset, KY 42501
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    Somerset Multifamily Investment Opportunity
    $499,900
    1,000 SF

    Somerset Multifamily Investment Opportunity

    Multifamily property with 11 units near local boatramp.

    11 Dalton Lane, Somerset, KY 42503
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    Somerset Multifamily Investment Opportunity
    $499,900
    2.06 Acres

    Somerset Multifamily Investment Opportunity

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

    11 Dalton Lane, Somerset, KY 42503
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    Turnkey Triplex in Somerset, KY
    $598,000
    4,224 SF

    Turnkey Triplex in Somerset, KY

    Income-producing triplex with expansion potential on 1.42 acres.

    11 Midland Meadows Drive, Somerset, KY 42503
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    New Duplex in Northern Somerset
    $389,000
    0.75 Acres

    New Duplex in Northern Somerset

    New duplex with open floor plan, garages, porches, and decks.

    384 Norwood Road, Somerset, KY 42503
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    Secluded Acres with Rental Cabins
    $1,450,000
    12.50 Acres

    Secluded Acres with Rental Cabins

    Established property with cabins and RV pads on 12.5 acres.

    265 LOST LODGE RD, Somerset, KY 42501
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    Somerset, KY Building Lot
    $149,900
    0.85 Acres

    Somerset, KY Building Lot

    Ideal corner lot for apartments or professional building near hospital.

    117 Todd Street, Somerset, KY 42503
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Somerset, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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
    View details
    Jamestown Multi-Unit For Sale
    $161,450
    4,896 SF

    Jamestown Multi-Unit For Sale

    Multifamily property in Jamestown, KY, featuring 4896 square feet.

    130 Cumberland Ave.., Jamestown, KY 42629
    View details
    Monticello, KY Investment Opportunity
    $499,000
    1.00 Acre

    Monticello, KY Investment Opportunity

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

    1768 W Kentucky 92, Monticello, KY 42633
    View details
    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
    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.

    Unrestricted Land in Somerset, KY
    $499,900
    25.84 Acres

    Unrestricted Land in Somerset, KY

    25 unrestricted acres with pond, ideal for development or farming.

    1245 Bridge Hollow Road, Somerset, KY 42503
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    Land Near Lake Cumberland
    $75,000
    3.04 Acres

    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oaks Dr, Nancy, KY 42544
    View details
    Land Near Lake Cumberland
    $75,000
    3.04 Acres

    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oak, Nancy, KY 42544
    View details
    Land Near Garland Bend Boat
    Contact for pricing
    0.98 Acres

    Land Near Garland Bend Boat

    Five lots totaling nearly an acre in Garland Bend Subdivision.

    68 Colonel Drive, Burnside, KY 42519
    View details

    Off-Market Properties in Somerset, KY

    Consider similar Off-Market properties in Somerset, 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.

    235 Somerset Church Rd
    APARTMENT HOUSE (5+ UNITS)
    4,752 SF Lot: 0.73 Acres
    Value Estimation by Request

    235 Somerset Church Rd, Somerset, KY 42503-4983

    View details
    206 Jarvis Ave
    APARTMENT HOUSE (5+ UNITS)
    4,348 SF
    Value Estimation by Request

    206 Jarvis Ave, Somerset, KY 42501-1884

    View details
    1750 Cedar Grv Rd
    APARTMENT HOUSE (5+ UNITS)
    5,956 SF Lot: 0.45 Acres
    Value Estimation by Request

    1750 Cedar Grv Rd, Somerset, KY 42501-5027

    View details
    100 Neighborly Way
    APARTMENT HOUSE (5+ UNITS)
    Lot: 6.02 Acres
    Value Estimation by Request

    100 Neighborly Way, Somerset, KY 42503-6147

    View details
    510 Mt Vernon St
    APARTMENT HOUSE (5+ UNITS)
    7,183 SF Lot: 0.26 Acres
    Value Estimation by Request

    510 Mt Vernon St, Somerset, KY 42501-1342

    View details
    1532 Hwy 27
    BOARDING/ROOMING HOUSE
    8,500 SF Lot: 1.83 Acres
    Value Estimation by Request

    1532 Hwy 27, Somerset, KY 42501-2918

    View details
    17 Weyland Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.23 Acres
    Value Estimation by Request

    17 Weyland Dr, Somerset, KY 42503-8013

    View details
    Sycamore St
    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request

    Sycamore St, Somerset, KY 42501

    View details
    119 Speedway Dr
    APARTMENT HOUSE (5+ UNITS)
    6,240 SF
    Value Estimation by Request

    119 Speedway Dr, Somerset, KY 42503-1559

    View details
    175 Shopville Rd
    APARTMENT HOUSE (5+ UNITS)
    780 SF
    Value Estimation by Request

    175 Shopville Rd, Somerset, KY 42503-5411

    View details
    102 Sallee St
    APARTMENT HOUSE (5+ UNITS)
    4,608 SF
    Value Estimation by Request

    102 Sallee St, Somerset, KY 42501-7300

    View details
    350 Pumphouse Rd
    APARTMENT HOUSE (5+ UNITS)
    9,823 SF Lot: 1.97 Acres
    Value Estimation by Request

    350 Pumphouse Rd, Somerset, KY 42503-4973

    View details
    110 Pettus Pt
    APARTMENT HOUSE (5+ UNITS)
    6,480 SF
    Value Estimation by Request

    110 Pettus Pt, Somerset, KY 42501-1184

    View details
    200 Pearl Dr
    APARTMENT HOUSE (5+ UNITS)
    14,634 SF Lot: 2.16 Acres
    Value Estimation by Request

    200 Pearl Dr, Somerset, KY 42503-4823

    View details
    132 Pearl Dr
    APARTMENT HOUSE (5+ UNITS)
    3,306 SF Lot: 0.71 Acres
    Value Estimation by Request

    132 Pearl Dr, Somerset, KY 42503-4867

    View details

    Somerset, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Somerset, KY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 14,524 square feet of properties for sale, with an estimated market value of $2,686,600.

    Sale prices for multifamily properties in Somerset, KY start at $338,700, averaging $537,320, and reaching up to $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 3
    Triplexes 3
    Duplexes 2
    Mobile home & RV parks 1

    Demographics Overview

    Population 43K
    Population Growth (5Y) +4.0%
    Median Household Income $51,787
    College Educated 19.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    42503 $483.8K
    42501 $894.4K

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    Most Searched ZIP Codes in Somerset, KY

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