Somerset, KY Multifamily Properties for Sale

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21 properties

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Updated: Aug 19

8-Unit Apartment Building

105 Loveless Lane, Somerset, KY 42503

$584,000

4,860 sqft 0.84 AC lot

8 occupied apartment units
Each unit includes 1 bedroom and 1 bathroom
4,860 square feet on 0.839 acres
Electric heating and cooling
Built in 1970

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Updated: Jun 18

Three-Unit Residential Property

208 Auburn Avenue, Somerset, KY 42503

$344,900

4,314 sqft 0.35 AC lot

Three rental units in one 4,314‑square‑foot property
Main level includes approximately 2,157 square feet, 3 bedrooms, and 2 full bathrooms
Walk‑out basement divided into a 2‑bedroom, 1‑bath apartment and a 1‑bedroom, 1‑bath apartment
Each basement apartment has its own electric service
0.345‑acre lot with ample parking

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Ranch Duplex with Finished Basement

314 Park Avenue, Somerset, KY 42503

$199,000

1,500 sqft 0.42 AC lot

Brand-new duplex under construction with two bedrooms, two full baths, and a finished basement layout with flexible rooms.

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8-Unit Apartment Building

105 Loveless Ln, Somerset, KY 42503

$584,000

4,860 sqft

Occupied apartment property with eight one-bedroom, one-bath units.

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New Triplex Investment Opportunity

192 Fairway Lane, Somerset, KY 42503

$625,000

3,600 sqft 0.97 AC lot

Turnkey triplex built in 2023 with income potential.

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New Triplex Investment Opportunity

194 Fairway Lane, Somerset, KY 42503

$625,000

3,600 sqft 0.97 AC lot

New construction triplex with income potential in Somerset, Kentucky.

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Duplex with Vaulted Ceilings

323 Randolph Street, Somerset, KY 42501

$183,500

1,000 sqft 0.10 AC lot

Two-bedroom duplex homes feature attached garages, granite kitchens, covered porches, and a quiet setting beside an open field.

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Quadplex with Detached Garage

126 Crawford Ave, Somerset, KY 42501

$550,000

3,456 sqft 1.00 AC lot

Renovated primary residence with three additional apartments, multiple kitchens, and substantial outdoor space across two lots.

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Furnished Riverfront Short-Term Rental

125 Dogwood Drive, Somerset, KY 42501

$497,500

3,436 sqft 0.71 AC lot

Updated recreational-area home with turnkey furnishings and direct access to boating and other outdoor activities.

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Duplex with Finished Basement

314 Park Avenue, Somerset, KY 42503

$199,000

1,500 sqft 0.42 AC lot

Under-construction ranch duplex with two bedrooms, two full baths, and a finished basement slated for pre-closing completion.

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New Construction Duplex

314 Park Ave, Somerset, KY 42503

$199,000

1,500 sqft

Two-bedroom, two-bath layout includes a finished basement plan, attached garage, and flexible bonus space.

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New-Construction Duplex with Vaulted Ceilings

323 Randolph Street, Somerset, KY 42501

$348,700

2,100 sqft 0.20 AC lot

Two-bedroom residences include garages, porches, and outdoor living areas beside an open field.

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Quadplex with Rear Garage Space

143 S Central Avenue, Somerset, KY 42501

$269,900

4,032 sqft 0.16 AC lot

Four-unit quadplex with two bedrooms and one full bathroom per unit, plus rear garage area for an additional rental unit.

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New Duplex with Finished Basement

314 Park Ave Unit A, Somerset, KY 42503

$199,000

1,500 sqft

Two-bedroom, two-bath duplex with an attached garage and flexible lower-level rooms.

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11-Unit Multifamily Property

11 Dalton Lane, Somerset, KY 42503

$499,900

2.06 AC lot

The property offers varied unit configurations with heat-pump heating and cooling throughout.

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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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New-Construction Duplex with Garages

323 Randolph St, Somerset, KY 42501

$348,700

2,100 sqft

Two-bedroom units feature vaulted ceilings, covered porches, side decks, and custom kitchens with granite countertops.

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Multifunction Development Land with Pond

4777 W Hwy 80, Somerset, KY 42503

$349,000

12.30 AC lot

Land with an on-site pond, utilities, and an RV park setup, offered with subdivision flexibility.

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Two-Bedroom Quadplex

143 S Central Ave, Somerset, KY 42501

$269,900

4,032 sqft

Four residential units offer consistent two-bedroom layouts with full bathrooms and generous living areas.

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Commercial Land With Highway Frontage

1740 US-27, Somerset, KY 42503

$1,750,000

9,989 sqft 2.25 AC lot

Commercial land with dual access, existing rental units, a three-bay garage, and substantial concrete parking improvements.

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Secluded Acres with Rental Cabins

265 LOST LODGE RD, Somerset, KY 42501

Contact for pricing

12.50 AC lot

Established property with cabins and RV pads on 12.5 acres.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Somerset, KY, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

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.

APARTMENT HOUSE (5+ UNITS)

235 Somerset Church Rd, Somerset, KY 42503-4983

$260,000

Estimated value

4,752 sqft 0.73 AC lot

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APARTMENT HOUSE (5+ UNITS)

206 Jarvis Ave, Somerset, KY 42501-1884

$265,000

Estimated value

4,348 sqft

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APARTMENT HOUSE (5+ UNITS)

1750 Cedar Grv Rd, Somerset, KY 42501-5027

$250,000

Estimated value

5,956 sqft 0.45 AC lot

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Somerset, KY Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Somerset, KY, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 58,379 square feet of properties for sale, with an estimated market value of $9,125,900.

Sale prices for multifamily properties in Somerset, KY start at $183,500, averaging $456,295, and reaching up to $1,750,000 — 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

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 average listing prices of real estate assets

Neighborhood	Average Price
42501	$352.6K
42503	$512.1K

Listings Trend

New vs delisted commercial listings in Pulaski County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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