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    Somerset, KY
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    Somerset, KY Multifamily Properties for Sale

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    19 properties
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    One-Level Brick Quadplex
    Updated: Sep 30
    One-Level Brick Quadplex

    30 Melrose Drive, Somerset, KY 42503

    $629,500
    5,152 sqft 0.32 AC lot
    Four units, each with 1,288 square feet, two bedrooms and two bathrooms
    5,152‑square‑foot building on a 0.32‑acre lot
    Single‑level brick construction, built in 2003
    New shingles; two units have recently installed carpet in bedrooms and living rooms
    High ceilings and tile flooring
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    8-Unit Apartment Building
    Updated: Aug 19
    8-Unit Apartment Building

    105 Loveless Lane, Somerset, KY 42503

    $584,000
    4,860 sqft 0.84 AC lot
    8‑unit apartment building with eight 1‑bedroom, 1‑bath units
    4,860 square feet on 0.839 acres
    Currently occupied property
    Built in 1970
    Electric heating and cooling
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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    143 S Central Avenue, Somerset, KY 42501

    $229,900
    4,032 sqft 0.16 AC lot

    Four residential units feature two-bedroom layouts, full bathrooms, living areas, and window-unit cooling.

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    See hot listings in Somerset

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    4-Unit Brick Quadplex
    4-Unit Brick Quadplex

    30 Melrose Dr, Somerset, KY 42503

    $629,500
    5,152 sqft

    Four residences offer two-bedroom, two-bath layouts with high ceilings and tile flooring.

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    Three-Unit Residential Property
    Three-Unit Residential Property

    208 Auburn Avenue, Somerset, KY 42503

    $344,900
    4,314 sqft 0.35 AC lot

    Three separate residences combine a primary home with two basement apartments and individual electric service for each lower-level unit.

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    Ranch Duplex with Attached Garage
    Ranch Duplex with Attached Garage

    314 Park Avenue, Somerset, KY 42503

    $199,000
    1,500 sqft 0.42 AC lot

    This under-construction property has two bedrooms, two full bathrooms, and a basement with additional flexible rooms.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Newer Two-Story Triplex
    Newer Two-Story Triplex

    194 Fairway Lane, Somerset, KY 42503

    $625,000
    3,600 sqft 0.97 AC lot

    Three occupied rental units offer two bedrooms, 1.5 baths, modern appliances, and washer/dryer hookups.

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    8-Unit Apartment Building
    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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    Two-Story Triplex With Golf Views
    Two-Story Triplex With Golf Views

    192 Fairway Lane, Somerset, KY 42503

    $625,000
    3,600 sqft 0.97 AC lot

    Fully occupied property with three rental units, modern construction, and two bedrooms plus one-and-a-half baths per unit.

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    Duplex with Covered Porches
    Duplex with Covered Porches

    323 Randolph Street, Somerset, KY 42501

    $183,500
    1,000 sqft 0.10 AC lot

    Each residence includes an eat-in kitchen, a side deck, and an attached garage.

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    Quadplex with Detached Garage
    Quadplex with Detached Garage

    126 Crawford Ave, Somerset, KY 42501

    $525,000
    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
    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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    New-Construction Duplex
    New-Construction Duplex

    314 Park Avenue, Somerset, KY 42503

    $199,000
    1,500 sqft 0.42 AC lot

    A finished basement adds flexible space for a potential third bedroom, office, hobbies, or storage.

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    Four-Unit Two-Bedroom Quadplex
    Four-Unit Two-Bedroom Quadplex

    143 S Central Ave, Somerset, KY 42501

    $229,900
    4,032 sqft

    Downtown multifamily property with four residential units and additional rear space identified for a future rental unit.

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    New-Construction Duplex with Vaulted Ceilings
    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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    Commercial Land with Existing Improvements
    Commercial Land with Existing Improvements

    1740 US-27, Somerset, KY 42503

    $1,750,000
    9,989 sqft 2.25 AC lot

    Includes residential rental units, a three-bay garage, and concrete parking with access from two roads.

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    New-Construction Duplex with Garages
    New-Construction Duplex with Garages

    323 Randolph St, Somerset, KY 42501

    $183,500
    1,000 sqft

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

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    New Duplex with Finished Basement
    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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    Secluded Acres with Rental Cabins
    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 19 Active Listings in Somerset, KY, we suggest to view alternatives - similar 53 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.

    235 Somerset Church Rd
    APARTMENT HOUSE (5+ UNITS)

    235 Somerset Church Rd, Somerset, KY 42503-4983

    Estimated value:
    $260,000
    4,752 sqft 0.73 AC lot
    View details
    206 Jarvis Ave
    APARTMENT HOUSE (5+ UNITS)

    206 Jarvis Ave, Somerset, KY 42501-1884

    Estimated value:
    $265,000
    4,348 sqft
    View details
    1750 Cedar Grv Rd
    APARTMENT HOUSE (5+ UNITS)

    1750 Cedar Grv Rd, Somerset, KY 42501-5027

    Estimated value:
    $250,000
    5,956 sqft 0.45 AC lot
    View details
    100 Neighborly Way
    APARTMENT HOUSE (5+ UNITS)

    100 Neighborly Way, Somerset, KY 42503-6147

    Estimated value:
    $265,000
    6.02 AC lot
    View details
    510 Mt Vernon St
    APARTMENT HOUSE (5+ UNITS)

    510 Mt Vernon St, Somerset, KY 42501-1342

    Estimated value:
    $140,000
    7,183 sqft 0.26 AC lot
    View details

    Somerset, KY Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Somerset, KY, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 65,083 square feet of properties for sale, with an estimated market value of $8,566,900.

    Sale prices for multifamily properties in Somerset, KY start at $183,500, averaging $475,938, 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

    Duplexes 6
    Quadplexes 5
    Triplexes 3
    Apartment buildings 2
    Short term rental properties 2

    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 $314K
    42503 $573.9K

    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 Residential Income pricing trends in Pulaski County

    Residential Income

    How Realmo verifies these figures

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