Madisonville, KY Residential Income Properties for Sale

List

Map

Hanson, KY Earlington, KY Mortons Gap, KY Dawson Springs, KY Nortonville, KY Bremen, KY Saint Charles, KY Graham, KY

7 properties

Sort:

Updated: Jul 27

Historic Short-Term Rental Property

231 S Main Street, Madisonville, KY 42431

$625,000

4,534 sqft 0.72 AC lot

Short‑term rental and event venue in downtown Madisonville
4534 square feet on 0.72 acres
11 bedrooms with private baths
4.95‑star Airbnb rating
Third‑floor apartment for owner or manager use

View details

Updated: Jun 22

Furnished Triplex With Updated Interiors

118 S Franklin, Madisonville, KY 42431

$255,900

2,946 sqft 0.29 AC lot

Three established Airbnb rental units in a single triplex
2,946‑square‑foot, two‑story brick property built in 1924
Unit mix includes 2BR/2BA, 1BR/1BA with office, and 2BR/1BA
Each unit is furnished and includes updated kitchens and laundry areas
New roof and gutters installed in 2025; three HVAC units approximately 5 years old

View details

Triplex With Separate Utilities

168 W Jagoe St., Madisonville, KY 42431

$119,900

3,327 sqft 0.10 AC lot

Three-unit property with two units currently rented and additional storage space.

View details

See what stands out in Hopkins County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Mobile Home and RV Park Portfolio

Coleman, Madisonville, KY 42431

$965,000

1.78 AC lot

Three-park portfolio with park-owned homes and rented lots.

View details

Brick Duplex

825/827 Independence Dr, Madisonville, KY 42431

$160,000

1,500 sqft 0.36 AC lot

Two residential units with central air, electric ranges, and refrigerators.

View details

Residential Land with Two Rental Houses

208/300 McLeod Ln., Madisonville, KY 42431

$350,000

32.52 AC lot

Over 32 acres with two rental houses in Madisonville, KY, offering multiple ways to use or hold the property.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Five-Duplex Multifamily Property

Cindy Drive, Madisonville, KY 42431

$745,000

812 sqft 2.67 AC lot

Five one-story brick duplexes with central air and recent remodeling across most units.

View details

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 7 Active listings in Madisonville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Industrial Property with Residential Income

242 Beech Creek Rd, Beech Creek, KY 42321

$299,000

7,180 sqft 6.00 AC lot

Industrial buildings and residential units generating monthly rental income.

View details

27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

17,000 sqft

Renovated multifamily property with coin-operated laundry and updated PTAC systems serving a fully occupied apartment community.

View details

Industrial Property with Multiple Buildings

242 Beech Creek Road, Beech Creek, KY 42321

$299,000

6.12 AC lot

Steel-framed improvements include insulated work buildings, three-phase power, and a vehicle service pit.

View details

27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

1.90 AC lot

Renovated apartment community with coin laundry, updated PTAC systems, and full occupancy.

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 Madisonville, KY

Pebble Creek Dr., Madisonville, KY 42431

$448,000

12.90 AC lot

12.9 acre residential land ideal for development.

View details

Land on I-69, Hanson, KY

Kettle Lane, Hanson, KY 42413

$421,850

7.67 AC lot

Ideal location for apartment or condominium complex with utilities on-site.

View details

Residential Lots in Hanson, KY

Kettle Lane, Hanson, KY 42413

Contact for pricing

0.25 AC lot

Ready-to-build residential lots with utilities and easy access.

View details

Residential Lots Ready to Build

Kettle Lane, Hanson, KY 42413

Contact for pricing

0.17 AC lot

Residential lots in Hanson with utilities and easy access.

View details

Off-Market Properties in Madisonville, KY

Consider similar Off-Market properties in Madisonville, 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.

Multifamily properties

165 Scott St, Madisonville, KY 42431

Estimated value:

by Request

40,000 sqft

View details

Land

000 Homewood Dr, Madisonville, KY 42431

Estimated value:

by Request

48.00 AC lot

View details

Madisonville, KY Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Madisonville, KY, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 13,119 square feet of properties for sale, with an estimated market value of $3,220,800.

Sale prices for residential income properties in Madisonville, KY start at $119,900, averaging $460,114, and reaching up to $965,000 — 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

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 27K

Population Growth (5Y) +4.0%

Median Household Income $57,529

College Educated 28.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
42431	$460.1K

Taxes & Financing

Tax Rate (average for all types) 1.01%

Property Tax per SF $16.28 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hopkins County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings