Madisonville, KY Residential income properties for sale

$185,000

1,500 SF

Duplex with Mixed Lease Terms

825/827 Independence Dr, Madisonville, KY 42431

Two-unit duplex in Madisonville offers one month-to-month tenant and one tenant under a year lease signed 9/30/25.

Two units with current leases: one at $500 and one at $775
Lease terms: one unit month‑to‑month; the other has a year lease signed 9/30/25
1‑story brick construction with a metal roof, built in 1977
Central air conditioning (electric) with mini‑blinds
Appliances include an electric range and refrigerator

Updated: Jan 15

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$850,000

812 SF

Duplex Multi-Unit Portfolio

Cindy Drive, Madisonville, KY 42431

Five duplexes generate current income with owner-paid water, with metering planned for each unit upon an acceptable offer.

5 duplex property with current annual rent of $85,500
Rents range from $700–$775 per month
Owner currently pays water; with an acceptable offer, seller will install individual water meters for each duplex
Most units have been remodeled in the past few years
1‑story brick construction with central air and electric cooling

Updated: Jan 15

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$350,000

32.52 Acres

Residential Land with Two Rental Houses

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

208/300 McLeod Ln., Madisonville, KY 42431

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 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.

$375,000

3,000 SF

Mixed-Use Property in Central City

Commercial and residential income property in Central City, Kentucky.

615 S 2nd Street, Central City, KY 42330

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$179,900

5,000 SF

Retail Storefront with Apartment

Storefront with display windows, back rooms, storage, and an upstairs one-bedroom apartment with a separate main-street entrance.

7101 E St. Rt. 56, Sebree, KY 42455

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$1,200,000

1.90 Acres

Renovated 27-Unit Apartment Building

Renovated multifamily with coin laundry and many PTAC units; tenants pay electric while owner covers water and sewer.

1213 W Reservoir Avenue, Central City, KY 42330

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$195,000

4.00 Acres

Manufactured Home and Lot Site Park

A manufactured home and lot site community with four homes and four sites, off the highway in Sebree, KY.

66 E Washington St, Sebree, KY 42455

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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.

$448,000

12.90 Acres

Residential Land in Madisonville, KY

12.9 acre residential land ideal for development.

Pebble Creek Dr., Madisonville, KY 42431

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$421,850

7.67 Acres

Land on I-69, Hanson, KY

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

Kettle Lane, Hanson, KY 42413

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Contact for pricing

0.25 Acres

Residential Lots in Hanson, KY

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

Kettle Lane, Hanson, KY 42413

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Contact for pricing

0.17 Acres

Residential Lots Ready to Build

Residential lots in Hanson with utilities and easy access.

Kettle Lane, Hanson, KY 42413

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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

40,000 SF

Value Estimation by Request

165 Scott St, Madisonville, KY 42431

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Land

Lot: 48.00 Acres

Value Estimation by Request

000 Homewood Dr, Madisonville, KY 42431

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Madisonville, KY Residential Income Properties Investment Opportunities Market Analysis

Explore 5 residential income properties for sale in Madisonville, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,312 square feet of properties for sale, with an estimated market value of $1,035,000.

Sale prices for residential income properties in Madisonville, KY start at $185,000, averaging $517,500, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
42431	$508.6K

Neighborhood

Average Price

42431

$508.6K