Residential Income

Russell Springs, KY Residential Income Properties for Sale

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Jamestown, KY Columbia, KY Dunnville, KY Nancy, KY Jabez, KY Windsor, KY Monticello, KY Knifley, KY
Zoned Commercial Flex Property
Updated: Mar 28
Zoned Commercial Flex Property

286 E Steve Wariner Drive, Russell Springs, KY 42642

$359,900
1,800 sqft 0.75 AC lot
Brick exterior with aluminum siding and shingle roof; built in 1964
Flexible setup: currently used as a residence but zoned commercial for multiple business uses
Interior includes 3 bedrooms, 2 bathrooms, living room, eat‑in kitchen, and a spacious family/recreation room
Unfinished basement offers additional storage and potential for expansion
16 x 24 treated wood deck and private backyard space
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Three-Unit Residential Income Property
Updated: Jun 16, 2025
Three-Unit Residential Income Property

98X3 Hwy. 1611, Russell Springs, KY 42642

$649,900
4,800 sqft 0.30 AC lot
Three brand‑new homes built in 2024, each with 4 bedrooms and 3 bathrooms
Each home offers 1,600 sq ft of living space
Heat pump heating and cooling plus propane utilities
Shingle roof
One unit is furnished
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RV Resort Lot with Covered Storage
RV Resort Lot with Covered Storage

193 Highway 1383 LOT W9, Russell Springs, KY 42642

$89,900
0.10 AC lot

RV resort lot zoned R-1 with covered overhang and enclosed storage plus golf cart and waverunner storage.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Russell Springs, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Apartment Building Portfolio with 11 Units
Apartment Building Portfolio with 11 Units

11 Dalton Lane, Somerset, KY 42503

$499,900
1,000 sqft 2.06 AC lot

Heat pump heating and cooling serve a multi-unit apartment portfolio with 11 units in Somerset.

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Multifunction Development Land with Pond
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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Highway 92 Investment Opportunity
Highway 92 Investment Opportunity

1768 E Highway 92, Monticello, KY 42633

$499,000

Rental and storage facility near boat ramps and marina.

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Unrestricted Acres Near Beaver Creek
Unrestricted Acres Near Beaver Creek

8600 KY-92, Monticello, KY 42633

$2,200,000
133.00 AC lot

133+/- acres with income potential near Beaver Creek Marina.

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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.

Land in Lake Ridge Estates
Land in Lake Ridge Estates

30 Piper Road, Russell Springs, KY 42642

Contact for pricing
0.98 AC lot

0.9845 acre lot in Russell Springs, Kentucky.

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Residential Land in Lake Ridge
Residential Land in Lake Ridge

34 Dockery Road, Russell Springs, KY 42642

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1.45 AC lot

1.4471 acre lot in Russell Springs, Kentucky.

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Residential Land in Lake Ridge
Residential Land in Lake Ridge

32 Dockery Road, Russell Springs, KY 42642

Contact for pricing
1.08 AC lot

1.076 acre lot in upcoming Russell Springs subdivision.

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Residential Land in Lake Ridge
Residential Land in Lake Ridge

29 Piper Road, Russell Springs, KY 42642

Contact for pricing
0.81 AC lot

0.81-acre lot in upcoming Russell Springs subdivision.

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Off-Market Properties in Russell Springs, KY

Consider similar Off-Market properties in Russell Springs, 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.

5681 Ky-76
Multifamily properties

5681 Ky-76, Russell Springs, KY 42642

Value Estimation by Request
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Russell Springs, KY Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Russell Springs, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,600 square feet of properties for sale, with an estimated market value of $1,099,700.

Sale prices for residential income properties in Russell Springs, KY start at $89,900, averaging $366,566, and reaching up to $649,900 — 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

Multifamily properties 2
Mobile home & RV parks 1
Short term rental properties 1
Single family properties 1
Triplexes 1

Demographics Overview

Population 13K
Population Growth (5Y) +4.3%
Median Household Income $54,100
College Educated 23.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
42642 $366.6K

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $20.18 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Russell County

New Delisted

Total CRE Inventory on Market (SF)

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