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    Fully Furnished Triplex Opportunity
    Updated: Jun 22
    Fully Furnished Triplex Opportunity

    118 S Franklin, Madisonville, KY 42431

    $255,900
    2,946 sqft 0.29 AC lot
    3 established rental units currently operating as Airbnb properties on S. Franklin Street
    Unit mix: Unit 1 (2 bed/2 bath), Unit 2 (1 bed/1 bath plus office), Unit 3 (2 bed/1 bath)
    All units include updated living rooms, kitchens, and laundry areas; property comes fully furnished
    New roof and gutters completed in 2025; all three HVAC units are approximately 5 years old
    Deep fenced lot with deck plus storage/outbuildings and a shed for extra space
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    This listing looks promising.

    Here's a quick look at some key insights for

    118 S Franklin, Madisonville, KY 42431

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $285K
      Above asking

    • Property Type

      Single Family Residence
      Built 1924
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    Renovated Residential Income Property
    Updated: Jul 10
    Renovated Residential Income Property

    710 Woodland Avenue, Frankfort, KY 40601

    $594,300
    3,299 sqft 0.16 AC lot
    Currently operated as a short‑term rental (STR) stone Tudor cottage just off US 60 in South Frankfort
    Fully renovated with new HVAC, plumbing, electrical, roof, gutters, and siding
    HVAC updates include new gas furnace and A/C for the basement and 1st floor
    Second‑floor HVAC features new heat pumps; cooling includes zoned and electric heat pump systems
    Cooling/heating systems include zoned heating and multi‑unit configuration; off‑street parking included
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    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    1807 Brownsboro Rd, Louisville, KY 40206

    $1,420,000
    3,264 sqft 0.13 AC lot

    Top-to-bottom renovated mixed-use building with reception, multiple offices, conference space, and four upstairs bedroom suites with private baths.

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    Manufactured Home Portfolio
    Manufactured Home Portfolio

    130 Sheila Cir, Williamsburg, KY 40769

    $300,000
    2,660 sqft 1.21 AC lot

    Three income-producing manufactured homes on combined acreage, positioned near major employment and interstate access for rental-ready operations.

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    Multifamily Rental Portfolio
    Multifamily Rental Portfolio

    10 Captain Lane, Gilbertsville, KY 42044

    $2,600,000
    7,416 sqft 1.70 AC lot

    Turnkey portfolio of six rental units at Moors Resort, offering a mix of 2-4 bedroom layouts near the lake.

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    Income-Producing Property on 2.6 Acres
    Income-Producing Property on 2.6 Acres

    660 Watt Nantz Road, East Bernstadt, KY 40729

    $250,000
    3,120 sqft 2.60 AC lot

    Established short-term rental property with expansion potential on 2.6 acres.

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    Triplex with Detached Cabin
    Triplex with Detached Cabin

    157 Lakeshore Drive, Eddyville, KY 42038

    $699,500
    4,080 sqft 1.00 AC lot

    Three separate living quarters with bedrooms and bathrooms on each level, plus a detached cabin above the garage.

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    Residential Farm, 2 Story - Mammoth Cave, KY
    Residential Farm, 2 Story - Mammoth Cave, KY

    1870 Brier Creek Rd, Mammoth Cave, KY 42259

    $234,900
    1,586 sqft 0.50 AC lot

    Furnished 3-bedroom home near Nolin Lake and Mammoth Cave.

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    Three-Home Private Estate Retreat
    Three-Home Private Estate Retreat

    376, 378, 384 Shugars Hill Road, Liberty, KY 42539

    $999,000
    4,460 sqft 34.00 AC lot

    Three cabin-style residences on a private, wooded setting, including two income-producing AirBnB units and optional furnished sale.

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    Waterfront Land with Guest House
    Waterfront Land with Guest House

    378 Little Oaks Lane, Murray, KY 42071

    $2,150,000
    2.88 AC lot

    Engineered waterfront estate lot with reinforced shoreline, a covered dock, and an on-site guest house configured for short-term rentals.

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    Danville Historic Mixed-Use Property
    Danville Historic Mixed-Use Property

    303 W Main St, Danville, KY 40422

    $875,000
    5,700 sqft

    Three-story commercial property with restaurant, banquet room, and apartment.

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    Historic Triplex With Three Units
    Historic Triplex With Three Units

    2103 S Virginia Street, Hopkinsville, KY 42240

    $319,000
    2,931 sqft 0.76 AC lot

    Three rental units—two 1BR/1BA and one 2BR/1BA—in a historic multi-unit property.

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    Mountain Cabin Retreat with Side-By-Sides
    Mountain Cabin Retreat with Side-By-Sides

    192 Gum Gap Road, Manchester, KY 40962

    $950,000
    1,984 sqft 60.00 AC lot

    For sale mountain property includes three fully furnished, handicapped-accessible cabins in a secluded, park-like setting.

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    Mixed-Use Gem in Downtown Lexington
    Mixed-Use Gem in Downtown Lexington

    144 North Broadway, Lexington, KY 40507

    $6,500,000
    18,032 sqft

    Four-story mixed-use building in the heart of downtown Lexington.

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    Three-Cabin Short-Term Rental Property
    Three-Cabin Short-Term Rental Property

    1922 Star Gap Road, Stanton, KY 40380

    $625,000
    1,400 sqft 2.34 AC lot

    Three income-generating cabins on 2.34 acres with direct Red River access and an additional build site.

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    Three-Unit Rental Property
    Three-Unit Rental Property

    2103 S Virginia, Hopkinsville, KY 42240

    $319,000
    2,931 sqft 0.76 AC lot

    Triplex configured as two one-bedroom units and one two-bedroom unit, currently operated as short-term rental.

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    Turnkey Airbnb Investment Opportunity
    Turnkey Airbnb Investment Opportunity

    611 Finzer Street, Louisville, KY 40203

    $250,000
    1,387 sqft

    Fully furnished short-term rental property with strong income potential.

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    Renovated Triplex with Off-Street Parking
    Renovated Triplex with Off-Street Parking

    116 S 5th St, Danville, KY 40422

    $355,000
    2,686 sqft 0.11 AC lot

    Completely renovated three-unit ranch-style building with off-street parking behind the property.

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    Historic Triplex with Three Units
    Historic Triplex with Three Units

    2103 S Virginia, Hopkinsville, KY 42240

    $319,000
    2,931 sqft

    Triplex configured as two one-bedroom and one two-bedroom unit, suited for flexible tenant use.

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    Waterfront Rental Lodge Property
    Waterfront Rental Lodge Property

    400 Jeff Clements, Marion, KY 42064

    $559,000
    2,000 sqft 40.00 AC lot

    Turn-key lodge and second home on approximately 40 private acres with a stocked pond, dock with power, and electric garage.

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    Turn-Key Triplex with Street Retail
    Turn-Key Triplex with Street Retail

    112 & 114 Main Street, Augusta, KY 41002

    $425,000

    Converted 1800s log cabin triplex with street-facing commercial space and two apartments, furnished and refreshed for STR use.

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    Turnkey Short-Term Rental Compound
    Turnkey Short-Term Rental Compound

    5931 KY-15, Pine Ridge, KY 41360

    $650,000
    3,000 sqft 10.00 AC lot

    Turnkey property with a duplex and cabin, plus barn and ponds, suited for short-term rental hosting.

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    Nulu Mixed-Use Income Property
    Nulu Mixed-Use Income Property

    827 E Market St, Louisville, KY 40206

    $2,500,000
    5,109 sqft

    Income-producing property with commercial tenant and two AirBnB units.

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    Modern Duplex with Private Outdoor Space
    Modern Duplex with Private Outdoor Space

    903 Franklin St, Louisville, KY 40206

    $349,000
    1,742 sqft 0.10 AC lot

    Renovated 2023 duplex with two 1-bedroom units, flexible office space, and off-street parking.

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    Kentucky Short Term Rental Properties Market Trends and Statistics

    Explore 64 short term rental properties for sale in Kentucky, showcased through 64 active listings on our real estate platform. These investment opportunities span a total of 881,371 square feet of properties for sale, with an estimated market value of $29,888,300.

    Sale prices for short term rental properties in Kentucky start at $79,900, averaging $747,207, and reaching up to $6,500,000 — 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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