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    Madisonville, KY
    Triplex

    Madisonville, KY Triplexes for Sale

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    Furnished Triplex With Updated Interiors
    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
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    Triplex With Separate Utilities
    Updated: Aug 25
    Triplex With Separate Utilities

    168 W Jagoe St., Madisonville, KY 42431

    $119,900
    3,327 sqft 0.10 AC lot
    3,327‑square‑foot triplex on a 0.1‑acre lot
    Three units with separate utilities
    Two of the 3 units currently rented
    New metal roof among recent improvements
    Storage space and enclosed deck
    View details
    See hot listings in Madisonville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Madisonville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Triplex
    Two-Story Triplex

    500 E Franklin Street, Evansville, IN 47711

    $135,000
    2,538 sqft 0.11 AC lot

    Three one-bedroom units with separate utilities for most services and central air conditioning.

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    Historic Triplex with Unit Mix
    Historic Triplex with Unit Mix

    2103 S Virginia Street, Hopkinsville, KY 42240

    $295,000
    2,931 sqft 0.76 AC lot

    Three-unit property offering flexible short-term and long-term rental use in Hopkinsville.

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    Historic Triplex with Short-Term Rental Use
    Historic Triplex with Short-Term Rental Use

    2103 S Virginia Street, Hopkinsville, KY 42240

    $295,000
    2,931 sqft 0.76 AC lot

    Three-unit residential property with a documented short-term rental operating history and a mix of one- and two-bedroom units.

    View details
    Three-Unit Triplex
    Three-Unit Triplex

    500 E Franklin Street, Evansville, IN 47711

    $135,000
    2,538 sqft

    Income property with three one-bedroom residences and partially separated utility services.

    View details

    Madisonville, KY Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Madisonville, KY on our real estate platform. These investment opportunities span a total of 6,273 square feet of properties for sale, with an estimated market value of $375,800.

    Sale prices for three-family homes in Madisonville, KY start at $119,900, averaging $187,900, and reaching up to $255,900 — 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

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

    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 $187.9K

    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)

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    Popular Searches in Madisonville, KY

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    Most Searched ZIP Codes in Madisonville, KY

    • 42431

    Featured Madisonville Real Estate Agencies

    Realmo connects you with licensed Madisonville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Heritage Homes Real Estate
    843 Hanson St Madisonville, KY 42431
    Phone: 12708259090
    www.heritagehomesrealestate.com

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