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

$99,900
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
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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2 active listings match your search: For sale in Madisonville, KY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Triplex with Updated Units
Triplex with Updated Units

507 Saint Ann St., Owensboro, KY 42303

$189,900
2,505 sqft

The property combines two two-bedroom apartments with a studio, with renovations completed in the upstairs apartment and studio.

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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.

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Three-Unit Apartment Property
Three-Unit Apartment Property

711 Locust St, Owensboro, KY 42301

$112,000
2,838 sqft

Multifamily property with separate apartment units, private outdoor areas, and convenient access to downtown Owensboro.

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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 $355,800.

Sale prices for three-family homes in Madisonville, KY start at $99,900, averaging $177,900, 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 $177.9K

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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