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Street View
$229,500
Monthly Est:$1,142
6 Beds
6 Baths6 full baths
2,700sqft
623 N 20th Street, Middlesboro, KY 40965
$229,500
$1,142/moEst:
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Quadruplex
Built in 1946
$-- HOA
0.35 acre lot
$85/sq.ft
Description
Excellent investment opportunity with a strong ~9% cap rate at asking price! This unique 4-unit property offers incredible versatility-perfect as a pure cash-flowing asset or an ideal opportunity to live in one unit while renting out the other three. The property consists of four fully occupied units: a main multi-family building featuring one 2-bedroom unit and two 1-bedroom units, plus a detached, standalone 2-bedroom, 2-bathroom manufactured home. All units have been historically well-maintained, feature newer appliances, and have received numerous updates and improvements over the years. Currently rented at stable, conservative rates, this property offers an immediate return on investment with substantial upside potential to increase rents to market value. A formidable long term opportunity.
- Houzeo last checked: 2 hours ago
- Listing updated: June 17, 2026 at 4:55 pm
- Listing Provided by: Derek Eisenberg (877) 996-5728 | Continental Real Estate Group (877) 996-5728
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26013646
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1946
HOA Fees
-
Finished Area
2,700 sqft
Lot Size
0.35 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26013646
MLS Status
Active
Days on Market
139
Cumulative Days on Market
9
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Heating
Forced Air, Heat Pump, Space Heater
Cooling
Ceiling Fan(s), Central Air, Wall Unit(s)
Construction
Year Built
Year Built: 1946
Home type
Quadruplex
Roof
Composition
Utilities & Energy
Laundry Features
Main Level
Utilities
Cable Connected, Electricity Connected
Parking Features
On Site
Other Features
Subdivision Name
City Limits
Price History
| Date | Event | Price |
|---|---|---|
06/12/2026 Source: | Listed for Sale | $229,500 $85/sqft |
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Based on information from the IMAGINE MLS® through Oct 29, 2026, 02:15PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
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