$229,500
623 N 20th Street, Middlesboro, KY 40965
- 2,700
- sqft
- 0.36
- acres
- Quadruplex
- Property type
- 1946
- Year built
- 0.36 acres
- Lot size
- $85
- Price / sq ft
Showing MLS 26013646 only. Other listings’ history has not been attached.
Listing 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.
Listed by Continental Real Estate Group · propertyinquiry@continentalrealestate.com
MLS #26013646 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Quadruplex
- Year built
- Built in 1946
- Lot size
- 0.36-acre lot
- Price / sq ft
- $85 / sq ft
Interior
- 6 bedrooms
- 6 bathrooms
Property
- Quadruplex
- 2,700 sq ft
- 0.36-acre lot
Construction
- Built in 1946
- Composition
- Heating: Forced Air, Heat Pump, Space Heater
- Cooling: Central Air, Ceiling Fan(s), Wall Unit(s)
Show all home details
Exterior & parking
- Roof
- Composition
- Parking features
- On Site
Utilities & comfort
- Heating
- Forced Air, Heat Pump, Space Heater
- Cooling
- Central Air, Ceiling Fan(s), Wall Unit(s)
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- On Site
This Listing’s Timeline
| Date | Event | Price |
|---|---|---|
| Jun 12, 2026 | Listed for sale | $229,500 |
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$1,463/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $1,191
- Taxes
- $205
- Other costs
- $67
- $229,500
- Home price
- 20% · $45,900
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $1,191
- Estimated property taxes
- $205
- Home insurance
- $67
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $1,191
- Estimated property taxes
- $205
- Home insurance
- $67
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
- —
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Middlesboro Ind
High School
Performance data is not available.
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty