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623 N 20th St

Middlesboro, KY 40965
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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 opport unity.

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Detail Ic Property Details

Property Type : Single Family

Price : $229,500

AD Id : 87054985

MLS Id : 159795

Year Built : --

Garage : 0.00

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Minimum Price

$22,222

Average Price

$352,503

Maximum Price

$2,500,000

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ByOwner last updated this listing 09/11/2026 @ 00:12

Property ID: 159795 SOURCE: MLS2U-ForSale

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