Sold for $425,000

$425,000

502 College Ave #6, Paducah, KY 42001

8beds

4baths

5,484sqft

Multi Family, Apartment

Built in 1979

-- sqft lot

$466,800 Zestimate^®

$77/sqft

$1,316 Estimated rent

Home value

$466,800

$401,000 - $541,000

$1,316/mo

Zestimate^® history

Owner options

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$1,316/mo

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$1,316/mo

Rent Zestimate^®

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$2,101/mo

Est. payment

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$2,101/mo

Est. payment

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What's special

Attention Investors! Low-maintenance and well-maintained 6-unit investment property located in the heart of Lone Oak for sale. Each apartmentfeatures 2 bedrooms and 1 bathroom. Five of the six units have been upgraded to LVP or laminate flooring and have been freshly painted withnew tenants. Over the years, the property has seen significant updates, including a new metal roof in 2014 and recent repainting andweatherproofing of the front stairs. Several rents are below market rate. Market rates range from $850-$950 or more for short-term or furnished rentals. Rent roll, pro-forma and financials available.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Cooling

Central Air

Appliances

Included: Water Heater
Laundry: Private

Features

Basement: None

Interior area

Total structure area: 5,484
Total interior livable area: 5,484 sqft

Property

Parking

Total spaces: 12
Parking features: Parking Pad
Has uncovered spaces: Yes

Lot

Size: 0.28 Acres
Dimensions: 78 x 125 x 96 x 122
Features: Level

Details

Parcel number: 0883100033.01

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Aluminum Siding
Roof: Metal

Condition

New construction: No
Year built: 1979

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Paducah

Financial & listing details

Price per square foot: $77/sqft
Annual tax amount: $4,515
Date on market: 2/27/2025
Cumulative days on market: 75 days

Price history

Date	Event	Price
2/14/2025	Sold	$425,000$77/sqft
Source: RMLS Alliance as distributed by MLS GRID #EB456884 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: Massac

Nearby homes

Nearby schools

GreatSchools rating

7/10
Lone Oak Intermediate School
Grades: 4-5Distance: 0.3 mi
9/10
Lone Oak Middle School
Grades: 6-8Distance: 0.9 mi
9/10
McCracken County High School
Grades: 9-12Distance: 4 mi

Schools provided by the listing agent

High: McCracken County

Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.