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Sold for $425,000
  • $425,000

    502 College Ave, Paducah, KY 42001

    12beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $472,400 Zestimate®
    $--/sqft
    $1,356 Estimated rent

    Home value

    $472,400

    $406,000 - $548,000

    $1,356/mo

    Zestimate® history
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    What's special

    New metal roof
    Attention Investors! Low-maintenance And Well-maintained 6-unit Investment Property Located In The Heart Of Lone Oak For Sale. Each Apartment Features 2 Bedrooms And 1 Bathroom. Five Of The Six Units Have Been Upgraded To Lvp Or Laminate Flooring And Have Been Freshly Painted With New Tenants. Over The Years, The Property Has Seen Significant Updates, Including A New Metal Roof In 2014 And Recent Repainting And Weatherproofing 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Arnold 618-638-5682,

    Arnold Realty Group,

    Amanda Johnson 270-994-5321,

    Arnold Realty Group

    Bought with:

    Dawn Arnold, 218391

    Arnold Realty Group

    Source: WKRMLS,MLS#: 129254Originating MLS: Paducah

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Appliances
    • Included: Dishwasher, Oven/Range, Refrigerator
    Features
    • Basement: None
    • Has fireplace: No

    Property

    Features
    • Levels: Two
    Lot
    • Size: 0.28 Acres
    • Features: County

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Dimensional Shingle

    Utilities & green energy

    • Water: Paducah Water Works

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Paducah

    Financial & listing details

    • Date on market: 10/17/2024
    • Total actual rent: 4750

    Price history

    DateEventPrice
    2/14/2025Sold$425,000-10.5%
    Source: WKRMLS #129254 Report a problem
    12/29/2024Pending sale$475,000
    Source: WKRMLS #129254 Report a problem
    12/20/2024Price change$475,000-5%
    Source: WKRMLS #129254 Report a problem
    10/17/2024Listed for sale$500,000
    Source: WKRMLS #129254 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Massac

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lone Oak
    • Middle: Lone Oak Middle
    • High: McCracken Co. HS

    Source: WKRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.