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.
Sold for $425,000 on 02/14/25
$425,000
502 College Ave #6, Paducah, KY 42001
8beds
4baths
5,484sqft
Multi Family, Apartment
Built in 1979
-- sqft lot
$454,500 Zestimate®
$77/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 27, 2025 at 12:02pm
Listed by:
Dawn E Arnold 618-638-5682,
Arnold Realty Group
Bought with:
Dawn E Arnold
Arnold Realty Group
Source: RMLS Alliance,MLS#: EB456884
Originating MLS: Egyptian Board of REALTORS

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 & neighborhood
Location
- Region: Paducah
- Subdivision: None