623 N 20th Street, Middlesboro, KY 40965

$229,500

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BEDS6 BATHS6 full SQUARE FEET2,700 MLS#26013646

STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCity Limits SCHOOLBell County - 87

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Property 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.

623 N 20th Street | MLS# 26013646

This multi-family property located at 623 N 20th Street, Middlesboro, KY 40965 is currently listed for sale with an asking price of $229,500. N 20th Street is located within the Bell County - 87 school district. Search Middlesboro real estate on daniel.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Central Air, Ceiling Fan(s), Wall Unit(s)

Heating: Forced Air, Heat Pump, Space Heater

Lot Size: 0.35 Acres

Roof Type: Composition

Year Built: 1946

Feature Descriptions

Days on Site: 21

Laundry: Main Level

Laundry Features: Main Level

Lot Dimensions: 0.355 acre(s)

Parcel #: 069-34-06-021.00

Parking Notes: On Site

Structure Type: Quadruplex

Utilities: Cable Connected, Electricity Connected

Local Schools

High School: Middlesboro Ind

School District: Bell County - 87

Listed By / Shown By

Listed By

Agency Name: Continental Real Estate Group

Shown By

Agent Name: Daniel Carmack
Agent Phone: (606) 524-7894
Agency Title: SALLIE DAVIDSON, REALTORS

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Estimated Payment

$ 891.38 per month $824.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $66.94 Homeowner's Insurance

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623 N 20th Street, Middlesboro, KY 40965

$229,500

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/03/2026. The listing information on this page last changed on 07/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/03/2026 12:46:53 PM EST) or Imagine MLS (last updated Fri 07/03/2026 12:45:19 PM EST). Real estate listings held by brokerage firms other than SALLIE DAVIDSON, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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