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Listed price in listed location currency (USD).
$4,500,000

000

MLS® 26029797

Overview

Key Facts

Type Business
Levels Business Opportunity
Size 20568 sqft
Garage 
Taxes 
Days Active 1
Lot Size 4.57 Acres
Approx. Age 1970
Avg. Price Per Sqft $218
MLS® Number 26029797

Property Address: 2150 Irvin Cobb Dr, Paducah, KY, 42003-2120

Average square foot calculated using Size range provided by listing agent.

Description

Southside Square Apartments | Paducah, Kentucky Exceptional Investment Opportunity in Paducah's Southside! Southside Square Apartments presents an outstanding investment opportunity in Paducah's Southside, offering a completely renovated multifamily property with additional commercial potential. Renovated in 2025, this 38-unit apartment complex features 27 one-bedroom apartments averaging approximately 850 square feet and 11 two-bedroom apartments averaging approximately 1, 050 square feet. Each unit is individually metered and showcases granite countertops, stainless steel appliances, and luxury vinyl plank flooring. Situated on 4.6 acres, the property offers room for future expansion and an impressive 276 feet of road frontage, providing excellent visibility, accessibility, and signage opportunities. Located in Paducah's Southside, the property benefits from access to established residential neighborhoods, local businesses, and the amenities and services of the greater Paducah area. Adding even more value is a separate commercial building lot measuring just under 6, 000 square feet, with utilities available for hookup. This additional opportunity is ideal for a restaurant, coffee shop, or other complementary business, offering the potential to capitalize on passing traffic and serve the surrounding community. Day-to-day operations are supported by an on-site maintenance person who handles repair requests, apartment turns, and unit cleanouts, providing a practical operational advantage for ownership. With 38 renovated apartment units, substantial acreage, excellent road frontage, and additional commercial development potential, Southside Square Apartments offers investors an opportunity to acquire a versatile income-producing property with room to grow in Paducah, Kentucky.
MLS® Number26029797
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
Basement
Driveway
Garage Spaces
HeatElectric, Ductless
A/CDuctless, Electric, Wall Unit(s)

Extras

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