About This Home

This 0-bedroom, 0-bathroom residential multi family at 123 Waddill in Madisonville, KY is listed for $530,000 ($24 per sqft). Built in 1920, the home offers 21,800 sqft of living space on a 2.00 acres lot.

Key Features

  • Built in 1920
  • 2.00 acre lot

Property Details

1920

Amenities

A/C
Listing Description

Investor Opportunity! W/ 2 acres of ground. Perfect for residential with a condition use permit as well as professional office building/venue or conference room for meetings. 2 to 4 Professional offices have been updated can be rented now or can be converted to apartments.

Room to build all around! Vacant lots included have numerous possibilities. The main part of the school has been emptied and broom cleaned. Only one room needs ceiling and floor repair. The rest of the rooms are huge and could be studio apartments or professional offices with lots of parking!

Such a great opportunity and part of the work has already been done! Offices could be started ASAP. Offices are 40 x 26 in sizes. In the school area, any asbestos has been removed and removed correctly. Separately is one lot fronting N. Franklin Ave., Dr. that does not have the medical profession restrictions that this property has. Call Cindy for your private tour!

Monthly Cost Estimate

$2,835/mo

20% down · 6.5% · 30 years

Principal$383
Interest$2,297
Insurance$155

Estimates only. Actual payments may vary.

Location

123 Waddill

Madisonville, KY 42431

Features & Amenities

Interior Features

Handicap AccessSecurity System

Property Details

Construction

Brick

Heating

Forced AirHot Water(Heating)Natural Gas

Cooling

ElectricCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 123 Waddill is listed at $530,000 ($24/sqft). The estimated monthly payment is $2,835 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 2.00 acre lot. Interior Features: Handicap Access, Security System.

This property is listed by Cindy McKenzie.

CM

Cindy McKenzie

Agent at COLDWELL BANKER-TERRY and ASSOCIATES

Listed by COLDWELL BANKER-TERRY and ASSOCIATES · Broker phone: (270) 821-3131 · View on Broker Site · Broker website

MLS# 116634· Source: Madisonville-Hopkins County Board of Realtors· 654 days on PropertySimple

Copyright © 2026 Madisonville-Hopkins County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 Waddill, Madisonville, KY 42431

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