Prime Multi-Family Investment Opportunity - 508 & 512 Winchester Avenue, Middlesboro, KY This exceptional offering presents two adjacent multi-family apartment buildings totaling 13,392 square feet of living area on a combined 1.23 acres of land. Located at 508 Winchester Ave (6,696 sq ft on 0.55 acres) and 512 Winchester Ave (6,696 sq ft on 0.68 acres), these properties provide a rare chance to acquire substantial rental inventory in one convenient location. Built for efficiency and scale, each building offers significant square footage ideal for multiple residential units, making them well-suited for investors seeking strong cash flow potential in the Middlesboro market. The generous lot sizes allow for ample parking, green space, or future expansion opportunities. Situated along Winchester Avenue, the properties benefit from convenient access to local amenities, major thoroughfares, and the broader Middlesboro community. Whether you're an experienced multifamily investor or looking to expand your portfolio, this paired offering represents a solid foundation for long-term rental income and value appreciation.
| MLS # | 26007224 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 164 |
| Listing Provided By | Turn Key Realty | Beth Combs |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 6,696 |
| Acreage | 0.55 |
| Cooling | Electric |
|---|---|
| Heating | Electric |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|---|
| Security Features | Fire Sprinkler System |
| State | KY |
|---|---|
| County | Bell |
| City | Middlesboro |
| Zip Code | 40965 |
| Area | 087 Bell County |
| Subarea | Bell County |
| Community Name | City Limits |
| School District | Bell County |
| High School | Middlesboro Ind |
| Listing VS Median (in City Limits) | |
Price: $960,000 low | high Med: $220,000 sqft: 6,696 low | high Med: 2,270 $ / sqft: $143 low | high Med: $103 On site: 164 low | high Med: 180 | |
| State | KY |
|---|---|
| County | Bell |
| City | Middlesboro |
| Zip Code | 40965 |
| Area | 087 Bell County |
| Subarea | Bell County |
| Community Name | City Limits |
| School District | Bell County |
| High School | Middlesboro Ind |
| Listing VS Median (in City Limits) | |
Price: $960,000 low | high Med: $220,000 sqft: 6,696 low | high Med: 2,270 $ / sqft: $143 low | high Med: $103 On site: 164 low | high Med: 180 | |