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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Owensboro, KY

$ 139,900
ROI
34.1
Cash Flow/m
560- 4 Bed
- 2 Bath
- 1872 sft
1324 Venable Ave, Owensboro, KY, 42301

Currently Rented
$ 169,900
ROI
38.6
Cash Flow/m
891- 3 Bed
- 3 Bath
- 1856 sft
331 Crittenden St, Owensboro, KY, 42303

$ 131,100
ROI
38.1
Cash Flow/m
670- 3 Bed
- 2 Bath
- 1373 sft
266 Lakewood Dr, Owensboro, KY, 42301

$ 115,800
ROI
40.9
Cash Flow/m
682- - Bed
- - Bath
- 2410 sft
607 Saint Ann St, Owensboro, KY, 42303
Why Invest in Owensboro, Kentucky?
Multi-family properties in Owensboro, KY offer strong investment potential with steady appreciation and reliable rental demand. Home values have risen 3-7% annually, supporting solid cap rates around 7-8%. Average rents hold firm while renter occupancy exceeds 35%, bolstered by local job growth. Low entry prices compared to state averages make scaling portfolios feasible. Stable market dynamics favor long-term cash flow and equity buildup.
8.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Owensboro offers affordable entry points with 5%+ appreciation and 7% cap rates. Strong renter demand from local jobs ensures steady cash flow. Market stability reduces volatility risks.
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