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About This Home

This 9-bedroom, 6-bathroom residential multi family at 11 Midland Meadows Drive in Somerset, KY is listed for $598,000 ($142 per sqft). Built in 2025, the home offers 4,224 sqft of living space on a 1.42 acres lot.

Agent Description

Turnkey, income-producing triplex built in 2025 and ideally located just off Highway 27 in Somerset. Positioned in a high-demand rental corridor near grocery stores, retail, dining, schools, and major employers. Each unit offers 3 bedrooms and 2 full baths with an open living and kitchen layout, stainless steel appliances, and first-floor washer and dryer hookups.

All three units are currently leased, providing immediate cash flow. Situated on 1.42 acres, this property was intentionally developed for scalability. Major infrastructure is already in place, including: Sewer and water installation Private road construction Large paved parking area Commercial mailbox system with capacity for up to 16 units Dumpst

er enclosure walls The site offers space for two additional dwellings, allowing the next owner to increase density and cash flow without repeating major development costs. Excellent visibility and accessibility near Hwy 27, yet tucked into an established residential area. Income today. Expansion tomorrow. Owner is a Kentucky licensed real estate agent.

Key Features

  • Built in 2025
  • 1.42 acre lot

Property Details

6 full
2025

Amenities

A/C

Monthly Cost Estimate

$3,198/mo

20% down · 6.5% · 30 years

Principal$432
Interest$2,591
Insurance$174

Estimates only. Actual payments may vary.

Location

11 Midland Meadows Drive

Somerset, KY 42503

Rural

Property Details

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 9-bedroom, 6-bathroom residential multi family at 11 Midland Meadows Drive is listed at $598,000 ($142/sqft). The estimated monthly payment is $2,591 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 1.42 acre lot.

This property is listed by Jordan Adkins and can be reached at 4235391511 or soldbuyjordan@gmail.com.

JA

Jordan Adkins

Agent at High Point Realty & Auction

(423) 539-1511

Listed by High Point Realty & Auction · View on Broker Site

MLS# 26008877· Source: listhub· Updated 110 days ago

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11 Midland Meadows Drive, Somerset, KY 42503

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