# 118 S Franklin, Madisonville, KY 42431

> **TL;DR:** 14bd/0ba multi-family, $255,900 ($87/sqft), built 1924, 2,946 sqft.
> A/C. Est. $1,369/mo. Listed 133 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $255,900 |
| Price/sqft | $87 |
| Bedrooms | 14 |
| Square Feet | 2,946 |
| Year Built | 1924 |
| Lot Size | 12,632 sqft (0.29 acres) |
| Property Type | Multi-Family (Triplex) |
| Status | Active |
| Days on Market | 133 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,294 |
| Estimated Insurance | $75 |
| **Total** | **$1,369** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1924
- 0.29 acre lot

## Description

### Agent Description
Turnkey multi-family investment opportunity on S. Franklin Street in Madisonville, just a short walk to downtown shops, restaurants, and local attractions. This unique property features 3 established rental units currently operating as Airbnb properties. Unit 1 offers 2 bedrooms and 2 baths, Unit 2 features 1 bedroom, 1 bath, plus an office, and Unit 3 includes 2 bedrooms and 1 bath. Each unit has updated living rooms, kitchens, and laundry areas and comes fully furnished, including linens and kitchenware, making it truly turnkey. Situated on a deep fenced lot, the property also includes a storage building for additional space. Major updates include a new roof and gutters in 2025, with all three HVAC units approximately 5 years old. A rare opportunity to own a fully operational income-producing property near downtown Madisonville.

## Location

- **Address:** 118 S Franklin, Madisonville, KY 42431
- **County:** Hopkins
- **Neighborhood:** Comer Hills Sub
- **Coordinates:** 37.326157, -87.497017
- **Google Maps:** https://www.google.com/maps?q=37.326157,-87.497017

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/118-S-Franklin-Madisonville-KY-42431/unbranded

## Listing Agent

- **Name:** Sara Spencer
- **Brokerage:** Haven Realty, LLC
- **Broker Phone:** 2708711514
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/118-S-Franklin-St_Madisonville_KY_42431_M94900-31588?f=listhub&s=MHCBRKY&m=121980&c=propsimple)

## Photos

![118 S Franklin - Photo 1](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2893546465r.jpg)

![118 S Franklin - Photo 2](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2447381464r.jpg)

![118 S Franklin - Photo 3](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1793982442r.jpg)

![118 S Franklin - Photo 4](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2447381464r.jpg)

![118 S Franklin - Photo 5](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f96955710r.jpg)

![118 S Franklin - Photo 6](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1900949665r.jpg)

![118 S Franklin - Photo 7](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1678489998r.jpg)

![118 S Franklin - Photo 8](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2407622640r.jpg)

![118 S Franklin - Photo 9](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1497341768r.jpg)

![118 S Franklin - Photo 10](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2493425091r.jpg)

![118 S Franklin - Photo 11](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f593898132r.jpg)

![118 S Franklin - Photo 12](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1365111280r.jpg)

![118 S Franklin - Photo 13](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1886759299r.jpg)

![118 S Franklin - Photo 14](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f601710318r.jpg)

![118 S Franklin - Photo 15](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2988127456r.jpg)

![118 S Franklin - Photo 16](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f220245504r.jpg)

![118 S Franklin - Photo 17](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1436937393r.jpg)

![118 S Franklin - Photo 18](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2679257438r.jpg)

![118 S Franklin - Photo 19](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f3833332178r.jpg)

![118 S Franklin - Photo 20](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f3123202677r.jpg)

![118 S Franklin - Photo 21](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f3606159641r.jpg)

![118 S Franklin - Photo 22](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1762963852r.jpg)

![118 S Franklin - Photo 23](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1307016725r.jpg)

![118 S Franklin - Photo 24](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2071934329r.jpg)

![118 S Franklin - Photo 25](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f736554222r.jpg)

![118 S Franklin - Photo 26](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f2735609689r.jpg)

![118 S Franklin - Photo 27](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f4148122022r.jpg)

![118 S Franklin - Photo 28](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1592323102r.jpg)

![118 S Franklin - Photo 29](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1968106724r.jpg)

![118 S Franklin - Photo 30](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1715434954r.jpg)

![118 S Franklin - Photo 31](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f3806757872r.jpg)

![118 S Franklin - Photo 32](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f1621439419r.jpg)

![118 S Franklin - Photo 33](http://lh.rdcpix.com/55a1ac53464a76ed89695122750b588dl-f373820647r.jpg)

---

**MLS#:** 121980 | **Updated:** 2026-10-30
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/118-s-franklin-madisonville-ky-42431-56a4639145c84cb4afd6a8bd61ef01e4)

---

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