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About This Home

This 6-bedroom, 5-bathroom residential multi family at 192 Fairway Lane in Somerset, KY is listed for $625,000 ($174 per sqft). Built in 2023, the home offers 3,600 sqft of living space on a 0.97 acres lot.

Agent Description

Built in 2023, this beautifully designed 2-story triplex is a rare turnkey investment opportunity in one of Somerset's most desirable locations. This fully occupied triplex offers three well-designed 2-story units, each featuring 2 bedrooms and 1.5 baths.

With modern construction, newer appliances, and low-maintenance ownership, investors can enjoy peace of mind with minimal upkeep for years to come. Current rents are below market value, creating immediate opportunity for increased income potential. Ideal for investors seeking strong cash flow and appreciation, or for buyers looking to live in one unit while generating rental income from the other two.

This triplex also offers 9-foot ceilings, washer/dryer hookups, and is situated at the end of a quiet residential street which offers privacy and minimal traffic with scenic golf course views. An unmatched setting for tenants and owner-occupants alike.

Conveniently located less than 1 mile from major highways, downtown Somerset, schools, shopping, dining, and Lake Cumberland Regional Hospital. A rare opportunity to own a newer multifamily property in a prime location with built-in income and future growth potential. (194 Fairway is also available for purchase - mls#26010383)

Key Features

  • Built in 2023
  • 0.97 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
3 full, 3 half
2 spaces
#A,B,C
2023

Amenities

A/C

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

192 Fairway Lane

Somerset, KY 42503

Somerset City

Property Details

Parking

Open

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

ElectricHeat Pump

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 192 Fairway Lane is listed at $625,000 ($174/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 0.97 acre lot, 2 stories, 2 parking spaces.

This property is listed by Jessica C Vincent and can be reached at 6062711175 or jvincent@century21advantage.com.

JV

Jessica C Vincent

Agent at CENTURY 21 Advantage Realty

(606) 271-1175

Listed by CENTURY 21 Advantage Realty · View on Broker Site

MLS# 26010382· Source: listhub· Updated 28 days ago

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

192 Fairway Lane, Somerset, KY 42503

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