About This Home

This 0-bedroom, 0-bathroom commercial at 2150 Irvin Cobb Drive in Paducah, KY is listed for $4,500,000 ($219 per sqft). Built in 1970, the home offers 20,568 sqft of living space on a 4.57 acres lot.

Key Features

  • Built in 1970
  • 4.57 acre lot
  • 2 stories
  • 87 parking spaces

Property Details

2 stories
87 spaces
1970

Amenities

A/C
Listing Description

Southside Square Apartments | Paducah, Kentucky Exceptional Investment Opportunity in Paducah's Southside! Southside Square Apartments presents an outstanding investment opportunity in Paducah's Southside, offering a completely renovated multifamily property with additional commercial potential.

Renovated in 2025, this 38-unit apartment complex features 27 one-bedroom apartments averaging approximately 850 square feet and 11 two-bedroom apartments averaging approximately 1,050 square feet. Each unit is individually metered and showcases granite countertops, stainless steel appliances, and luxury vinyl plank flooring.

Situated on 4.6 acres, the property offers room for future expansion and an impressive 276 feet of road frontage, providing excellent visibility, accessibility, and signage opportunities. Located in Paducah's Southside, the property benefits from access to established residential neighborhoods, local businesses, and the amenities and services of the greater Paducah area.

Adding even more value is a separate commercial building lot measuring just under 6,000 square feet, with utilities available for hookup. This additional opportunity is ideal for a restaurant, coffee shop, or other complementary business, offering the potential to capitalize on passing traffic and serve the surrounding community.

Day-to-day operations are supported by an on-site maintenance person who handles repair requests, apartment turns, and unit cleanouts, providing a practical operational advantage for ownership. With 38 renovated apartment units, substantial acreage, excellent road frontage, and additional commercial development potential, Southside Square Apartments offers investors an opportunity to acquire a versatile income-producing property with room to grow in Paducah, Kentucky.

Monthly Cost Estimate

$24,067/mo

20% down · 6.5% · 30 years

Principal$3,254
Interest$19,500
Insurance$1,313

Estimates only. Actual payments may vary.

Location

2150 Irvin Cobb Drive

Paducah, KY 42003

Property Details

Construction

Block Concrete Vinyl Siding

Heating

Electric (Heating)Ductless (Heating)

Cooling

Wall Unit(s)ElectricDuctless

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2150 Irvin Cobb Drive is listed at $4,500,000 ($219/sqft). The estimated monthly payment is $24,067 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 4.57 acre lot, 2 stories, 87 parking spaces.

This property is listed by Lenny Powley.

LP

Lenny Powley

Agent at LP Real Estate Services LLC

Listed by LP Real Estate Services LLC · Broker phone: 2702100073

MLS# 26029774· Source: ImagineMLS· 2 days on PropertySimple

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.

2150 Irvin Cobb Drive, Paducah, KY 42003

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