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623 N 20th Street, 
Middlesboro, KY 40965

$229,500

6

Beds

6

Baths

2,700

Sq Ft

Multi-Family

Active

Listed by

Derek Eisenberg

Continental Real Estate Group

877-996-5728

Last updated:

June 30, 2026, 03:17 PM

MLS#

26013646

Source:

KY LBAR

About This Home

623 N 20th Street

Excellent investment opportunity with a strong ~9% cap rate at asking price! This unique 4-unit property offers incredible versatility-perfect as a pure cash-flowing asset or an ideal opportunity to live in one unit while renting out the other three. The property consists of four fully occupied units: a main multi-family building featuring one 2-bedroom unit and two 1-bedroom units, plus a detached, standalone 2-bedroom, 2-bathroom manufactured home. All units have been historically well-maintained, feature newer appliances, and have received numerous updates and improvements over the years. Currently rented at stable, conservative rates, this property offers an immediate return on investment with substantial upside potential to increase rents to market value. A formidable long term opportunity.

Home Facts

Multi-Family

6 Baths

6 Bedrooms

Built in 1946

Price Summary

229,500

$85 per Sq. Ft.

MLS #:

26013646

Last Updated:

June 30, 2026, 03:17 PM

Added:

23 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

2,700 Sq. Ft.

Structure

Structure

Building Area:

2,700 Sq. Ft.

Year Built:

1946

Lot

Lot Size (Sq. Ft):

15,463

Finances & Disclosures

Finances

Price:

$229,500

Price per Sq. Ft:

$85 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.