With a portal you are able to:
- Save your searches
- Get updates on listings
- Track listings
- Add notes and messages
- Personalize your dashboard
623 N 20th Street, Middlesboro, KY 40965
New Listing
$229,500
Property Type:
Residential Income
Bedrooms:
6
Baths:
6
Square Footage:
2,700
Lot Size (sq. ft.):
15,464
Status:
Active
Current Price:
$229,500
List Date:
6/12/2026
Last Modified:
6/15/2026
Description
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.
Supplements: ********
More Information MLS# 26013646
Listing Information
Comp Sale YN: No
Property Sub Type: Quadruplex
Address
Zip +4: 1909
Directions: Cumberland Avenue to 19thd street then left on north 20th street and the four plex will be right in front of you.
Parcel Number: 069-34-06-021.00
County: Bell
Street Number: 623
Street Direction Prefix: N
Street Name: 20th
Street Suffix: Street
State: KY
Zip Code: 40965
Contract
Start Showing Date: 2026-06-12
Listing Agreement: Exclusive Agency
Owner Name: Kamga LLC
Owner Phone: (508) 280-7945
Office Exclusive YN: No
List Price/Acre: 646478.87
List Price/SqFt: 85
Current Price: $229,500
Original List Price: 229500
Status: Active
Listing Contract Date: 2026-06-08
List Price: $229,500
Tax & Legal
High School: Middlesboro Ind
Zoning: R-1
Association/Community
Number Of Buildings: 2
Number Of Units In Community: 4
Number Of Units Total: 4
Interior
Living Area: 2700
Living Area Source: Public Records
Bathrooms Half: 0
Bedrooms Total: 6
Bathrooms Total: 6
Bathrooms Full: 6
Building
Stories Total: 1
Accessibility Features YN: No
Year Built: 1946
Lot
Lot Size Acres: 0.355
Lot Size Square Feet: 15463.8
Utilities
Cooling YN: Yes
Heating YN: Yes
Cable Connected: 1
Electricity Connected: 1
Remarks
Public Remarks: 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.
Cooling
Ceiling Fan(s): 1
Central Air: 1
Wall Unit(s): 1
Heating
Forced Air: 1
Heat Pump: 1
Space Heater: 1
Laundry Features
Main Level: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
On Site: 1
Possession
Close Of Escrow: 1
Roof
Composition: 1
Structure Type
Quadruplex: 1
Income and Expenses
Gross Income: 30000
Net Operating Income: 20000
Operating Expense: 6000
Showing Requirements
Call Owner: 1
Showing Information
Showing Instructions: Call Owner for showings at (508) 280-7945. Email owner offers and questions at cumbygap1@gmail.com. Please cc: listing broker with a copy of offers or any changes in status to Offers@ContinentalRealEstate.com. DO NOT email broker at roster email below. It is a lead router for syndication to 3rd party sites and your email will not be human-read.
Status Change Information
Status Change Timestamp: 2026-06-12
Tax Legal
MLS Area Major: 087 - Bell County
Subdivision Name: City Limits
High School District: Bell County - 87
Property Features
Utilities: Cable Connected; Electricity Connected; Cable Connected; Electricity Connected
Cooling: Ceiling Fan(s); Central Air; Wall Unit(s)
Heating: Forced Air; Heat Pump; Space Heater
Laundry Features: Main Level
Listing Terms: Cash; Conventional
Parking Features: On Site
Possession: Close Of Escrow
Roof: Composition
Structure Type: Quadruplex
Showing Requirements: Call Owner
Listing Office:
Continental Real Estate Group
Last Updated: June - 15 - 2026
Information deemed reliable but not guaranteed.


Sellers Disclosure Of Property Condition ›