Listing provided courtesy of Turn Key Realty- MLS# 26007224MLS Provider

508 & 512 Winchester AvenueMiddlesboro, KY 40965

Multi-Family · 2 Beds · 2 Full Baths · 6,696 Sq. ft. | 0.55 Acres
$960,000 Active

508 & 512 Winchester Avenue Overview

Time on Site:
84 days
Visits:
1

Prime Multi-Family Investment Opportunity - 508 & 512 Winchester Avenue, Middlesboro, KY This exceptional offering presents two adjacent multi-family apartment buildings totaling 13,392 square feet of living area on a combined 1.23 acres of land. Located at 508 Winchester Ave (6,696 sq ft on 0.55 acres) and 512 Winchester Ave (6,696 sq ft on 0.68 acres), these properties provide a rare chance to acquire substantial rental inventory in one convenient location. Built for efficiency and scale, each building offers significant square footage ideal for multiple residential units, making them well-suited for investors seeking strong cash flow potential in the Middlesboro market. The generous lot sizes allow for ample parking, green space, or future expansion opportunities. Situated along Winchester Avenue, the properties benefit from convenient access to local amenities, major thoroughfares, and the broader Middlesboro community. Whether you're an experienced multifamily investor or looking to expand your portfolio, this paired offering represents a solid foundation for long-term rental income and value appreciation.

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508 & 512 Winchester Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,696
  • Price/Sq.ft. $143
  • Lot 0.55 Acres

Details

General

School Information

  • High School: Middlesboro Ind

Building Information

  • Year Built: 1980

Location/Region

  • County Or Parish: Bell
  • MLS Area Major: 087 - Bell County
  • MLS Area Minor: 087 - Bell County
  • Subdivision Name: City Limits

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 069-42-06-012.00 069.42.06.011.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 6696.0

General Information

  • Laundry Features: Electric Dryer Hookup,Washer Hookup
  • Living Area: 6696.0
  • Living Area Source: Public Records
  • Security Features: Fire Sprinkler System
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 12.0

Lot Information

  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Size Square Feet: 23958.0
  • Lot Size Units: Acres

Building Exterior/Construction

  • Roof: Shingle

508 & 512 Winchester Avenue Neighborhood

Community

40965 (Middlesboro) Demographics

41
Median Age
156
Population Density (per sq. mile)
18%
College Educated
$26,412
Estimated Median Income
2,741
Estimated Total Home Owners
2,102
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

508 & 512 Winchester Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

508 & 512 Winchester Avenue Market Data

Based on the last 30 days in this zip code

$196,568
Average List Price
$96
Average Price per Square Foot
0
Properties Sold
79
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

508 & 512 Winchester Avenue History

Date Event Value Agent
4/6/2026Source: Imagine MLS/Bluegrass Added to Database
April 06, 2026