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Henderson, KY Multifamily Homes & Duplexes for Sale

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  • /36

    $225,000

    • 3 Baths
    • 2,640 Sq Ft

    738 First St, Hendeson, KY 42420

    Located just minutes from downtown Henderson, this income-producing 4-plex offers a solid opportunity for investors. Each unit features 1 bedroom and 1 bathroom. Three of the four units have been recently remodeled and are currently leased to tenants, providing immediate rental income. The fourth unit is vacant and ready for renovation—perfect for adding value and increasing future rental

    Brittany Duckworth ERA FIRST ADVANTAGE

    738 First St, Hendeson, KY 42420
  • /4

    $495,000

    • 7 Beds
    • 4 Baths
    • 5,476 Sq Ft

    328 N Adams St, Henderson, KY 42420

    Investment Opportunity: 5-Plex in Prime Henderson, Ky Location. This rare opportunity 5-plex features 4 spacious 3-bedrooom 2-bath units that are 1144 sq ft each and a 1 2-bedroom, 1 bath unit that is 900 sq ft. The current rents are below market, offering strong upside potential. The roof is only 8 years old. One unit is updated and another has been completely remodeled. All contain washer/dryer

    Cindy Mckenzie Coldwell Banker-Terry

    328 N Adams St, Henderson, KY 42420

Why Live in Henderson

Henderson, Kentucky, is a small urban city situated along the southern bend of the Ohio River, known for its agricultural roots and growing industrial sector. With a population of around 27,000, Henderson is home to top employers like Henderson County Schools and Gibbs Die Casting Corporation. The city is recognized for its production of soybeans and corn, maintaining its agricultural heritage. Henderson County Schools, which serve approximately 7,000 students, are highly rated, and Henderson County High School offers a Career and Technical Education program. The city boasts numerous attractions, including John James Audubon State Park, which spans over 659 acres and features hiking trails, a fishing pier, and the John James Audubon Museum & Nature Center. Ellis Park Racing & Gaming, located just 6 miles across the Ohio River, offers live horse racing and slot machines. Henderson's real estate market is competitive, with homes ranging from entry-level prices to more expensive properties in areas like Henderson North End. The city provides a variety of shopping and dining options, particularly on the north side along U.S. Route 41, and downtown Henderson features local boutiques and eateries. Residents enjoy annual events such as the Bluegrass in the Park Festival, which attracts thousands of visitors each August. Henderson is well-connected, with U.S. Route 60 running through the city and the Evansville Regional Airport located 17 miles away. The city has a lower crime rate compared to the national average, contributing to its appeal as a safe place to live.

Home Trends in Henderson, KY

Housing Trends

Median Sale Price
$210,000
Median Single Family Sale Price
$234,500
Median Townhouse Sale Price
$185,000
Median 2 Bedroom Sale Price
$139,900
Average Price Per Sq Ft
$142
Number of Homes for Sale
100
Last 12 months Home Sales
341
Months of Supply
3.50
Median List Price
$239,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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