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Owensboro, KY Multifamily Homes & Duplexes for Sale

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    $100,000

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    1005 W 2nd St, Owensboro, KY 42301

    Turnkey investment alert! This duplex offers two 2 bed / 1 bath units, each with private entrances and a shared maintenance space housing the water heaters and HVAC systems for easy access and service. Whether you're house-hacking or expanding your rental portfolio, this is a solid opportunity in a convenient Owensboro location just minutes from downtown, shopping, and dining. Interested? Contact

    Hayden Vanover BHG Realty

    1005 W 2nd St, Owensboro, KY 42301
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    $2,900,000

    • 3,783 Sq Ft

    2213 Yewells Landing N, Owensboro, KY 42303

    Great multi-unit opportunity in Landsdowne subdivision in Owensboro, KY! Seven four-plex buildings with two bedrooms per unit on one level. 900 plus sq ft each unit. Sold as a Package Only: 28 total units - 2213, 2225, 2301, 2309, 2317, 2325, 2349 Yewells Landing North

    LISA KASSINGER RE/MAX PROFESSIONAL REALTY GROUP

    2213 Yewells Landing N, Owensboro, KY 42303
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    $200,000

    • 6 Beds
    • 3 Baths
    • 2,104 Sq Ft

    431 Center St, Owensboro, KY 42303

    Calling All Investors! This property is ready for a smooth transfer of ownership and steady cash flow. All units feature new flooring, updated cabinets, and newer appliances. Several windows have been replaced for added value. Property Overview: Unit A 2 bed / 1 bath $1,200/month (landlord pays utilities) Unit B 3 bed / 1 bath $400/month (tenant pays utilities & lawn care) Unit C 1 bed / 1

    BRITTANY VOYLES RE/MAX PROFESSIONAL REALTY GROUP

    431 Center St, Owensboro, KY 42303

Why Live in Owensboro

Owensboro's stunning riverfront Smothers Park features an interactive playground, spray park, and scenic Ohio River views. The city celebrates its rich musical heritage at the Bluegrass Music Hall of Fame & Museum and hosts the renowned ROMP Bluegrass Festival each June at Yellow Creek Park. Cultural attractions include the Owensboro Museum of Fine Art, RiverPark Center performing arts venue, and Western Kentucky Botanical Garden with its themed gardens and butterfly sanctuary. The International Bar-B-Q Festival in May showcases the city's famous barbecue culture, with legendary establishments like Moonlite Bar-B-Q Inn and Old Hickory Bar-B-Que serving traditional Kentucky mutton and burgoo.

The housing market features diverse options across distinct neighborhoods. Single family homes in upscale Hillcrest have a median price of $365,000, while the established Audubon-Bon Harbor area shows a median of $238,000. More affordable options exist in Northwest Side with a median of $129,900. The overall median sale price in Owensboro is $214,900, with townhomes at $123,300 and two bedroom condos at $155,000.

Property taxes in Daviess County maintain a 0.86% effective rate, slightly higher than nearby Evansville, Indiana at 0.82%. Residents pay a 1.78% local income tax rate and Kentucky's 6% state sales tax. The city connects to major employment centers through US highways 60, 431, and 231, with the Owensboro Transit System providing public transportation throughout the metropolitan area. Top-rated public schools include Tamarack Elementary and Newton Parrish Elementary, both rated A minus by Niche. Kentucky Wesleyan College provides higher education opportunities within the city limits.

Home Trends in Owensboro, KY

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$209,900
Median Townhouse Sale Price
$116,200
Average Price Per Sq Ft
$144
Number of Homes for Sale
137
Last 12 months Home Sales
843
Months of Supply
2.00
Median List Price
$219,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
9%
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