Somerset, KY Multifamily Homes & Duplexes for Sale

/46
$489,500
- 4 Beds
- 2.5 Baths
- 3,100 Sq Ft
339 Silver Creek Dr, Somerset, KY 42503

For sale is a stunning 4-bedroom, 2.5 bathroom home offering over 3,000 square feet of living space, located just one mile from the Slate Branch boat ramp. This spacious home features a fully updated interior with an open-concept main floor perfect for entertaining and family living. The main level includes the master bedroom and a beautifully designed kitchen and living area. Upstairs, you'll

David Sparks Prosperity Real Estate

339 Silver Creek Dr, Somerset, KY 42503
Explore Somerset
/86
$369,900
- 4 Beds
- 3 Baths
- 3,305 Sq Ft
101 Pine St, Somerset, KY 42503

Discover a charming home nestled in the desirable Pumphouse Estates. This spacious property boasts generously sized bedrooms, perfect for comfort and relaxation. Enjoy luxurious amenities, including an in-ground swimming pool and a soothing hot tub, ideal for unwinding after a long day. The home features a delightful sunroom, providing a perfect spot to bask in natural light. An attached

Mary Dotson Century 21 Advantage Realty - Danville

101 Pine St, Somerset, KY 42503
/20
$310,000
- 4 Beds
- 4 Baths
- 2,374 Sq Ft
178 Ridgewater Dr, Somerset, KY 42503

This beautiful and functional duplex is located near the Lee's Ford Resort and Marina and has a lake view during the fall and winter months. It sits in the cul-de-sac on a large lot. Each side has a beautiful kitchen, large living room and laundry room on the first floor also with a half bath. Upstairs you will find 2 large bedrooms and a full bath. Enjoy the decks and the beautiful view. Kitchen

Sherman Clark WEICHERT REALTORS - Ford Brothers

178 Ridgewater Dr, Somerset, KY 42503
/7
$269,000
624 Pisgah Church Rd, Somerset, KY 42503

Nice duplex located across the street from the highly anticipated Horse Soldier Distillery. Each side of this duplex consist of a 2 car garage, 2 bedrooms and 1 1/2 baths. This property is currently being used as a longterm rental but also has great potential to make a very profitable shorterm rental with close proximity to Waitsboro boat ramp and the up and coming Horse Soldier Distillery.

Daniel Hicks CENTURY 21 Advantage Realty

624 Pisgah Church Rd, Somerset, KY 42503

Kentucky Pulaski County Somerset

Why Live in Somerset

Somerset, KY, a small town with a population of about 12,000, is known for its booming tourism industry, largely driven by Lake Cumberland. Each summer, the town comes alive with boating, car shows, and live music, attracting over 4 million visitors annually. Despite its vibrant summer scene, Somerset maintains a quiet atmosphere during the winter months. The town offers an affordable cost of living, with homes becoming newer as you move away from the city center. Properties often feature large yards, and taxes are relatively low compared to the rest of Kentucky. Somerset Independent Schools and Somerset Christian School are highly rated, providing quality education options. Somerset High School offers dual enrollment courses and specialized programs at the Pulaski County Area Technology Center. Lake Cumberland is central to local attractions, offering boating, swimming, and fishing, while nearby farms provide seasonal fruit-picking opportunities. The Horse Soldier Distillery, set to open in 2026, is a significant development, expected to boost tourism further. Somerset's shopping and dining scene serves as a regional hub for surrounding counties. The town hosts popular events like Somernites Cruise and the Master Musicians Festival. Residents enjoy amenities such as the Pulaski County Public Library, The Virginia theater, and the Center for Rural Development. Healthcare is robust, with Lake Cumberland Regional Hospital and various specialists available. Major roads include U.S. Route 27 and Kentucky Route 80, with Lexington 80 miles away. Crime rates are on par with the national average for property crimes and below the national average for violent crimes.

Learn more about living in Somerset

Home Trends in Somerset, KY

On average, homes in Somerset, KY sell after 45 days on the market compared to the national average of 70 days. The median sale price for homes in Somerset, KY over the last 12 months is $240,000, down 13% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$240,000

Median Single Family Sale Price

$260,000

Median Townhouse Sale Price

$170,000

Median 1 Bedroom Sale Price

$445,000

Average Price Per Sq Ft

$161

Number of Homes for Sale

Last 12 months Home Sales

312

Months of Supply

2.00

Median List Price

$275,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-13%

How to Buy a Home How to Finance a Home How to Sell a Home

In Somerset, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $269,000 to $489,500, there's a range to accomodate every budget. As of August, 2025 the median home price in Somerset is $275,000, while the average sale price is $305,276, offering insights into the local housing market. On average, multi-family homes spend 45 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Somerset, KY.

Somerset Types of Homes for Sale

More About Living in Somerset

Homes in Nearby Counties

Pulaski County Homes for Sale

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