Somerset, KY Multifamily Homes & Duplexes for Sale

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.