513 S. Main Street, Corbin, KY 40701

187-189 Strange Street, Stanton, KY 40380

$199,900
Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,300 Lot Size (sq. ft.): 8,059 Status: Active
Current Price: $199,900 List Date: 3/02/2026 Last Modified: 3/02/2026

Description

Exceptional investment opportunity minutes from Red River Gorge. Investor attention: this rare portfolio of four well-maintained duplexes delivers a proven blend of strong returns and long-term stability. Each of the eight units offers 2 bedrooms, 1 bathroom, and 650 sq. ft. of efficient, well-kept living space. The properties show an outstanding rental history with a 4.9-star Airbnb rating. 2025 revenue was $20,000+ per short-term rental, and 2026 revenue is projected at $160,000+ overall, with additional upside through rate optimization and expanded marketing. Guests consistently note the clean interiors and the unbeatable proximity to one of Kentucky's most popular outdoor destinations. Year-round tourism supports dependable occupancy, making this portfolio a strong fit for seasoned investors and those looking to grow a short-term rental business. Opportunities of this size, condition, and performance rarely come to market. A high-demand, income-producing asset with room to grow.

Supplements: ********

More Information MLS# 26003823

Listing Information

Comp Sale YN: No Property Sub Type: Duplex

Address

Directions: Coming from the parkway you will go towards DQ, take a left on W College Ave, then take a right on Washington St, then a quick left on Strange St, the duplexes are around the corner. County: Powell Street Number: 187-189 Street Name: Strange Street Suffix: Street State: KY Zip Code: 40380

Contract

Start Showing Date: 2026-03-02 Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant Office Exclusive YN: No List Price/Acre: 1080540.54 List Price/SqFt: 153.77 Current Price: $199,900 Original List Price: 199900 Status: Active Listing Contract Date: 2026-03-02 List Price: $199,900

Tax & Legal

Elementary School: Stanton Middle Or Junior School: Powell Co High School: Powell Co Tax Rate: 0.914 Zoning Description: NA

Association/Community

Number Of Buildings: 4 Number Of Units Total: 8

Interior

Living Area: 1300 Bathrooms Half: 0 Bedrooms Total: 4 Bathrooms Total: 2 Bathrooms Full: 2

Parking Information

Parking Total: 10

Building

Stories Total: 1 Accessibility Features YN: No Year Built: 1995

Lot

Lot Size Acres: 0.185 Lot Size Square Feet: 8058.6

Utilities

Cooling YN: Yes Heating YN: Yes Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Remarks

Public Remarks: Exceptional investment opportunity minutes from Red River Gorge. Investor attention: this rare portfolio of four well-maintained duplexes delivers a proven blend of strong returns and long-term stability. Each of the eight units offers 2 bedrooms, 1 bathroom, and 650 sq. ft. of efficient, well-kept living space. The properties show an outstanding rental history with a 4.9-star Airbnb rating. 2025 revenue was $20,000+ per short-term rental, and 2026 revenue is projected at $160,000+ overall, with additional upside through rate optimization and expanded marketing. Guests consistently note the clean interiors and the unbeatable proximity to one of Kentucky's most popular outdoor destinations. Year-round tourism supports dependable occupancy, making this portfolio a strong fit for seasoned investors and those looking to grow a short-term rental business. Opportunities of this size, condition, and performance rarely come to market. A high-demand, income-producing asset with room to grow.

Cooling

Electric: 1

Heating

Electric: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Roof

Metal: 1

Structure Type

Duplex: 1

Income and Expenses

Gross Income: 121

Showing Requirements

Showing Service: 1

Showing Information

Showing Instructions: Contact listing agent for list of vacant units.

Status Change Information

Status Change Timestamp: 2026-03-02

Tax Legal

MLS Area Major: 019 - Powell County Subdivision Name: Rural High School District: Powell County -19

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Electric Heating: Electric Possession: Close Of Escrow; Negotiable Roof: Metal Structure Type: Duplex Showing Requirements: Showing Service
Listing Office: RO&CO Real Estate
Last Updated: March - 02 - 2026
Information deemed reliable but not guaranteed.