5 Bedroom House For Sale By Owner in Falmouth, KY

$120,000
Bedroom Icon 5 Bed
Bathrooms Icon 5 Bath
Sqft Icon 3,024 FT2
Acres Icon 0.1 Acres
Calendar Icon Built in 1900

Property Description

This 5 bedroom multi-unit house for sale by owner in Falmouth, KY presents an outstanding investment opportunity with strong income-producing potential.
Configured as a 5 unit residential property, this FSBO sits on a generous parcel in a quiet, established neighborhood within one of Falmouth’s historically significant districts, known for its small-town charm, stable residential setting, and desirable location.
The property retains the exterior character and curb appeal consistent with the surrounding historic neighborhood while offering investors a rare value-add opportunity with substantial upside.
Inside, the building requires a full interior rehabilitation, creating a blank slate for renovation, modernization, and increased property value.
With its existing multi-family layout and limited comparable inventory in the area, this property offers the potential for strong long term rental income, consistent cash flow, and future appreciation once stabilized.
Investors looking for a multi family property in Falmouth KY, a fixer-upper with income potential, or a historic investment property with room for equity growth will recognize the opportunity this property provides.
This is an ideal project for buyers seeking to reposition a multi-unit rental property into a high performing income-producing asset through thoughtful renovation and strategic upgrades.
Serious buyers and real estate agents with qualified buyers only.
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Details & Amenities


  • Heating:

  • Cooling:

  • Auxiliary SQ FT: 200

Listing History

Date Event Price
05/09/2026 Listing Price $120,000

Property Location

600 W Shelby St, Falmouth, KY 41040, USA, City - Pendleton County