5 Bed
5 Bath
3,024 FT2
0.1 Acres
Built in 1900
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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| Date | Event | Price |
|---|---|---|
| 05/09/2026 | Listing Price | $120,000 |
600 W Shelby St, Falmouth, KY 41040, USA, City - Pendleton County