11 Midland Meadows Drive, Somerset, KY 42503 (MLS# 26004458)

11 Midland Meadows Drive, Somerset, KY 42503

$598,000

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Property Type: Residential Bedrooms: 9 Baths: 6 Square Footage: 4,224 Lot Size (sq. ft.): 61,855 Status: Active

Current Price: $598,000 List Date: 3/09/2026 Last Modified: 5/20/2026

Overview

Description

Turnkey, income-producing triplex built in 2025 and ideally located just off Highway 27 in Somerset. Positioned in a high-demand rental corridor near grocery stores, retail, dining, schools, and major employers. Each unit offers 3 bedrooms and 2 full baths with an open living and kitchen layout, stainless steel appliances, and first-floor washer and dryer hookups. All three units are currently leased, providing immediate cash flow. Situated on 1.42 acres, this property was intentionally developed for scalability. Major infrastructure is already in place, including: Sewer and water installation Private road construction Large paved parking area Commercial mailbox system with capacity for up to 16 units Dumpster enclosure walls The site offers space for two additional dwellings, allowing the next owner to increase density and cash flow without repeating major development costs. Excellent visibility and accessibility near Hwy 27, yet tucked into an established residential area. Income tod ... (Read more)

Listing Details MLS# 26004458

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Price Change Timestamp: 2026-05-20T16:09:25Z
Status Change Timestamp: 2026-03-09

Address

County: Pulaski
Street Number: 11
Street Name: Midland Meadows
Street Suffix: Drive
State: KY
Zip Code: 42503
Directions: From US-27 S, turn right onto Grand Central Blvd, go half mile (0.5), take slight right onto Midland Meadow Drive. Bottom triplex. Look for signage. Latitude: 37.058654 Longitude: -84.630639
Parcel Number: 062-1-3-22

Contract

Original List Price: 690000
Start Showing Date: 2026-03-09
Listing Contract Date: 2026-02-11
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 141.57

Tax Legal

MLS Area Major: 909 - Somerset City, Pulaski County
Subdivision Name: Rural
High School District: Pulaski County - 45

Interior

Bedrooms Total: 9
Bathrooms Total: 6
Bathrooms Full: 6
Above Grade Finished Area: 4224
Living Area: 4224
Living Area Source: Public Records
Basement YN: No
Fireplace YN: No
Bathrooms Half: 0
Below Grade Finished Area: 0
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: No
Carport YN: No

Building

Year Built: 2025
Accessibility Features YN: No

Lot

Lot Size Source: Public Records
Lot Size Acres: 1.42
Lot Size Square Feet: 61855.2
Pool Private YN: No
Waterfront YN: No
Water Body Access YN: No
Horse YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes

Remarks

Public Remarks: Turnkey, income-producing triplex built in 2025 and ideally located just off Highway 27 in Somerset. Positioned in a high-demand rental corridor near grocery stores, retail, dining, schools, and major employers. Each unit offers 3 bedrooms and 2 full baths with an open living and kitchen layout, stainless steel appliances, and first-floor washer and dryer hookups. All three units are currently leased, providing immediate cash flow. Situated on 1.42 acres, this property was intentionally developed for scalability. Major infrastructure is already in place, including: Sewer and water installation Private road construction Large paved parking area Commercial mailbox system with capacity for up to 16 units Dumpster enclosure walls The site offers space for two additional dwellings, allowing the next owner to increase density and cash flow without repeating major development costs. Excellent visibility and accessibility near Hwy 27, yet tucked into an established residential area. Income today. Expansion tomorrow. Owner is a Kentucky licensed real estate agent.

Amenity Fee Details

Amenity Fee YN: No

Room Types

Kitchen Level: First
Primary Bedroom Level: First
Kitchen: Yes
Primary Bedroom: Yes

Currently Not Used

List Price/Acre: 421126.76

Tax & Legal

Elementary School: Oakhill
Middle Or Junior School: Southern
High School: Southwestern
Tax Rate: 8.66

Association/Community

Association YN: No

Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Construction Materials

Vinyl Siding: Yes

Cooling

Heat Pump: Yes

Flooring

Vinyl: Yes

Foundation Details

Slab: Yes

Heating

Heat Pump: Yes

Laundry Features

Electric Dryer Hookup: Yes
Main Level: Yes
Washer Hookup: Yes

Levels

Two: Yes

Patio And Porch Features

Deck: Yes

Possession

Close Of Escrow: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Structure Type

Triplex: Yes

Water Source

Public: Yes

Showing Requirements

Call Listing Agent: Yes

Property Features

Appliances: Dishwasher; Microwave; Range; Refrigerator Construction Materials: Vinyl Siding Cooling: Heat Pump Flooring: Vinyl Foundation Details: Slab Heating: Heat Pump Laundry Features: Electric Dryer Hookup; Main Level; Washer Hookup Levels: Two Patio And Porch Features: Deck Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Structure Type: Triplex Water Source: Public Showing Requirements: Call Listing Agent Room Types: Kitchen; Primary Bedroom

Room Information

Room Name	Level
Primary Bedroom	First
Kitchen	First

Documents

Sellers Disclosure Of Property Condition ›

Listing Office: High Point Realty & Auction

Last Updated: May - 20 - 2026

Information deemed reliable but not guaranteed.