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57 Martins Way, Barbourville, KY, 40906

28beds
11baths
11,400sqft
$759,000
$67price/sqft
$5,777/moest. monthly cost
$231,080/yrincome needed

About This Home

Fully rented 10 unit portfolio on the same street with strong rental demand and room to increase rents!! Well performing investment opportunity offering 10 doors that are easy to manage thanks to their proximity to one another. The portfolio includes 4 single family homes, 1 duplex, and 1 fourplex across 4 parcels. All units are currently rented and producing approximately $7,500 in gross monthly income, leaving clear upside potential. The location offers direct access to the Cumberland Gap Parkway, a convenient and desirable area for tenants. Portfolio is currently offered as a package sale. Broker owner.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

8/10
Central Elementary SchoolGrades PK-60.4 mi
7/10
--
Knox Appalachian SchoolGrades 5-121.3 mi

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 28
  • Bathrooms: 11
  • Full bathrooms: 11

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 11,400
  • Total interior livable area: 11,400 sqft

Property

Details

  • Parcel number: 1082001051.00
  • Attached to another structure: Yes

Lot

  • Lot size: 1.28 Acres

Parking

  • Parking features: On Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Hail
Inland Flooding
Lightning
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,837$46,044
Home Insurance *$699$8,388
Property Taxes $341$4,092
Electricity $900$10,803
Total$5,777$69,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$198,068/yr
40% on housing$173,310/yr
45% on housing$154,053/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -5.9%
-5.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$67This listing

vs Other Active Listings

Avg $/sqft

ZIP 40906$108
Knox County$110

vs Homes Sold Last Month

Median $/sqft

ZIP 40906$118
Knox County$121

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-05Listed for sale$799,000

For Sale by Agent

AgentRocio Gonzalez
BrokerageFreeman Brothers Realty LLC

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