231 S Main Street, Madisonville, KY 42431
sale
$675,000
|
Other
Courtesy Of Haven Realty, LLC
Madison on Main is a rare opportunity to acquire a fully operational, highly rated short-term rental and event venue in the heart of downtown Madisonville. Built in 1909, this historic property operates as a sought-after Airbnb with a 4.95-star rating and a loyal repeat-guest base. The home offers 11 bedrooms, each with a private bath, plus microwaves and mini-refrigerators, making it ideal for weddings, reunions, retreats, and corporate gatherings. Guests enjoy a fully equipped kitchen, shared gathering areas, music room, and laundry facilities, while a complete third-floor apartment serves as an ideal owner or manager's residence. The property is being sold fully furnished, including locally sourced antique furniture, linens, and kitchenware. Recent upgrades include new roof, updated HVAC systems, new plumbing & electrical, and ADA accessibility improvements. With proven cash flow, strong occupancy, and diverse revenue potential, this turnkey investment is ready for you.
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Copyright © 2025 Madisonville-Hopkins County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Disabled Access
- Appliance: Dishwasher
- Appliance: Garbage Disposer
- Appliance: Microwave
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Range
- Appliance: Washer
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Forced Air
- MLSID: 117191
- Roof Type: Composition
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