331 Madison Street
Paducah, KY, 42001 $ 359,000
Bedrooms-- Baths-- Sq 4,070 Monthly Estimate*
$ 2,480
for $359,000. This 4,070 square foot building was built in 1920 on a lot size of 0.12.
Located in the heart of downtown Paducah, just two blocks from the riverfront, this historic brick property offers 4,064 square feet of finished space with a unique combination of commercial and residential use. Built in 1920, the two-story building features 10-foot ceilings, hardwood floors, original architectural details, and spacious covered porches that highlight its historic character. Currently configured as a mixed-use property, this unique space features an occupied commercial area and a private residential apartment, each with it's own separate entrance. For added functionality, an interior back staircase connects the two spaces while maintaining privacy for both. The residential apartment features 3 bedrooms, 2 full bathrooms, a spacious living room, kitchen, two fireplaces, a clawfoot soaking tub, and a dedicated laundry closet with stackable washer and dryer. Additional features include newer windows and roof, electrical upgrades, some plumbing updates, luxury vinyl flooring with soundproof underlayment on the 331 side, an unfinished cellar basement, and off-street parking for two vehicles. The commercial space is fully rented, with tenants to remain. Located within walking distance of Paducah's riverfront, Farmers' Market, restaurants, local shops, and downtown attractions, this property offers an opportunity to own a historic mixed-use building with an established commercial tenant and separate residential living space.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Possession Negotiable
Roof Dimensional Style
Zoning H-2
Construction Materials Brick
Year Built 1920
Property Subtype Mixed Use
Parcel Number 111-24-07-012
Business Type Professional/Office Mixed
County McCracken
Property Type Commercial Sale
Attached Garage false
Subdivision Name Downtown
Building Features Wood Flooring Vinyl Flooring Tile/Brick Floor Laundry Facilities Kitchen Facilities
Status Active
Directions From Broadway in downtown Paducah turn left onto N 3rd Street. Continue to Madison Street and turn left. Property is located at 331 Madison Street.
City Paducah
Zoning Description Historical Neighborhood
MLS Area 119 - McCracken County
Lot Size Units Acres
Lot Size Square Feet 5227.2
MLS Area Minor 119 - McCracken County
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement Sump Pump Unfinished
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
Heating-Natural Gas true
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ExteriorParking Features On Site
Total Parking 2
Lot Size Area 0.12
Building Area Total 4070
Lot Size Acres 0.12
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* Excluded FeaturesList ByHousman Partners Real EstateBroker
soldonpaducah@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,480
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Paducah, KY
Average List Price $595,313
Percent of Sale Price 66%
About Paducah, KY 25,443 Population
-6% Since 2002
$ 36,442 Median Income
41.32 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $359,000 | | Listed Price |