1742 N 12th St · Paducah, KY 42001

$119,900

5 bd · 1.0 ba · 2,574 sqft · SingleFamily public records · 78 Days on market

Built 1904 0.66 ac lot $47/sqft · 54% below area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into timeless charm with this beautiful 4-bedroom historic home full of character and classic architectural details. From the moment you arrive, the inviting wrap-around porch sets the tone — the perfect place to enjoy morning coffee, relax in the evening, or greet neighbors in true Southern style. Located in the heart of Paducah, this home combines historic character, generous space, and the opportunity to make it your own. Whether you're drawn to the charm of older homes or looking for a property with personality and potential, this one is worth a look.

Key facts

• Wrap-around porch
• Historic home
• 0.66 acre lot

Tags

• WRAP-AROUND PORCH
• HISTORIC HOME
• CLASSIC ARCHITECTURAL DETAILS

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $627 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $113k (6.0% below list) — sets the bar for market timing.
• Cap rate 12.6% vs local median 4.5% in Paducah — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#197 in KY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, schools D+, employment D.
• Paducah Independent (town): math 22% / reading 36% proficiency, ranked #122 of 165 in KY (top 74%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 248 active listings in the ZIP; 187 units permitted in McCracken County in 2024 (104 in 5+ unit buildings).
• This rent runs 31% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• McCracken County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $45k; list at $120k implies a 166% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1904 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $112,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1904 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.54% ✓
• Cap rate: 12.56%
• Cash-on-cash: 22.40%
• DSCR: 2.00
• GRM: 5.4

CMA / ARV

• ARV (median comp): $259,030
• List price: $119,900
• Delta: -53.71%
• Verdict: UNDERPRICED
• Comps: 15 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.2%
• Equity multiple: 1.61×
• Total profit: $20,510
• Equity at exit: $17,877

10-year hold

• IRR: 23.9%
• Equity multiple: 3.07×
• Total profit: $69,366
• Equity at exit: $10,367

Cash invested: $33,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kentucky: 83 Strongly Landlord-Friendly · R+16
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit (URLTA cities); generally landlord-friendly.

Methodology + full state rankings →

ZIP-level market 42001

• Home prices YoY: -24.8%
• Active inventory: 248
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,842 medium
• Mortgage (P&I): −$629
• Tax est. 1.5%: −$150 /mo · $1,798/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $627

Break-even live

Break-even rent $1,049

Max offer price $119,900

Occupancy floor 61%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $119,900 Active 78 DOM
2. 2026-06-18
   days on market $119,900 Active 77 DOM
3. 2026-06-17
   days on market $119,900 Active 76 DOM
4. 2026-06-16
   days on market $119,900 Active 75 DOM
5. 2026-06-15
   days on market $119,900 Active 74 DOM
6. 2026-06-14
   days on market $119,900 Active 72 DOM
7. 2026-06-12
   days on market $119,900 Active 71 DOM
8. 2026-06-09
   days on market $119,900 Active 68 DOM
9. 2026-06-08
   days on market $119,900 Active 67 DOM
10. 2026-06-07
    days on market $119,900 Active 66 DOM
11. 2026-06-03
    days on market $119,900 Active 62 DOM
12. 2026-06-02
    days on market $119,900 Active 61 DOM
13. 2026-06-01
    days on market $119,900 Active 60 DOM
14. 2026-05-31
    days on market $119,900 Active 59 DOM
15. 2026-05-30
    days on market $119,900 Active 58 DOM
16. 2026-05-01
    status Active 572-char remark

    Show marketing remark (572 chars)

    Step into timeless charm with this beautiful 4-bedroom historic home full of character and classic architectural details. From the moment you arrive, the inviting wrap-around porch sets the tone — the perfect place to enjoy morning coffee, relax in the evening, or greet neighbors in true Southern style. Located in the heart of Paducah, this home combines historic character, generous space, and the opportunity to make it your own. Whether you're drawn to the charm of older homes or looking for a property with personality and potential, this one is worth a look.

17. 2026-04-07
    status Pending 572-char remark

    Show marketing remark (572 chars)

    Step into timeless charm with this beautiful 4-bedroom historic home full of character and classic architectural details. From the moment you arrive, the inviting wrap-around porch sets the tone — the perfect place to enjoy morning coffee, relax in the evening, or greet neighbors in true Southern style. Located in the heart of Paducah, this home combines historic character, generous space, and the opportunity to make it your own. Whether you're drawn to the charm of older homes or looking for a property with personality and potential, this one is worth a look.

18. 2026-04-01
    price $119,900 572-char remark

    Show marketing remark (572 chars)

    Step into timeless charm with this beautiful 4-bedroom historic home full of character and classic architectural details. From the moment you arrive, the inviting wrap-around porch sets the tone — the perfect place to enjoy morning coffee, relax in the evening, or greet neighbors in true Southern style. Located in the heart of Paducah, this home combines historic character, generous space, and the opportunity to make it your own. Whether you're drawn to the charm of older homes or looking for a property with personality and potential, this one is worth a look.

19. 2026-03-09
    listed $139,900 Active 572-char remark

    Show marketing remark (572 chars)

    Step into timeless charm with this beautiful 4-bedroom historic home full of character and classic architectural details. From the moment you arrive, the inviting wrap-around porch sets the tone — the perfect place to enjoy morning coffee, relax in the evening, or greet neighbors in true Southern style. Located in the heart of Paducah, this home combines historic character, generous space, and the opportunity to make it your own. Whether you're drawn to the charm of older homes or looking for a property with personality and potential, this one is worth a look.

20. 2011-09-22
    soldstatus $45,000
21. 2009-05-22
    soldstatus $27,500
22. 1992-12-01
    soldstatus $27,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,105
• − Mortgage interest: −$6,716
• − Property taxes: −$1,798
• − Insurance: −$600
• − Repairs & maintenance: −$1,768
• − Management: −$1,768
• − Depreciation: −$3,488
• Taxable income: $5,966
• Est. tax owed @ 24.0%: −$1,432
• After-tax cash flow: $6,088/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Paducah Independent
• NCES district ID: 2104650
• Math proficiency: 22% ▼ -14.00%
• Reading proficiency: 36% ▼ -17.00%
• Median HH income: $30,067
• Composite: 23.41/100
• National rank: #7896
• State rank: #122 of 165 in KY

Livability — Paducah

• Score: 68/100
• State rank: #197
• US rank: #9780

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment D Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Paducah, KY
• County: McCracken County · 30,856 people
• City population: 30,856
• Metro: Paducah, KY-IL
• Population (ZIP): 30,856
• Household income: $71,365
• Rent vs Own: 36.5% rent · 63.5% own
• Severe rent burden: 1001.0

Population outlook (McCracken County) Hauer SSP2

• Today (2025): 64,237 people
• By 2030: 63,468 · -1.2%
• By 2040: 61,221 · -4.7%
• By 2050: 58,432 · -9.0%
• By 2075: 52,668 · -18.0%
• By 2100: 44,517 · -30.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Black 13% Two or more races 6% Hispanic / Latino 2% Asian 1%
• Common ancestry: Lithuanian 2% Italian 2% Serbian 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 97% English-only · Spanish 1%

Political lean MEDSL · McCracken

• 2024 margin: Solid R (+34.9) · D 31.9% · R 66.8% · Other 1.2%
• 2008→2024 swing: -9.7pp toward R · 2008: -25.2pp · 2024: -34.9pp
• All cycles: 2024: R+34.9 2020: R+31.7 2016: R+37.2 2012: R+32.5 2008: R+25.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -85.23%
• Current HPI: 258.1706
• Rent YoY: —
• Metro: Paducah, KY-IL
• State GDP YoY: ▲ 1.81%
• F500 in state: 4

Industry mix (Fortune 500 HQ in KY)

Industry	F500 HQs	Revenue
▸Healthcare	1	$118B
▸Food / Beverage	1	$7B

Price history

+336.0% since first listed

7 events — show timeline

• 2026-05-01 Relisted — WKRMLS
• 2026-04-07 Pending — WKRMLS
• 2026-04-01 Price Changed $119,900 WKRMLS
• 2026-03-09 Listed $139,900 WKRMLS
• 2011-09-22 Sold (Public Records) $45,000 Public Records
• 2009-05-22 Sold (Public Records) $27,500 Public Records
• 1992-12-01 Sold (Public Records) $27,500 Public Records

Property tax history

-22.6%/yr

Latest (2025): $82 · -11.5% YoY. Source: county tax records.