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Central City, KY Apartment Buildings for Sale

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Central City Multifamily Investment Property
$1,200,000
1.90 Acres

Central City Multifamily Investment Property

1213 W Reservoir Ave, Central City, KY 42330

27-unit multifamily property generating approximately $174,000 gross annually.

  • High cash flowing investment property: Generates approximately $174,000 gross annually.
  • 27 Units on Approximately 1.9 Acres: Substantial property size with multiple income streams.
  • Renovated Approximately 6 Years Ago: Modernized units attract tenants and reduce maintenance.
  • Majority of PTAC Heat/Air Units Replaced: Updated HVAC systems improve tenant comfort and reduce energy costs.
  • 100% Occupied with Consistent Rental History: Demonstrates strong demand and reliable income.
Last Update: May 14
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Central City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Income-Producing Property with Expansion Potential
$1,049,000
8.90 Acres

Income-Producing Property with Expansion Potential

Multi-use property with storage units, apartment, and expansion potential.
1810 Lewisburg Rd, Russellville, KY 42276
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Russellville, KY Multi-Family Investment
$3,350,000
3.00 Acres

Russellville, KY Multi-Family Investment

Well-maintained apartment complex in Russellville, Kentucky, offering investment potential.
101 Longview Dr, Russellville, KY 42276
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Income-Producing 40-Unit Apartment Complex
$2,600,000

Income-Producing 40-Unit Apartment Complex

Fully stabilized apartment complex with consistent rent roll and strong demand.
1001 W Parrish Ave, Owensboro, KY 42301
View details
Downtown Investment Property with Multiple Streams
$1,350,000

Downtown Investment Property with Multiple Streams

Turnkey bar, office space, and luxury apartment in Owensboro.
119 East 2Nd St, Owensboro, KY 42303
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Explore Off-Market Properties in Central City, KY

Consider similar Off-Market properties in Central City, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

508 Broad St

508 Broad St

HIGH-RISE APARTMENTS • 6,360 SF
Value Estimation by Request
508 Broad St, Central City, KY 42330-1566
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Central City, KY Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Central City, KY on our real estate platform. These investment opportunities span a total of 82,764 square feet of properties for sale, with an estimated market value of $1,200,000.

Prices for two-family homes in Central City, KY start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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