Central City, KY Apartment buildings for sale

Updated: Mar 17, 2025

Renovated 27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

1.90 AC lot

27‑unit multifamily property on approx. 1.9 acres, renovated approx. 6 years ago
Gross income reported as approximately $174,000 per year; consistent rental history with units staying rented
Coin laundry on‑site for additional income
Tenants pay electric; owners pay water, sewer, and trash
Year built 1977; owners painted the exterior and replaced a majority of the PTAC heat/air units

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Based on your search, we've compiled 10 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Owensboro Multifamily Apartment Complex

2916 Veach Road, Owensboro, KY 42303

$3,900,000

3.82 AC lot

50-unit apartment complex with expansion potential in Owensboro, Kentucky.

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Multifamily Apartment Complex For Sale

101 Longview Drive, Russellville, KY 42276

$3,350,000

3.00 AC lot

For-sale apartment complex on a 3-acre lot in Russellville, Kentucky.

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16-Unit Multifamily Investment

5312/5294 Bakers Springs Street, Bowling Green, KY 42101

$2,340,000

0.56 AC lot

New 2025 construction featuring 16 open-concept units with contemporary interiors and low-maintenance finishes.

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Four-Building Townhome Community

1956 STONEHENGE AVE, Bowling Green, KY 42101

Contact for pricing

26-unit multifamily community in four buildings with townhome and one- and two-bedroom unit mix, fully occupied.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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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.

HIGH-RISE APARTMENTS

508 Broad St, Central City, KY 42330-1566

Value Estimation by Request

6,360 sqft

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Central City, KY Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Central City, KY on our real estate platform.

Sale prices for two-family homes in Central City, KY average $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
42330	$1.2M

Neighborhood

Average Price

42330

$1.2M

Central City, KY Apartment Buildings for Sale

1213 W Reservoir Avenue, Central City, KY 42330