Central City, KY Apartment buildings for sale

$1,200,000

1.90 Acres

Renovated 27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

Renovated multifamily with coin laundry and many PTAC units; tenants pay electric while owner covers water and sewer.

27‑unit investment property on approx. 1.9 acres, built in 1977
Renovated approx. 6 years ago, including exterior painting and replacement of a majority of PTAC heat/air units
Coin laundry on site for additional income
Reported approx. $174,000/year gross income
Tenants pay electric; owners pay water, sewer, and trash

Updated: Mar 17, 2025

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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.

$1,500,000

1.12 Acres

New Eight-Unit Multifamily Investment

New 8-plex near town with strong rental income potential.

338 Hillview Mills, Bowling Green, KY 42101

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$3,350,000

3.00 Acres

Well-Maintained Apartment Complex

For sale apartment complex on a 3-acre lot, offered as a residential income property in Russellville, KY.

101 Longview Drive, Russellville, KY 42276

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$449,000

0.30 Acres

Multifamily Building With New Roof

Multifamily property offered with a new roof planned prior to sale or buyer concessions in lieu.

102 E Second Street, Russellville, KY 42276

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$4,880,000

39,131 SF

Bowling Green Multifamily Investment

40-unit apartment complex in Bowling Green, Kentucky.

314 Audley Ave, Bowling Green, KY 42101

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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.

$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

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

71 Salters Road, Greenville, SC 29607

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$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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Multifamily Development Opportunity in Charlotte

$559,700

0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215

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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

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 0 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale 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 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