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    Central City, KY Apartment Buildings for Sale

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    Powderly, KY Greenville, KY Beech Creek, KY Drakesboro, KY Bremen, KY Beaver Dam, KY Graham, KY Beechmont, KY
    27-Unit Apartment Building
    Updated: Mar 17, 2025
    27-Unit Apartment Building

    1213 W Reservoir Avenue, Central City, KY 42330

    $1,200,000
    1.90 AC lot
    27 units on approximately 1.9 acres
    Renovated approximately 6 years ago
    100% occupied with consistent rental history
    Majority of PTAC heat/air units replaced
    On‑site coin laundry
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    27-Unit Apartment Building
    Updated: Apr 10, 2025
    27-Unit Apartment Building

    1213 W Reservoir Avenue, Central City, KY 42330

    $1,200,000
    17,000 sqft
    27 units across approximately 1.9 acres
    17,000 SF apartment property built in 1977
    Renovated approximately 6 years ago
    Majority of PTAC heat/air units replaced; exterior painted
    Coin laundry on site
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    27-Unit Apartment Building
    27-Unit Apartment Building

    1213 W Reservoir Avenue #1215 and 1217, Central City, KY 42330

    $1,200,000
    1.90 AC lot

    On-site coin laundry serves residents, and tenants are responsible for electric service.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 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

    Opportunities in Nearby Cities

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

    50-Unit Apartment Building
    50-Unit Apartment Building

    2916 Veach Road, Owensboro, KY 42303

    $3,500,000
    3.82 AC lot

    Two-story complex with one-, two-, and three-bedroom units, washer and dryer hookups, and central air conditioning.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    800 Daviess St, Owensboro, KY 42303

    $300,000

    Apartments span the first and second floors, with coin-operated laundry and a half bath in the basement.

    View details
    Apartment Building with Parking Lot
    Apartment Building with Parking Lot

    101 Longview Drive, Russellville, KY 42276

    $3,350,000
    3.00 AC lot

    Well-maintained multifamily property on three acres with a metal roof and on-site parking.

    View details
    1980 Apartment Building
    1980 Apartment Building

    101 Longview Drive, Russellville, KY 42276

    $3,350,000

    Apartment property with hot-water service and master-metered utilities in Russellville.

    View details

    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
    HIGH-RISE APARTMENTS

    508 Broad St, Central City, KY 42330-1566

    Estimated value:
    $565,000
    6,360 sqft
    View details

    Central City, KY Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Central City, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 17,000 square feet of properties for sale, with an estimated market value of $3,600,000.

    Sale prices for apartment complexes 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.

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    Demographics Overview

    Population 9,354
    Population Growth (5Y) +4.4%
    Median Household Income $47,904
    College Educated 11.2%

    High-Yield Neighborhoods for Investment

    Identify Central City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    42330 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.96%
    Property Tax per SF $11.70 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Muhlenberg County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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