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    Clay City, KY
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    Clay City, KY Apartment Buildings for Sale

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    8-Unit Multifamily Income Property
    Updated: Jul 31
    8-Unit Multifamily Income Property

    2885 Main Street, Clay City, KY 40312

    $410,000
    1,920 sqft 3.00 AC lot
    Eight rental units across a triplex, house, and four manufactured homes
    Approximately 3 acres with a country, park‑like setting and mature shade trees
    Newer septic systems on the property
    Updated units with modern flooring and upgraded appliances
    Heating includes natural gas forced air and electric heating
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Clay City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    8-Unit Apartment Building
    8-Unit Apartment Building

    388 Redding Road, Lexington, KY 40517

    $959,900
    7,300 sqft 0.27 AC lot

    Fully occupied 8-unit building with recent exterior and electrical improvements and month-to-month tenant leases.

    View details
    Luxury Chevy Chase Multifamily Property
    Luxury Chevy Chase Multifamily Property

    319 Duke Rd, Lexington, KY 40502

    $5,100,000
    23,216 sqft

    High-end 24-unit property in Lexington's desirable Chevy Chase neighborhood.

    View details
    Three Duplex Residential Income
    Three Duplex Residential Income

    156 Hager Avenue, Richmond, KY 40475

    $660,000
    2,400 sqft 0.17 AC lot

    Three duplexes sold as-is, each with individual basements, laundry hookups, and rear decks.

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    Downtown Richmond Mixed-Use Opportunity
    Downtown Richmond Mixed-Use Opportunity

    204-206 S 3rd Street, Richmond, KY 40475

    $579,000
    9,763 sqft 0.19 AC lot

    Mixed-use property with commercial income and residential upside.

    View details

    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
    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
    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.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Clay City, KY Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Clay City, KY on our real estate platform. These investment opportunities span a total of 1,920 square feet of properties for sale, with an estimated market value of $410,000.

    Sale prices for two-family homes in Clay City, KY average $410,000 — 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 6,156
    Population Growth (5Y) +28.7%
    Median Household Income $38,081
    College Educated 20.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.79%
    Property Tax per SF $13.30 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Powell County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Powell County

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