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    Morehead, KY
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    Morehead, KY Apartment Buildings for Sale

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    Salt Lick, KY Hillsboro, KY Owingsville, KY
    48-Unit Multifamily Investment Opportunity
    $3,500,000
    37,386 SF
    48-Unit Multifamily Investment Opportunity

    300 Pine Ridge Drive, Morehead, KY 40351

    Multifamily property with stable demand and peaceful natural setting.
    • 48‑unit multifamily property offering scale and investment potential.
    • Consistent occupancy potential and dependable income streams through HUD housing.
    • Balanced unit mix with one, two, and three‑bedroom units to support diversified rental demand.
    • Peaceful, private setting on 4 acres surrounded by 36 wooded acres.
    • On‑site amenities include a dedicated management office and tenant laundry facility.
    Updated: Feb 5
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    Student Housing Community Near MSU
    $12,535,000
    Student Housing Community Near MSU

    101 Lois Lane, Morehead, KY 40351

    Stabilized student housing community near Morehead State University.
    • High‑performing asset with a current NOI of $962,004 and a 7.67% cap rate, offered at $12,535,000, with a projected 10%+ cash‑on‑cash return for year 1.
    • Fully stabilized, 110‑unit purpose‑built student housing community serving Morehead State University.
    • Significant recent upgrades totaling $2.55M+, including new roofing, HVAC systems, appliances, parking lots, plumbing, lighting, flooring, and interior finishes.
    • Proven demand and strong leasing performance supported by MSU's enrollment and limited competition in the market.
    • Achieves an average rent of $1,005 per unit, positioning the property at the top of the local student housing market.
    Updated: Mar 5
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Morehead, 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.

    Mixed-Use Building in Winchester, KY
    $750,000
    6,110 SF
    Mixed-Use Building in Winchester, KY

    Two-story building with office, apartments, and ample parking.

    218 S Maple Street, Winchester, KY 40391

    View details
    Winchester Multifamily and Office Investment
    $1,575,000
    26,124 SF
    Winchester Multifamily and Office Investment

    Historical landmark with 18 apartments and 2 offices.

    2 N Main Street, Winchester, KY 40391

    View details
    Mixed-Use Property in Maysville, KY
    $105,000
    3,050 SF
    Mixed-Use Property in Maysville, KY

    Mixed-use property with storefront and apartments in Maysville, KY.

    1030 Forest Avenue, Maysville, KY 41056

    View details
    Mixed-Use Property in Maysville, KY
    $105,000
    3,050 SF
    Mixed-Use Property in Maysville, KY

    Mixed-use property with storefront and apartments in Maysville, KY.

    1030 Forest Avenue, Maysville, KY 41056

    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
    $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

    View details
    Greenville Development Opportunity: 1.33 Acres
    $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

    View details
    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

    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details

    Off-Market Properties in Morehead, KY

    Consider similar Off-Market properties in Morehead, 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.

    9425 Brown Ridge Rd
    Individual retail properties
    5,568 SF Lot: 1.84 Acres
    Value Estimation by Request

    9425 Brown Ridge Rd, Morehead, KY 40351

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    Morehead, KY Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Morehead, KY on our real estate platform. These investment opportunities span a total of 37,386 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for two-family homes in Morehead, KY start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — 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 22K
    Population Growth (5Y) +4.9%
    Median Household Income $51,110
    College Educated 40.7%

    High-Yield Neighborhoods for Investment

    Identify Morehead submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    40351 $8M

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $5.20 per sq ft
    Average Loan-to-Value 65.0%

    Total CRE Area on Market Trend

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