Apartment Building

Murray, KY Apartment Buildings for Sale

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Multifamily Property with Multiple Buildings
Updated: Sep 3
Multifamily Property with Multiple Buildings

1105 State Route 121, Murray, KY 42071

$995,000
12,448 sqft
Main building includes 24 potential bedrooms and two levels of shared residential space
Rear building provides 6 bedrooms, a kitchen, 2 bathrooms, and a central common area
Detached 4‑bed, 3‑bath house includes a basement and attached garage
Property includes a vacant lot between the existing buildings
Built in 2011 at 1105 State Route 121, Murray, KY 42071
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Multi-Building Apartment Property
Updated: Jun 1
Multi-Building Apartment Property

1105 Chestnut St, Murray, KY 42071

$995,000
12,448 sqft
12,448‑square‑foot property with a main building, rear building, and detached house
Main building includes 24 potential bedrooms and 4 bathrooms
Rear building provides 6 bedrooms, a kitchen, 2 bathrooms, and a central common area
Detached 4‑bed, 3‑bath house with basement and attached garage
Vacant lot between the buildings offers additional expansion or development area
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Murray, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

11-Unit Apartment Property
11-Unit Apartment Property

6708 Us-641, Gilbertsville, KY 42044

$525,000
9,000 sqft

Concrete-block apartment buildings offer multiple access points, parking, and a storage garage.

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Apartment Building With 11 Units
Apartment Building With 11 Units

6708 US-641, Gilbertsville, KY 42044

$525,000
9,000 sqft 2.55 AC lot

Brick multifamily property with varied unit layouts, current tenants, highway access, and on-site storage.

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Renovated 28-Unit Apartment Building
Renovated 28-Unit Apartment Building

303 S Poplar St, Paris, TN 38242

$1,800,000

Substantially renovated 28-unit multifamily property with studios, one-bedroom, and two-bedroom units plus additional rear land.

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8-Unit Apartment Building Portfolio
8-Unit Apartment Building Portfolio

1299 E Wood St, Paris, TN 38242

Contact for pricing

Multi-parcel offering combines an apartment building, a commercial-zoned home, and additional land in Paris, Tennessee.

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Murray, KY Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Murray, KY on our real estate platform. These investment opportunities span a total of 24,896 square feet of properties for sale, with an estimated market value of $1,990,000.

Sale prices for two-family homes in Murray, KY average $995,000 — 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 31K
Population Growth (5Y) -2.7%
Median Household Income $48,976
College Educated 50.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
42071 $995K

Taxes & Financing

Tax Rate (average for all types) 0.67%
Property Tax per SF $5.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Calloway County

New Delisted

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