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    1105 State Route 121 N Murray, KY 42071

    For Sale
    $1,399,000

    Five Or More - Murray, KY

    Days on Market:
    28
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 1105 State Route 121 N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Interior features
    Separate Shower, Security System, Smoke Alarm, Circuit Breakers

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Flooring type
    Carpet, Tile, Tile - Ceramic, Wood
    Building materials
    Brick, Vinyl Siding
    Architectural style
    Other

    Keller Williams Experience Realty (270) 753-1492 [email protected], [email protected]

    Listing agent Crystal McCoy (270) 753-1492 License #265680

    Listing date Nov 8, 2025

    MLS# 126357 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Housing Opportunity in Murray

    This multi-family housing opportunity is located in Calloway County. The property, formerly used as college housing, presents potential for conversion into student or single-person accommodations. The main building includes 24 potential bedrooms, most of which have closets. The downstairs area features a full kitchen, 2 bathrooms, bedrooms, and communal living and dining areas. The upstairs area contains additional bedrooms, two baths, a kitchenette, and common spaces. A rear building provides 6 more bedrooms, a kitchen, two bathrooms, and a central common area. Additionally, there is a detached house with 4 bedrooms, 3 bathrooms, a basement, and an attached garage, offering the flexibility to rent by room or as a whole. A vacant lot is situated between the buildings, allowing for further expansion or development. This property is ideal for income generation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kingdom Services, Administrator ... Financial Institution

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.313876
    Latitude
    36.617028

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    FAQs

    What type of property is this?
    Apartment building - Multi-family property with conversion potential in Calloway County.
    Where is this apartment building located?
    The property is located at 1105 State Route 121 N Murray, KY.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: - High-Capacity Multi-Family Property: Boasting 34 bedrooms across multiple buildings, perfect for student or single-person housing.; - Income Generation Potential: Ready for immediate rental income with existing infrastructure and multiple units.; - Detached 4-Bed, 3-Bath House: Offers flexible rental options with a basement and attached garage.
    (270) 753-1492
    Request Owner's contact information
    1105 State Route 121 N Murray, KY 42071
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    Murray, KY 42071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1105 State Route 121 N Murray, KY 42071
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