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Four-Unit Quadplex Near Campus
For Sale
$534,000

1418 Michelle Drive, Murray, KY 42071

Residential Income, Murray, KY

Property Size4,400 SF
Lot Size0.37 Acres
Price / SF$121.36
Days on Market24

Property Features for 1418 Michelle Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 6
Full bathrooms 4
Half bathrooms 4
Rooms Bathroom 6, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 6, Bathroom 2, Bathroom 5, Bedroom 8, Bathroom 8, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 7, Bedroom 4, Bedroom 2, Bedroom 5
Elementary school North Calloway
Middle school Calloway Co
High school Calloway Co
Elementary school district Calloway - 114
Middle school district Calloway - 114
High school district Calloway - 114
Directions From Murray State University, turn right onto KY-121 S. In .2 miles turn left onto N 12th St. In .5 miles turn right onto Northwood Dr. In .4 miles turn left onto Michelle Dr. In 400ft the destination is on your left.
Subdivision 114 - Calloway County
Standard status Active
APN 041-T-0026
Size 4,400 SF
Lot size 0.37 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1994
Floors in Building 2
Number of units 4
Roof type Metal
Listing Agency: Benchmark Realty, LLC - Murray
Listed By: Jessica Canestrini · License #282347
Added: Aug 19 Changed: Sep 8 Last Checked: Sep 11 at 4:06PM
MLS# 26022513

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1994, this quadplex contains four individual apartments within a 4,400-square-foot building. Each residence includes two bedrooms and 1.5 bathrooms, creating a consistent unit configuration across the property. The building sits on a 0.3709-acre lot and is equipped with central air, heat-pump heating, and a metal roof.

The property is approximately 1.5 miles from Murray State University, placing the four-unit asset within convenient reach of campus as well as nearby shopping and dining. Its single-building layout provides an established multifamily configuration in Murray, Kentucky.

Key Highlights

  • Four 2‑bedroom, 1.5‑bath units in one quadplex
  • 4,400 square feet across the building
  • Approximately 1.5 miles from Murray State University

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

Demographics for 42071, KY

29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separate apartments under one roof create a multi-unit residential property near Murray State University.
Where is this quadplex located?
The property is located at 1418 Michelle Drive Murray, KY.
What is the asking price?
The asking price for this property is $534,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1.5‑bath units in one quadplex; 4,400 square feet across the building; Approximately 1.5 miles from Murray State University
More about this property
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