Remodeled Multifamily
For Sale
$595,000
1611 Olive, Murray, KY 42071
Multi-Family, Murray, KY
Property SizeContact for details
Days on Market99
Property Features for 1611 Olive
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Laundry Room
Interior features
Closet Light(s), Ceiling Fan(s), Washer/Dryer Hookup, Circuit Breakers
Exterior features
Paved Drive, Sidewalks
Lot features
Corner Lot, In City Limits
Elementary school
Calloway/Murray-VERIFY
Middle school
Calloway/Murray-VERIFY
High school
Calloway/Murray-VERIFY
Directions
Heading south on 641 turn left on Main. Turn right on 18th street. Turn right on Olive. House on corner of Olive and Broach.
Subdivision
Calloway
Standard status
Active
Utilities
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Frame
Roof type
Metal
Listing Agency:
Keller Williams Experience Realty · Keller Williams Realty
(270) 753-1492
Listed By:
Earleene Woods · License #186583
(270) 713-9040
Added: May 21
Changed: Aug 19
Last Checked: Aug 27 at 7:06AM
MLS# 137039
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This multifamily property was gutted and remodeled by the current owner during 2021-2022. The building has frame construction, a metal roof, central air, circuit breakers, ceiling fans, and closet lighting. A laundry room with washer and dryer hookups is included, along with paved drive access and sidewalks.
The property is located at 1611 Olive in Murray, Kentucky, across the street from Murray State campus on two sides. Public water serves the property, and current occupancy is 100%.
The property is located at 1611 Olive in Murray, Kentucky, across the street from Murray State campus on two sides. Public water serves the property, and current occupancy is 100%.
Key Highlights
- Gutted and remodeled by the current owner during 2021‑2022
- Currently 100% occupied
- Across the street from Murray State campus on 2 sides
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied property with central air, laundry facilities, paved drive, and sidewalk access.
Where is this multifamily property located?
The property is located at 1611 Olive Murray, KY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Gutted and remodeled by the current owner during 2021‑2022; Currently 100% occupied; Across the street from Murray State campus on 2 sides
