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    6708 Us Highway 641 N Gilbertsville, KY 42044

    For Sale
    $550,000

    1 Story, Five Or More - Gilbertsville, KY

    Days on Market:
    74
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 6708 Us Highway 641 N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Closet Light(s), Smoke Alarm
    Appliances
    Refrigerator

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet, Linoleum, Vinyl
    Building materials
    Block, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    Carter Realty Group, LLC (502) 974-8464

    Listing agent Vince Carter (270) 908-0020 License #213475

    Listing date Sep 23, 2025

    MLS# 133634 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

    Income Property Near Kentucky Lake

    This income-producing property features 11 units situated on over 2.5 acres. The property is located minutes from lake access, Kentucky Dam Village Park, and interstate access. It benefits from high visibility, two access points off the highway, and ample road frontage, as well as a storage garage. The units range in size from 3-bedroom apartments to 1-bedroom studio apartments. Constructed of concrete block, the property offers multiple parking options. The property is currently tenant-occupied, but has potential as a lake area Airbnb.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Spa & Massage Wholesale Shop Hair Salon Nail Salon Gym & Fitness Hotel & Motel Skin Care Clinic Storage Facility Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilbertsville
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.296906
    Latitude
    36.967165

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    FAQs

    What type of property is this?
    Apartment building - Eleven units on 2.5 acres near Kentucky Lake.
    Where is this apartment building located?
    The property is located at 6708 Us Highway 641 N Gilbertsville, KY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - High income-producing property with 11 units.; - Located on over 2.5 acres.; - Minutes from lake access and KY Dam Village Park.
    (270) 908-0020
    Request Owner's contact information
    6708 Us Highway 641 N Gilbertsville, KY 42044
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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
    6708 Us Highway 641 N Gilbertsville, KY 42044
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