Multifamily Property with Multiple
For Sale
$1,950,000
939 Piedmont Street, Morehead, KY 40351
Residential Income, Morehead, KY
Property Size15,613 SF
Lot Size17.00 Acres
Price / SF$124.90
Days on Market72
Property Features for 939 Piedmont Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
R-3 (High Density Residential)
Bedrooms
34
Bathrooms
17
Full bathrooms
17
Rooms
Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 27, Bedroom 4, Bedroom 5, Bedroom 15, Bathroom 2, Bedroom 34, Bedroom 33, Bathroom 15, Bedroom 14, Bedroom 21, Bedroom 24, Bathroom 10, Bathroom 6, Bathroom 14, Bathroom 17, Bedroom 18, Bedroom 16, Bedroom 9, Bathroom 16, Bedroom 23, Bedroom 13, Bathroom 9, Bedroom 12, Bedroom 8, Bedroom 32, Bathroom 12, Bathroom 11, Bedroom 26, Bedroom 22, Bathroom 5, Bathroom 7, Bathroom 8, Bathroom 13, Bedroom 11, Bedroom 29, Bedroom 25, Bedroom 30, Bedroom 17, Bedroom 19, Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 20, Bedroom 31, Bathroom 4, Bathroom 1, Bedroom 28, Bedroom 10
Subdivision
City Limits
Elementary school
Rodburn
Middle school
Rowan Co
High school
Rowan Co
Elementary school district
Rowan County - 61
Middle school district
Rowan County - 61
High school district
Rowan County - 61
Directions
From Morehead, take E. Main st., to Tolliver Rd, then left of Piedmont.
Standard status
Active
APN
080-30 00 074.01
Size
15,613 SF
Lot size
17.00 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Floors in Building
2
Number of units
16
Roof type
Composition
Listing Agency:
C Roger Lewis Agency
(606) 784-4168
Listed By:
Mark Lewis · License #175630
7844168
Added: Jul 13
Changed: Sep 12
Last Checked: Sep 22 at 12:06PM
MLS# 26018069
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.
This multifamily property includes 2 tri-plex units, 2 four-plex units, one single-family dwelling, and a ranch dwelling configured with a main-level unit and basement apartment. The improvements total 15,613 square feet across 17 acres. Heat pump systems provide heating and cooling, while composition roofing serves the buildings. Recent repairs and updates have been completed throughout the property.
The property is located near Morehead State University in Morehead, Kentucky. All units are reported occupied, with no vacancies noted. The portfolio includes a broad mix of residential layouts across its multiple structures, supporting a diversified multifamily configuration.
The property is located near Morehead State University in Morehead, Kentucky. All units are reported occupied, with no vacancies noted. The portfolio includes a broad mix of residential layouts across its multiple structures, supporting a diversified multifamily configuration.
Key Highlights
- 17‑acre multifamily property with 15,613 square feet of improvements
- 2 tri‑plex units and 2 four‑plex units
- Includes one single‑family dwelling and a ranch dwelling with a main‑level unit and basement apartment
Property Analytics
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Current Use
Lease Details
17
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Explore this area
Business Placement
Demographics for 40351, KY
22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied multifamily portfolio with varied residential configurations and documented maintenance updates.
Where is this multifamily property located?
The property is located at 939 Piedmont Street Morehead, KY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 17‑acre multifamily property with 15,613 square feet of improvements; 2 tri‑plex units and 2 four‑plex units; Includes one single‑family dwelling and a ranch dwelling with a main‑level unit and basement apartment
