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Duplex with Central HVAC
New
For Sale
$205,000

1003 Northwood Dr, Murray, KY 42071

Fully leased two-unit property with R-4 Multi-Family zoning and separate central HVAC systems.

Property Size1,792 SF
Price / SF$114.40
Days on Market4

Property Features for 1003 Northwood Dr

General Information

Standard status Active
Size 1,792 SF
Property subtype Multi-Family
Zoning R-4
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 1980
Listing Agency: Kopperud Realty
Listed By: Brittany Marchetti · License #217609
Source: Centralkentuckyhouses
Added: Aug 30 Changed: Sep 1 Last Checked: Sep 1 at 10:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kopperud Realty

Investment Insights

Based on property information with market context.

This duplex contains 1,792 square feet arranged as two residential units, with each unit offering two bedrooms and one full bathroom. Both units have separate central HVAC systems, and the roof was replaced in 2022. The property was built in 1980 and is served by all-electric utilities, city water, sewer, and trash service.

Located at 1003 Northwood Dr in Murray, the property is north of Murray and near Murray State University. R-4 Multi-Family zoning supports its existing residential configuration. Both units are occupied, with leases in place through June 30, 2027, providing established tenancy for the next owner. Showings require 24-hour notice.

Key Highlights

  • 1,792‑square‑foot duplex with two bedrooms and one full bathroom per unit
  • 100% occupied with leases in place through June 30, 2027
  • R‑4 Multi‑Family zoning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Barber Shop 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

2
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

259
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Fully leased two-unit property with R-4 Multi-Family zoning and separate central HVAC systems.
Where is this duplex located?
The property is located at 1003 Northwood Dr Murray, KY.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 1,792‑square‑foot duplex with two bedrooms and one full bathroom per unit; 100% occupied with leases in place through June 30, 2027; R‑4 Multi‑Family zoning
More about this property
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