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Multi-Building Apartment Property
For Sale
$995,000
Pending

1105 Chestnut St, Murray, KY 42071

Former college housing includes shared living areas, kitchens, bathrooms, and a separate house with flexible occupancy options.

Property Size12,448 SF
Days on Market104

Property Features for 1105 Chestnut St

General Information

Standard status Pending
Size 12,448 SF
Property subtype Residential Income

Building Details

Buildings 3
Listing Agency: Keller Williams Experience - Paducah
Listed By: Crystal McCoy · License #265680
Source: Exprealty
Added: Jun 1 Changed: Sep 11 Last Checked: Sep 12 at 12:11PM

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 Keller Williams Experience - Paducah

Investment Insights

Based on property information with market context.

This apartment property at 1105 Chestnut St includes a 12,448-square-foot main building, a rear residential building, and a detached house. The main structure offers 24 potential bedrooms, with closets installed in most rooms, along with a full kitchen, 2 bathrooms, communal living and dining areas, an upstairs kitchenette, additional common space, and 2 more bathrooms. The rear building contributes 6 bedrooms, a kitchen, 2 bathrooms, and a central common area.

A detached 4-bed, 3-bath house includes a basement and attached garage. The house can be occupied by room or as a whole, while the existing buildings provide multiple shared-use areas and kitchen facilities. A vacant lot between the structures provides additional property area for expansion or development. The property is located in Murray, Kentucky, in Calloway County.

Key Highlights

  • 12,448‑square‑foot property with a main building, rear building, and detached house
  • Main building includes 24 potential bedrooms and 4 bathrooms
  • Rear building provides 6 bedrooms, a kitchen, 2 bathrooms, and a central common area

Property Analytics

Current Use

United States Postal ... Post Office

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Big Box & Wholesale Store Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

894
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Former college housing includes shared living areas, kitchens, bathrooms, and a separate house with flexible occupancy options.
Where is this apartment building located?
The property is located at 1105 Chestnut St Murray, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 12,448‑square‑foot property with a main building, rear building, and detached house; Main building includes 24 potential bedrooms and 4 bathrooms; Rear building provides 6 bedrooms, a kitchen, 2 bathrooms, and a central common area
More about this property
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