Multifamily Property with Multiple
New
For Sale
$995,000
1105 State Route 121, Murray, KY 42071
Former college housing includes shared living areas, kitchens, bedrooms, and a separate house with flexible occupancy options.
Property Size12,448 SF
Price / SF$79.93
Days on Market2
Property Features for 1105 State Route 121
General Information
Standard status
Active
Size
12,448 SF
Property subtype
Multi-Family
Amenities
communal living/dining areas
common spaces
central common area
Building Details
Year Built
2011
Listing Agency:
Keller Williams Experience - Paducah
Listed By:
Lake Cumberland Real Estate Professional
(606) 677-0059
Source:
Lakecumberlandky
Added: Sep 5
Last Checked: Sep 5 at 6:31AM
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 multifamily property comprises a main building, a rear building, and a detached house constructed in 2011. The main structure contains 24 potential bedrooms, two bathrooms and a full kitchen on the lower level, plus additional bedrooms, two bathrooms, a kitchenette, and common areas upstairs. The rear building adds six bedrooms, a kitchen, two bathrooms, and a central shared area. A separate four-bedroom, three-bath house includes a basement and attached garage, providing a distinct residential component.
Formerly used as college housing, the property includes a vacant lot between the buildings that may support future expansion or development. The address is 1105 State Route 121 in Murray, Kentucky, within Calloway County. Existing layouts include communal living and dining areas along with bedroom spaces, closets, kitchens, and bathrooms across the improvements.
Formerly used as college housing, the property includes a vacant lot between the buildings that may support future expansion or development. The address is 1105 State Route 121 in Murray, Kentucky, within Calloway County. Existing layouts include communal living and dining areas along with bedroom spaces, closets, kitchens, and bathrooms across the improvements.
Key Highlights
- Main building includes 24 potential bedrooms and two levels of shared residential space
- Rear building provides 6 bedrooms, a kitchen, 2 bathrooms, and a central common area
- Detached 4‑bed, 3‑bath house includes a basement and attached garage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
894
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Former college housing includes shared living areas, kitchens, bedrooms, and a separate house with flexible occupancy options.
Where is this apartment building located?
The property is located at 1105 State Route 121 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: Main building includes 24 potential bedrooms and two levels of shared residential space; Rear building provides 6 bedrooms, a kitchen, 2 bathrooms, and a central common area; Detached 4‑bed, 3‑bath house includes a basement and attached garage
