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119 Fifth Avenue, Clay City, KY, 40312
Triplex Income Property with 3 Units

119 Fifth Avenue Clay City, KY 40312

For Sale
$360,000

MULTI_FAMILY - Clay City, KY

Property Size2,784 SF
Lot Size0.15 Acres
Price / SF$129.31
Days on Market50

Property Features for 119 Fifth Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 5
Rooms Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Laundry Room, Bathroom 5, Bathroom 2, Bathroom 3
Standard status Active
APN OC1-00-14-001.00
Size 2,784 SF
Lot size 0.15 Acres

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1994
Number of units 3
Roof type Shingle
Listing Agency: Napier Realtors
Listed By: Vanessa D Crowe · License #216725
Added: Jun 8 Changed: Jul 17 Last Checked: Jul 27 at 3:06PM
MLS# 26013214

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 triplex income property includes three spacious units. Two units feature 2 bedrooms and 1 bathroom, while the third unit offers 3 bedrooms and 3 bathrooms. Two of the units are currently rented, and one unit has recently been vacated and is available for showings. Updates reported within the past two years include new HVAC systems in two units, along with rear 8 x 10 decks. The roof was replaced approximately nine years ago, and a new blacktop parking lot has been installed for the triplex tenants.

The property is located at 119 Fifth Avenue in Clay City, Kentucky (Powell County). The seller notes easy access to schools, professional offices, restaurants, and the Bert T Combs Mt Parkway, with the Red River Gorge reached within minutes and Lexington roughly 45 minutes away via I-75.

This configuration can suit buyers looking for an owner-occupant or multi-unit rental setup, with income already in place through the two currently leased units. Because one unit is open for showings, prospective buyers can view the available space promptly, with scheduling requiring 48 hours’ notice to notify tenants in the two occupied units. Showings can be arranged with proof of funds or a lender pre-approval letter.

Key Highlights

  • Triplex with 3 units: two units feature 2 bed/1 bath, and the third unit features 3 bed/3 bath
  • Two units are currently rented; one unit was recently vacated and is open for showings
  • Updates within the past two years include new HVAC systems for two units and rear 8 x 10 decks

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Skin Care Clinic

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with two-bedroom units plus a larger three-bedroom unit, including one unit currently open for showings.
Where is this triplex located?
The property is located at 119 Fifth Avenue Clay City, KY.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Triplex with 3 units: two units feature 2 bed/1 bath, and the third unit features 3 bed/3 bath; Two units are currently rented; one unit was recently vacated and is open for showings; Updates within the past two years include new HVAC systems for two units and rear 8 x 10 decks
More about this property
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