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Renovated 27-Unit Apartment Building

1213 W Reservoir Avenue Central City, KY 42330

1213 W Reservoir Avenue, Central City, KY, 42330
$1,200,000
Pending
For Sale
$1,200,000
Pending

MULTI_FAMILY - Central City, KY

Lot Size1.90 Acres
Days on Market492

Property Features for 1213 W Reservoir Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
Standard status
Pending
Lot size
1.90 Acres

Building Details

Year built
1977
Number of units
27
Listing agency Keller Williams First Choice R
Listed by Jason Humble · License #216802
Added: Mar 17, 2025 Updated: Jun 24 at 3:28AM Checked: Jul 21 at 11:06AM
MLS# RA20251420

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. 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 for-sale apartment building offers 27 units set on approximately 1.9 acres. The property was renovated about six years ago, including exterior painting by the owners and replacement of a majority of the PTAC heat/air units. A coin laundry is available on site. The building’s rent structure is designed for practical expense separation, with tenants paying electric and the owner covering water, sewer, and trash. One roof has been replaced, and the building is currently described as 100% occupied with a consistent rental history.

Located at 1213 W Reservoir Avenue in Central City, Kentucky, the property sits in Muhlenberg County. The listing provides a residential income focus and does not note additional development details beyond the apartment configuration and on-site laundry.

For tenants, the mix of individual PTAC heating and cooling supports straightforward, unit-level comfort. For buyers, the combination of recent renovations, ongoing site improvements, and an existing occupied status may appeal to an operator seeking a managed rental property with defined utility responsibilities. The on-site coin laundry also provides an additional resident-access amenity referenced in the listing.

Key Highlights

  • 27‑unit investment property on approx. 1.9 acres, built in 1977
  • Renovated approx. 6 years ago, including exterior painting and replacement of a majority of PTAC heat/air units
  • Coin laundry on site for additional income

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Real Estate Agency Locksmith Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Renovated multifamily with coin laundry and many PTAC units; tenants pay electric while owner covers water and sewer.
Where is this apartment building located?
The property is located at 1213 W Reservoir Avenue Central City, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 27‑unit investment property on approx. 1.9 acres, built in 1977; Renovated approx. 6 years ago, including exterior painting and replacement of a majority of PTAC heat/air units; Coin laundry on site for additional income
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