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8-Unit Apartment Building
For Sale
$450,000

303 S Carol Malone Blvd., Grayson, KY 41143

Two-level multifamily property with assigned off-street parking and all apartments currently rented.

Property SizeContact for details
Days on Market10

Property Features for 303 S Carol Malone Blvd.

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Additional Details

Road Access Yes

Building Details

Buildings 1
Stories 2
Listing Agency: Ross Real Estate Services
Listed By: Alison Christie
Source: Alisonchristie.idxbroker
Added: Sep 2 Changed: Sep 8 Last Checked: Sep 10 at 5:22AM

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 Ross Real Estate Services

Investment Insights

Based on property information with market context.

This two-level apartment building contains eight one-bedroom, one-bath apartments, with five units on the upper level and three on the lower level. Each apartment includes assigned off-street parking, and all eight units are currently rented.

The upper apartments front on 252 Hord Street, while the lower-level units front on 303 S Carol Malone Boulevard in Grayson, Kentucky. The two-address configuration provides separate frontage for the building’s upper and lower residential sections.

Key Highlights

  • 8 total apartments, including 5 upper‑level units and 3 lower‑level units
  • Each apartment has 1 bedroom and 1 bath
  • Two‑level apartment building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service

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

8
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 41143, KY

14,153
Population
6,083
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
84%
High-School Grad
193.5 sq mi
ZIP Area
73
Density / Sq Mi
$48,485
Median Household Income
$32,974
Median Earnings
$688
Median Rent
$141,200
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 - Two-level multifamily property with assigned off-street parking and all apartments currently rented.
Where is this apartment building located?
The property is located at 303 S Carol Malone Blvd. Grayson, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 8 total apartments, including 5 upper‑level units and 3 lower‑level units; Each apartment has 1 bedroom and 1 bath; Two‑level apartment building
More about this property
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