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Wooded Multifamily Property with Guest House
For Sale
$1,200,000

1429 Brush Creek Road, Clay City, KY 40312

Business Opportunity, Clay City, KY

Property Size11,378 SF
Lot Size32.00 Acres
Price / SF$105.47
Days on Market150

Property Features for 1429 Brush Creek Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Downtown
Directions Take exit 16 for KY-15 toward KY-11/KY-82/Clay City/Mt Steriling 0.2 mi Turn left onto KY-15 N/Main St 0.1 mi Turn right at the 1st cross street onto KY-15 N/Winchester Rd 3.1 mi Turn right onto Brush
Standard status Active
Size 11,378 SF
Lot size 32.00 Acres

Utilities

Utilities Propane
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1991
Listing Agency: Berkshire Hathaway HomeServices Foster Realtors · Prudential Real Estate
Listed By: Ashley Schirmer
Added: Apr 29 Changed: Sep 10 Last Checked: Sep 25 at 10:06PM
MLS# 26009850

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.

Set on approximately 32 wooded acres, this multifamily property contains 11,378 square feet of interior space and was built in 1991. The main structure offers 10 bedrooms, 10 bathrooms, and a finished basement, along with two dedicated office spaces. Additional improvements include a detached guest house and two upstairs units configured for occupancy or rental use. Reinforced flooring systems and handicap-accessible design elements are incorporated into the property, while central air cooling and natural-gas heating serve the improvements.

Located at 1429 Brush Creek Road in Clay City, Kentucky, the property provides a large acreage setting with room for parking, outdoor functionality, or additional structures. Propane utilities are also present. Its combination of residential units, office areas, accessory improvements, and substantial wooded land supports multifamily, lodging, workforce housing, or mixed-use applications subject to applicable zoning and approvals.

Key Highlights

  • Approximately 32 wooded acres
  • 11,378 square feet of total interior space
  • Main structure includes 10 bedrooms and 10 bathrooms

Property Analytics

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Current Use

Multifamily properties

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 40312, KY

6,010
Population
2,748
Households
2.2
Avg Household Size
40
Median Age
15%
College-Educated
77%
High-School Grad
56.9 sq mi
ZIP Area
106
Density / Sq Mi
$38,081
Median Household Income
$35,050
Median Earnings
$710
Median Rent
$148,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - Flexible multifamily compound with a finished basement, separate offices, additional living units, and natural-gas heating.
Where is this multifamily property located?
The property is located at 1429 Brush Creek Road Clay 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: Approximately 32 wooded acres; 11,378 square feet of total interior space; Main structure includes 10 bedrooms and 10 bathrooms
More about this property
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