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Occupied Four-Unit Quadplex
For Sale
$100,000

1602 Dodson Street, Murray, KY 42071

Residential Income, Murray, KY

Property Size400 SF
Lot Size0.21 Acres
Price / SF$250
Days on Market51

Property Features for 1602 Dodson Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-2
Zoning description Grandfathered in as multi-family
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Subdivision Rural
Elementary school Murray
Middle school Murray
High school Murray Independent
Elementary school district Murray Independent
Middle school district Murray Independent
High school district Murray Independent
Directions From 12th and Main Street go North. Take a left onto Chestnut. Slight Right onto Coldwater Road. Make a left on Dodson.
Standard status Active
APN 001-0-0008-00011
Size 400 SF
Lot size 0.21 Acres

Utilities

Heating system Electric (Heating), Space Heater
Cooling system Window Unit(s)

Building Details

Floors in Building 2
Number of units 4
Listing Agency: Keller Williams Experience - Murray · Keller Williams Realty
Listed By: Carrie Armstrong · License #218287
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 25 at 3:06PM
MLS# 26016352

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 R-2 quadplex contains four occupied units arranged across two levels, with two residences upstairs and two on the lower level. Each unit offers an open-concept living and kitchen area, one bedroom, and one bathroom. Electric heating and window-unit cooling are provided, with space heaters also identified. The property measures 400 square feet on a 0.2114-acre lot.

Located in Murray, Kentucky, the property is associated with the Calloway County area and city schools. Its four-unit configuration and consistent one-bedroom, one-bath layout provide a straightforward residential income format.

Key Highlights

  • Four occupied units in a two‑level quadplex
  • Two upper‑level units and two lower‑level units
  • Each unit includes one bedroom and one bathroom

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four occupied residences feature open living and kitchen areas with one bedroom and one bathroom each.
Where is this quadplex located?
The property is located at 1602 Dodson Street Murray, KY.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Four occupied units in a two‑level quadplex; Two upper‑level units and two lower‑level units; Each unit includes one bedroom and one bathroom
More about this property
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