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Two-Level Duplex Property
For Sale
$595,000

1611 Olive St, Murray, KY 42071

Each level provides four bedrooms and two bathrooms for residential leasing use.

Property Size1,400 SF
Price / SF$425
Days on Market128

Property Features for 1611 Olive St

General Information

Standard status Active
Size 1,400 SF
Property subtype Multi-Family
Occupancy 100%

Building Details

Year Built 1963
Listing Agency: Keller Williams Experience - Murray
Listed By: Earleene Woods · License #186583
Source: Centralkentuckyhouses
Added: May 22 Changed: Sep 9 Last Checked: Sep 26 at 7:19AM

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 Keller Williams Experience - Murray

Investment Insights

Based on property information with market context.

Located at 1611 Olive Street in Murray, Kentucky, this duplex is arranged across two levels, with each level offering four bedrooms and two bathrooms. Each floor contains 1,400 square feet, creating matching residential layouts within the building.

The property has maintained 100% occupancy since leasing began under the current ownership. Its two-unit configuration and consistent occupancy provide a straightforward multifamily profile for an owner seeking an existing residential income property.

Key Highlights

  • Two‑level duplex with 1,400 square feet on each level
  • Each level includes 4 bedrooms and 2 bathrooms
  • 100% occupied since leasing began under current ownership

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Storage Facility Electrical 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

245
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Each level provides four bedrooms and two bathrooms for residential leasing use.
Where is this duplex located?
The property is located at 1611 Olive St Murray, KY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two‑level duplex with 1,400 square feet on each level; Each level includes 4 bedrooms and 2 bathrooms; 100% occupied since leasing began under current ownership
More about this property
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