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Multifamily Property
For Sale
$250,000

1801 Ridgewood Dr, Murray, KY 42071

Built in 1990, the property includes a documented inspection and completed repairs, with one floor-joist section remaining unrepaired.

Property Size1,711 SF
Price / SF$146.11
Days on Market8

Property Features for 1801 Ridgewood Dr

General Information

Standard status Active
Size 1,711 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence a section of floor joists

Building Details

Year Built 1990
Listing Agency: Teresa Oliver, Ky Homes Realty
Listed By: The Catalyst Group · License #220577
Source: Catalystsold
Added: Oct 7 Changed: Oct 13 Last Checked: Oct 12 at 7:29PM

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 Teresa Oliver, Ky Homes Realty

Investment Insights

Based on property information with market context.

This multifamily property was built in 1990. An inspection was completed during a prior listing period, and the findings are included in the Seller’s Disclosure. Repairs have been completed, except for a section of floor joists that remains unrepaired.

Key Highlights

  • 1990 construction
  • Prior inspection findings are included in the Seller’s Disclosure
  • Repairs completed except for one section of floor joists

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

30
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
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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 - Built in 1990, the property includes a documented inspection and completed repairs, with one floor-joist section remaining unrepaired.
Where is this multifamily property located?
The property is located at 1801 Ridgewood Dr Murray, KY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1990 construction; Prior inspection findings are included in the Seller’s Disclosure; Repairs completed except for one section of floor joists
More about this property
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