Multifamily Property With 8 Rental
For Sale
$410,000
2885 Main St, Clay City, KY 40312
Multiple residential structures offer diversified rental occupancy across a wooded rural setting.
Property Size1,920 SF
Lot Size3.00 Acres
Price / SF$213.54
Days on Market38
Property Features for 2885 Main St
General Information
Standard status
Active
Size
1,920 SF
Lot size
3.00 Acres
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
8
Building Details
Year Built
9999
Buildings
6
Listing Agency:
Murphy Realty Group
(859) 404-4117
Listed By:
Brenda G Murphy · License #187111
Source:
Centralkyhomefinder
Added: Jul 23
Changed: Aug 28
Last Checked: Aug 25 at 6:00AM
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 Murphy Realty Group
Investment Insights
Based on property information with market context.
This multifamily property combines eight rental units across a triplex, a house, and four manufactured homes on approximately 3 acres. The varied residential configuration supports multiple rental streams within one property, while mature shade trees contribute to a wooded, country setting. Several units have received updates that include modern flooring and upgraded appliances, and newer septic systems serve the improvements.
The property is a short drive from the Mountain Parkway, providing access to surrounding communities and local conveniences. Outdoor destinations, including Red River Gorge, are also within the broader surrounding area. The combination of multiple dwelling types, recent unit updates, septic improvements, and acreage creates a consolidated residential income property with a practical mix of existing rental accommodations.
The property is a short drive from the Mountain Parkway, providing access to surrounding communities and local conveniences. Outdoor destinations, including Red River Gorge, are also within the broader surrounding area. The combination of multiple dwelling types, recent unit updates, septic improvements, and acreage creates a consolidated residential income property with a practical mix of existing rental accommodations.
Key Highlights
- Eight rental units across a triplex, house, and four manufactured homes
- Approximately 3 acres with mature shade trees and a country setting
- Newer septic systems serve the property improvements
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multiple residential structures offer diversified rental occupancy across a wooded rural setting.
Where is this multifamily property located?
The property is located at 2885 Main St Clay City, KY.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Eight rental units across a triplex, house, and four manufactured homes; Approximately 3 acres with mature shade trees and a country setting; Newer septic systems serve the property improvements
