Search
8-Unit Multifamily Income Property
New
For Sale
$410,000

2885 Main Street, Clay City, KY 40312

MANUFACTURED - Clay City, KY

Property Size1,920 SF
Lot Size3.00 Acres
Price / SF$213.54
Days on Market1

Property Features for 2885 Main Street

General Information

Property type Residential
Property subtype Triplex
Bedrooms 18
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 12, Bedroom 3, Bedroom 11, Bedroom 2, Bathroom 1, Bathroom 7, Bedroom 17, Bathroom 6, Bathroom 4, Bathroom 10, Bedroom 7, Bedroom 10, Bedroom 5, Bedroom 18, Bathroom 5, Bathroom 9, Bedroom 8, Bathroom 2, Bathroom 8, Bathroom 3, Bedroom 15, Bedroom 6, Bedroom 4, Bedroom 13, Bedroom 1, Bedroom 9, Bedroom 16, Bedroom 14
Subdivision Rural
Elementary school Clay City
Middle school Powell Co
High school Powell Co
Elementary school district Powell County -19
Middle school district Powell County -19
High school district Powell County -19
Directions From the Mountain Parkway, the the Clay City exit and turn towards Clay City. Go right on Main Street/Route11. Property is on the right.
Standard status Active
APN 15P-00-00-024.01
Size 1,920 SF
Lot size 3.00 Acres

Utilities

Heating system Natural Gas, Forced Air, Electric (Heating)
Cooling system Central Air, Electric, Window Unit(s)

Building Details

Number of units 8
Roof type Metal
Listing Agency: Murphy Realty Group
Listed By: Brenda G Murphy · License #187111
Added: Jul 31 Last Checked: Jul 31 at 9:06PM
MLS# 26020528

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 income-producing multifamily property includes eight rental units situated across a triplex, a house, and four manufactured homes on approximately 3 acres. The metal roof and on-site heating and cooling include natural gas forced air plus electric heating, with central air, electric cooling, and window unit(s) also listed.

Improvements include newer septic systems. Several units have been updated with modern flooring and upgraded appliances, supporting a more current tenant-ready feel.

Located at 2885 Main Street in Clay City, KY 40312 in Powell County, the property offers a country setting with mature shade trees and a park-like atmosphere. The Mountain Parkway is described as a short drive, providing access to surrounding communities and local conveniences.

Key Highlights

  • Eight rental units across a triplex, house, and four manufactured homes
  • Approximately 3 acres with a country, park‑like setting and mature shade trees
  • Newer septic systems on the property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Nail Salon Computer & Electronic Repair Skin Care Clinic 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.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

73
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing property with eight rental units across a triplex, a house, and four manufactured homes.
Where is this apartment building located?
The property is located at 2885 Main Street 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 a country, park‑like setting and mature shade trees; Newer septic systems on the property
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message