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Multifamily Estate with Agricultural Land
For Sale
$999,995

3003 Iron Mountain Road, Center, KY 42214

Multi-Family, Center, KY

Property Size5,538 SF
Lot Size60.03 Acres
Price / SF$180.57
Days on Market226

Property Features for 3003 Iron Mountain Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Rooms Bedroom 1, Bedroom 9, Bedroom 2, Bedroom 7, Bedroom 8, Basement, Bedroom 6, Bedroom 10, Bedroom 4, Bedroom 3, Bedroom 5
Parking features Garage
Patio and Porch features Patio, Porch
Interior features Bookshelves, Walk-in Closet(s)
Exterior features Concrete Walks, Covered Patio, Exterior Lights, Garden Area, Greenhouse, Hot Tub, Landscaping, Pond(s), Porch, Storage Building, Trees
Basement Unfinished, Daylight, Partial
Lot features County, Dead End
Elementary school Metcalfe County
Middle school Metcalfe County
High school Metcalfe County
Subdivision Metcalfe County
Standard status Active
Size 5,538 SF
Lot size 60.03 Acres

Amenities

greenhouse
library
attached three-car garage
workshop
barn
RV parking

Building Details

Year built 2003
Number of units 3
Roof type Metal
Additional Structures Storage, Greenhouse
Listing Agency: Keller Williams First Choice Realty · Keller Williams Realty
Listed By: Melissa Pence
Added: Feb 12 Changed: Sep 14 Last Checked: Sep 26 at 5:06PM
MLS# SC47742

Copyright © 2026 South Central Kentucky Association of Realtors. 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 multifamily property combines a 5,538-square-foot main residence with additional living and flex-space improvements. The primary home includes six bedrooms and four bathrooms, along with a library, greenhouse, attached three-car garage, covered patio, porch, and basement. A separate building contains two apartments with private entrances plus a flex area equipped with a kitchenette, refrigerator, 3/4 bath, and dedicated HVAC. A workshop, barn, storage building, pond, garden area, and RV parking with 50-amp electric add utility across the estate.

The property encompasses 60.03 acres in Center, Kentucky, with farmland, wooded areas, trees, and a location on a quiet dead-end road. Built in 2003, the estate also includes four established addresses and three existing living spaces, providing a substantial rural multifamily configuration with agricultural and accessory improvements.

Key Highlights

  • 60.03‑acre estate with farmland and wooded areas
  • 5,538‑square‑foot main residence with 6 bedrooms and 4 bathrooms
  • Separate building with 2 apartments and private entrances

Property Analytics

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Current Use

Multifamily properties

Lease Details

3
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 42214, KY

769
Population
273
Households
2.8
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
21.2 sq mi
ZIP Area
36
Density / Sq Mi
$48,281
Median Household Income
$27,981
Median Earnings
$728
Median Rent
$160,800
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 - Multiple living areas, agricultural acreage, and accessory improvements support flexible residential and rural property uses.
Where is this multifamily property located?
The property is located at 3003 Iron Mountain Road Center, KY.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 60.03‑acre estate with farmland and wooded areas; 5,538‑square‑foot main residence with 6 bedrooms and 4 bathrooms; Separate building with 2 apartments and private entrances
More about this property
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