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8-Unit Apartment Complex
For Sale
$775,000

448 N Hills Rd, Corbin, KY

Two-building property with individually metered electric and central HVAC in every unit.

Property Size6,664 SF
Lot Size2.75 Acres
Price / SF$116.30
Days on Market15

Property Features for 448 N Hills Rd

General Information

Standard status Active
Size 6,664 SF
Lot size 2.75 Acres
Property subtype Residential Income

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8
Parking per Unit 2

Amenities

in-unit laundry
central HVAC
eat-in kitchens
individually metered electric

Building Details

Buildings 2
Listing Agency: C Roger Lewis Agency
Listed By: Sasha Hawkins · License #220441
Source: Exprealty
Added: Sep 8 Changed: Sep 21 Last Checked: Sep 21 at 2:23PM

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 C Roger Lewis Agency

Investment Insights

Based on property information with market context.

This 6,664-square-foot apartment property includes 8 units distributed across two buildings on 2.75 acres. Each apartment offers two bedrooms, one bathroom, an eat-in kitchen, in-unit laundry, and central HVAC. Two-car parking spaces are provided for each unit, while individual electric meters support separate utility tracking.

The property is near downtown Corbin, shopping, dining, and major travel corridors. Additional land is included and identified for possible expansion or future development. The apartments also have a documented rental history, providing an established operating base for the next owner.

Key Highlights

  • 8 units across two separate buildings
  • 2.75 acres with additional land identified for possible expansion or future development
  • Each unit has 2 bedrooms, 1 bathroom, an eat‑in kitchen, and in‑unit laundry

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Kitchen & Bath Showroom Bakery Garden 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

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby
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?
Apartment building - Two-building property with individually metered electric and central HVAC in every unit.
Where is this apartment building located?
The property is located at 448 N Hills Rd Corbin, KY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 8 units across two separate buildings; 2.75 acres with additional land identified for possible expansion or future development; Each unit has 2 bedrooms, 1 bathroom, an eat‑in kitchen, and in‑unit laundry
More about this property
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