9-Unit Apartment
For Sale
$464,900
4738 Camargo Levee Rd, Mt Sterling, KY 40353
Two-building income property with updated units, utility infrastructure, and additional structures for future use.
Property Size6,000 SF
Price / SF$77.48
Days on Market14
Property Features for 4738 Camargo Levee Rd
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Multi-Family
Additional Details
Utilities to Site
Yes
Multifamily Units
9
Building Details
Year Built
9999
Buildings
2
Listing Agency:
Threshold Real Estate Services
(859) 494-7954
Listed By:
Amy Boone · License #212432
(859) 494-7954
Source:
Sweethomeky
Added: Aug 16
Changed: Aug 28
Last Checked: Aug 28 at 8:51AM
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 Threshold Real Estate Services
Investment Insights
Based on property information with market context.
This 9-unit multifamily property at 4738 Camargo Levee Rd is arranged across two buildings. Six units are leased, two are rent-ready, and one is positioned for renovation. Eight units have received updates or repairs within the past two years, while new HVAC systems serve the property. The 4-unit building also has a recently installed metal roof. In the larger building, five units are complete and a sixth is framed with rough plumbing and electric in place.
Additional improvements include a 32' x 40' shop with 12' ceilings and a work pit, along with an RV pad connected to electric and plumbing. The site has 12 individual water meters, although the property currently operates on 2 meters. A second RV pad may be added, subject to applicable requirements. The property is located in the Camargo community near Mt. Sterling, with Lexington approximately 46 minutes away and access to Morehead State University and Transylvania University.
Additional improvements include a 32' x 40' shop with 12' ceilings and a work pit, along with an RV pad connected to electric and plumbing. The site has 12 individual water meters, although the property currently operates on 2 meters. A second RV pad may be added, subject to applicable requirements. The property is located in the Camargo community near Mt. Sterling, with Lexington approximately 46 minutes away and access to Morehead State University and Transylvania University.
Key Highlights
- 9‑unit multifamily property across two buildings; 6 units leased, 2 rent‑ready, and 1 ready for renovation
- Eight units updated or repaired within the past two years, with new HVAC systems
- Larger building includes 5 existing units plus a framed 6th unit with rough plumbing and electric
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 40353, KY
22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building income property with updated units, utility infrastructure, and additional structures for future use.
Where is this apartment building located?
The property is located at 4738 Camargo Levee Rd Mt Sterling, KY.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: 9‑unit multifamily property across two buildings; 6 units leased, 2 rent‑ready, and 1 ready for renovation; Eight units updated or repaired within the past two years, with new HVAC systems; Larger building includes 5 existing units plus a framed 6th unit with rough plumbing and electric
