6-Unit Apartment Building with
For Sale
$150,000
702 S Clay St, Hopkinsville, KY 42240
Downtown multifamily property with refreshed building systems and individually equipped rental units.
Property Size5,440 SF
Price / SF$27.57
Days on Market10
Property Features for 702 S Clay St
General Information
Standard status
Active
Size
5,440 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
6
Building Details
Year Built
1810
Buildings
1
Listing Agency:
Advantage REALTORS
(270) 885-7653
Listed By:
Karen Chiles · License #245975
Source:
Forsaleinclarksville
Added: Aug 20
Changed: Aug 29
Last Checked: Aug 29 at 3:57PM
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 Advantage REALTORS
Investment Insights
Based on property information with market context.
This 6-unit apartment building at 702 S Clay St contains 5,440 square feet and dates to 1810. Each apartment includes a gas heater, window air-conditioning unit, gas stove, and refrigerator. Rear parking accommodates 2 cars, with additional on-street parking available.
Capital improvements include a roof and decking replacement completed in 2022, updated windows from 2016, and an upstairs electrical subpanel installed in 2025. The property also has a 52-gallon water heater installed approximately in 2021 and a new 40-gallon water heater added in 2025. Sewer lines include cleanouts throughout the building. Units are typically occupied, with vacancies generally occurring during turnover and repair periods.
Capital improvements include a roof and decking replacement completed in 2022, updated windows from 2016, and an upstairs electrical subpanel installed in 2025. The property also has a 52-gallon water heater installed approximately in 2021 and a new 40-gallon water heater added in 2025. Sewer lines include cleanouts throughout the building. Units are typically occupied, with vacancies generally occurring during turnover and repair periods.
Key Highlights
- 6‑unit apartment building totaling 5,440 square feet
- Roof and decking replaced in 2022
- Updated windows completed in 2016
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 42240, KY
41,791
Population
18,663
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
85%
High-School Grad
277.2 sq mi
ZIP Area
151
Density / Sq Mi
$49,872
Median Household Income
$36,321
Median Earnings
$866
Median Rent
$147,400
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 - Downtown multifamily property with refreshed building systems and individually equipped rental units.
Where is this apartment building located?
The property is located at 702 S Clay St Hopkinsville, KY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 6‑unit apartment building totaling 5,440 square feet; Roof and decking replaced in 2022; Updated windows completed in 2016
