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Central City, KY Multifamily Properties for Sale

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Central City Multifamily Investment Property
$1,200,000
1.90 Acres

Central City Multifamily Investment Property

1213 W Reservoir Ave, Central City, KY 42330

27-unit multifamily property generating approximately $174,000 gross annually.

  • High cash flowing investment property: Generates approximately $174,000 gross annually.
  • 27 Units on Approximately 1.9 Acres: Substantial property size with multiple income streams.
  • Renovated Approximately 6 Years Ago: Modernized units attract tenants and reduce maintenance.
  • Majority of PTAC Heat/Air Units Replaced: Updated HVAC systems improve tenant comfort and reduce energy costs.
  • 100% Occupied with Consistent Rental History: Demonstrates strong demand and reliable income.
Last Update: May 14
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Central City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Owensboro Commercial Land Pads
Contact for pricing
0.70 Acres

Owensboro Commercial Land Pads

Prime retail pads, high visibility, flexible options.
3100 Highland Pt Dr, Owensboro, KY 42303
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Owensboro Multifamily Investment Opportunity
$599,000

Owensboro Multifamily Investment Opportunity

Five-property investment package with current tenants in Owensboro, Kentucky.
2403 Bluff Ave, Owensboro, KY 42303
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Income-Producing Property with Expansion Potential
$1,049,000
8.90 Acres

Income-Producing Property with Expansion Potential

Multi-use property with storage units, apartment, and expansion potential.
1810 Lewisburg Rd, Russellville, KY 42276
View details
Russellville, KY Multi-Family Investment
$3,350,000
3.00 Acres

Russellville, KY Multi-Family Investment

Well-maintained apartment complex in Russellville, Kentucky, offering investment potential.
101 Longview Dr, Russellville, KY 42276
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Explore Off-Market Properties in Central City, KY

Consider similar Off-Market properties in Central City, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Welborn St

Welborn St

MOBILE HOME PARK, TRAILER PARK • 3.43 Acres
Value Estimation by Request
Welborn St, Central City, KY 42330
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508 Broad St

508 Broad St

HIGH-RISE APARTMENTS • 6,360 SF
Value Estimation by Request
508 Broad St, Central City, KY 42330-1566
View details
Carroll St

Carroll St

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
Carroll St, Central City, KY 42330
View details

Central City, KY Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Central City, KY on our real estate platform. These investment opportunities span a total of 82,764 square feet of properties for sale, with an estimated market value of $1,200,000.

Prices for multifamily properties in Central City, KY start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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