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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.
Updated: May 14, 2025
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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.

Madisonville Duplexes For Sale
$850,000
812 SF

Madisonville Duplexes For Sale

Five duplexes with potential for increased rental income.

Cindy Dr, Madisonville, KY 42431
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Versatile Madisonville Property: Development Potential
$579,000
21,800 SF

Versatile Madisonville Property: Development Potential

Two-acre property suitable for residential, office, or apartments.

123 Waddill Ave, Madisonville, KY 42431
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Owensboro Multifamily Investment Opportunity
$2,800,000

Owensboro Multifamily Investment Opportunity

28-unit multifamily investment property in Owensboro, Kentucky.

2213 Yewells Lndg North, Owensboro, KY 42303
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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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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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Carroll St

Carroll St

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
Carroll 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

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.

Sale 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 stay ahead with the latest data and market trends.

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