Add Listing
    Central City, KY
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Central City, KY Multifamily Properties for Sale

    Notify Me
    List
    Map
    Powderly, KY Greenville, KY Beech Creek, KY
    Renovated 27-Unit Apartment Building
    $1,200,000
    1.90 Acres

    Renovated 27-Unit Apartment Building

    1213 W Reservoir Avenue, Central City, KY 42330

    Renovated multifamily with coin laundry and many PTAC units; tenants pay electric while owner covers water and sewer.

    • 27‑unit investment property on approx. 1.9 acres, built in 1977
    • Renovated approx. 6 years ago, including exterior painting and replacement of a majority of PTAC heat/air units
    • Coin laundry on site for additional income
    • Reported approx. $174,000/year gross income
    • Tenants pay electric; owners pay water, sewer, and trash
    Updated: Mar 17, 2025
    View details
    Based on your search, we've compiled 12 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Duplex with Mixed Lease Terms
    $185,000
    1,500 SF

    Duplex with Mixed Lease Terms

    Two-unit duplex in Madisonville offers one month-to-month tenant and one tenant under a year lease signed 9/30/25.

    825/827 Independence Dr, Madisonville, KY 42431
    View details
    Duplex Multi-Unit Portfolio
    $850,000
    812 SF

    Duplex Multi-Unit Portfolio

    Five duplexes generate current income with owner-paid water, with metering planned for each unit upon an acceptable offer.

    Cindy Drive, Madisonville, KY 42431
    View details
    Well-Maintained Apartment Complex
    $3,350,000
    3.00 Acres

    Well-Maintained Apartment Complex

    For sale apartment complex on a 3-acre lot, offered as a residential income property in Russellville, KY.

    101 Longview Drive, Russellville, KY 42276
    View details
    Multifamily Building With New Roof
    $449,000
    0.30 Acres

    Multifamily Building With New Roof

    Multifamily property offered with a new roof planned prior to sale or buyer concessions in lieu.

    102 E Second Street, Russellville, KY 42276
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Proximity Residential Acreage
    Contact for pricing
    1.00 Acre

    Lake Proximity Residential Acreage

    One-acre residential lot near Lake Barkley in Cadiz, Kentucky.

    Lots 95 & 96 Edgar Drive, Cadiz, KY 42211
    View details
    Wooded Lots Near Lake Barkley
    $40,000
    2.00 Acres

    Wooded Lots Near Lake Barkley

    Wooded half-acre lots near Lake Barkley and Eddy Creek Marina.

    Driftwood Estates Lot 99, 101, 102, 139, Eddyville, KY 42038
    View details
    Grand Rivers Residential Land Lot
    Contact for pricing
    0.79 Acres

    Grand Rivers Residential Land Lot

    Residential lot in Grand Rivers, near Kentucky and Barkley Lakes.

    Lot 59 Doe Run, Grand Rivers, KY 42045
    View details
    Grand Rivers Land Opportunity
    Contact for pricing
    2.84 Acres

    Grand Rivers Land Opportunity

    2.84 acres near I-24 and lakes in Grand Rivers.

    L 41 & 42 Rolling Meadows Rd, Grand Rivers, KY 42045
    View details

    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.

    Carroll St
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    Carroll St, Central City, KY 42330

    View details
    508 Broad St
    HIGH-RISE APARTMENTS
    6,360 SF
    Value Estimation by Request

    508 Broad St, Central City, KY 42330-1566

    View details
    Welborn St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.43 Acres
    Value Estimation by Request

    Welborn 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 0 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.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 1

    Demographics Overview

    Population 9,354
    Population Growth (5Y) +4.4%
    Median Household Income $47,904
    College Educated 11.2%

    High-Yield Neighborhoods for Investment

    Identify Central City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    42330 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.96%
    Property Tax per SF $11.70 per sq ft
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Central City, KY

    Popular Categories

    Most Searched ZIP Codes in Central City, KY

    • 42330

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!