Central City, KY Multifamily properties for sale

Updated: Mar 17, 2025

27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

1.90 AC lot

27 units on approximately 1.9 acres
Renovated approximately 6 years ago
100% occupied with consistent rental history
Majority of PTAC heat/air units replaced
On‑site coin laundry

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Updated: Mar 18, 2025

27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

17,000 sqft

27 units across approximately 1.9 acres
17,000 SF apartment property built in 1977
Renovated approximately 6 years ago
Majority of PTAC heat/air units replaced; exterior painted
Coin laundry on site

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 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

Opportunities in Nearby Cities

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

Historic Short-Term Rental Property

231 S Main Street, Madisonville, KY 42431

$625,000

4,534 sqft 0.72 AC lot

Downtown lodging and event property with guest accommodations, common gathering areas, and a manager’s apartment.

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Furnished Triplex With Updated Interiors

118 S Franklin, Madisonville, KY 42431

$255,900

2,946 sqft 0.29 AC lot

Three furnished rental units include kitchens, laundry areas, and varied bedroom configurations.

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Apartment Building with Parking Lot

101 Longview Drive, Russellville, KY 42276

$3,350,000

3.00 AC lot

Well-maintained multifamily property on three acres with a metal roof and on-site parking.

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1980 Apartment Building

101 Longview Drive, Russellville, KY 42276

$3,350,000

Apartment property with hot-water service and master-metered utilities in Russellville.

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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.

MOBILE HOME PARK, TRAILER PARK

Carroll St, Central City, KY 42330

Value Estimation by Request

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HIGH-RISE APARTMENTS

508 Broad St, Central City, KY 42330-1566

$565,000

Estimated value

6,360 sqft

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MOBILE HOME PARK, TRAILER PARK

Welborn St, Central City, KY 42330

Value Estimation by Request

3.43 AC lot

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Central City, KY Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Central City, KY on our real estate platform. These investment opportunities span a total of 17,000 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for multifamily properties in Central City, KY average $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.

Neighborhood	Average Price
42330	$1.2M

Neighborhood

Average Price

42330

$1.2M

Central City, KY Multifamily Properties for Sale

1213 W Reservoir Avenue, Central City, KY 42330

1213 W Reservoir Avenue, Central City, KY 42330