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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 Avenue, 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: Mar 17, 2025
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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.

Explore Opportunities in Nearby Cities

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

Madisonville Duplex in Ridgewood Heights
$499,900
3,193 SF

Madisonville Duplex in Ridgewood Heights

High-end duplex built in 2014 with modern finishes.

108 /110 Pin Oak Ln, Madisonville, KY 42431
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Madisonville Duplexes For Sale
$850,000
812 SF

Madisonville Duplexes For Sale

Five duplexes with potential for increased rental income.

Cindy Drive, Madisonville, KY 42431
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Multi-Unit Apartment Complex in Owensboro
$3,900,000

Multi-Unit Apartment Complex in Owensboro

50-unit apartment complex with expansion potential in Owensboro, Kentucky.

2916 Veach Road, Owensboro, KY 42303
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Owensboro Multifamily Investment Opportunity
$2,800,000

Owensboro Multifamily Investment Opportunity

28-unit multifamily investment property in Owensboro, Kentucky.

2213,2225,2301 Yewells Landing North, Owensboro, KY 42303
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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.

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
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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
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Grand Rivers Residential Land
Contact for pricing
1.04 Acres

Grand Rivers Residential Land

Residential lot in Grand Rivers Lake Area.

L 54 Tinker Rd, Grand Rivers, KY 42045
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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
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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.

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
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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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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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