Clay City, KY
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    Clay City, KY Multifamily Properties for Sale

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    Stanton, KY Jeffersonville, KY Winchester, KY
    32 Acres Multi-Unit Commercial Opportunity
    $1,400,000
    11,378 SF
    32 Acres Multi-Unit Commercial Opportunity

    1429 Brush Creek Road, Clay City, KY 40312

    Multi-unit commercial property on 32 acres near Red River Gorge.
    • 32 Wooded Acres: Offers privacy and natural surroundings.
    • Multi‑Unit Commercial Opportunity: Includes a main structure, guest house, and two turnkey apartments.
    • 10 Bed / 10 Bath Main Structure: Provides significant living or operational space with a finished basement.
    • Two Dedicated Office Spaces: Adds functionality for on‑site management.
    • Reinforced Flooring and Handicap Accessibility: Supports flexible commercial, residential, or mixed‑use applications.
    Updated: Apr 29
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    Clay City Commercial Opportunity
    $1,400,000
    11,378 SF
    Clay City Commercial Opportunity

    1429 Brush Creek Road, Clay City, KY 40312

    32-acre property with multi-unit potential near Red River Gorge.
    • Listed under appraised value, offering immediate equity and investment upside.
    • 32 wooded acres provide privacy, expansion potential, and natural surroundings.
    • Multi‑unit commercial opportunity with 10 beds/10 baths, guest house, and turnkey apartments for multiple income streams.
    • Flexible configuration supports various investment strategies: multi‑family, short‑term rentals, workforce housing, or mixed‑use commercial.
    • Includes two dedicated office spaces for on‑site management or additional rental income.
    Updated: Apr 29
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    Triplex Income Property
    $420,000
    2,784 SF
    Triplex Income Property

    Three-unit triplex with recent updates and two units currently rented, offering immediate rental use for an owner-operator.

    119 Fifth Avenue, Clay City, KY 40312

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    Versatile Income Property with Acreage
    $445,000
    3.00 Acres
    Versatile Income Property with Acreage

    Fully rented 8-unit property on 3 acres near Mountain Parkway.

    2885 Main St, Clay City, KY 40312

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    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 4 Active listings in Clay City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

    Mixed-Use Properties in Mt. Sterling
    $540,000
    4,196 SF
    Mixed-Use Properties in Mt. Sterling

    Mixed-use properties with commercial and residential spaces in downtown Mt. Sterling.

    4-12 Court Street, Mt Sterling, KY 40353

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    Downtown Mt Sterling Mixed-Use Property
    $275,500
    2,040 SF
    Downtown Mt Sterling Mixed-Use Property

    Well-maintained mixed-use property with commercial and residential units.

    4-8 Court St, Mt Sterling, KY 40353

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    Stanton Mixed-Use Commercial Property
    $529,900
    Stanton Mixed-Use Commercial Property

    Main Street commercial property with storefront, apartment, and short-term rental.

    494 & 488 N Main Street, Stanton, KY 40380

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    Stanton Multifamily Investment Opportunity
    $900,000
    932 SF
    Stanton Multifamily Investment Opportunity

    Multifamily property in Stanton, Kentucky, with long-term tenants.

    11 and 13 Miller Drive lot: 11-58, Stanton, KY 40380

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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.

    Campton, KY Land For Sale
    $35,000
    2.35 Acres
    Campton, KY Land For Sale

    2.35 acre lot near Red River Gorge.

    Lower HollerTop Road lot: 31, Campton, KY 41301

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    Recreational Land with Babbling Brook
    $60,000
    10.00 Acres
    Recreational Land with Babbling Brook

    10 acres of recreational land with endless possibilities.

    869 N Hwy 708, Beattyville, KY 41311

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    128 Acres with Development Potential
    $274,000
    128.00 Acres
    128 Acres with Development Potential

    128 acres with mineral rights, existing rental income.

    101 Shucky Bean Hollow Road, Jackson, KY 41339

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    Land For Sale in McKee
    Contact for pricing
    1.60 Acres
    Land For Sale in McKee

    1.6 acre tract with utilities and road frontage.

    Mc Kee, KY 40447

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    Off-Market Properties in Clay City, KY

    Consider similar Off-Market properties in Clay 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.

    975 Little Hardwicks Crk Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.67 Acres
    Value Estimation by Request

    975 Little Hardwicks Crk Rd, Clay City, KY 40312-9411

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    295 Oak Rdg Rd
    MOBILE HOME PARK, TRAILER PARK
    1,106 SF Lot: 1.09 Acres
    Value Estimation by Request

    295 Oak Rdg Rd, Clay City, KY 40312-9708

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    39 Blue Bird Dr
    MOBILE HOME PARK, TRAILER PARK
    912 SF Lot: 0.95 Acres
    Value Estimation by Request

    39 Blue Bird Dr, Clay City, KY 40312-9702

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    898 Happy Top Rd
    MOBILE HOME PARK, TRAILER PARK
    1,536 SF Lot: 0.46 Acres
    Value Estimation by Request

    898 Happy Top Rd, Clay City, KY 40312-9655

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    480 Oak Rdg Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.67 Acres
    Value Estimation by Request

    480 Oak Rdg Rd, Clay City, KY 40312-9048

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    7264 Winchester Rd
    MOBILE HOME PARK, TRAILER PARK
    960 SF
    Value Estimation by Request

    7264 Winchester Rd, Clay City, KY 40312-9775

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    264 Miller Rd
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    264 Miller Rd, Clay City, KY 40312-9757

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    5215 Main St
    MOBILE HOME PARK, TRAILER PARK
    1,388 SF Lot: 0.50 Acres
    Value Estimation by Request

    5215 Main St, Clay City, KY 40312-9434

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    1088 Frames Br Rd
    MOBILE HOME PARK, TRAILER PARK
    780 SF
    Value Estimation by Request

    1088 Frames Br Rd, Clay City, KY 40312-9661

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    3684 Frames Br Rd
    MOBILE HOME PARK, TRAILER PARK
    560 SF Lot: 0.02 Acres
    Value Estimation by Request

    3684 Frames Br Rd, Clay City, KY 40312-9431

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    291 3rd Ave
    MOBILE HOME PARK, TRAILER PARK
    1,152 SF Lot: 0.55 Acres
    Value Estimation by Request

    291 3rd Ave, Clay City, KY 40312-1214

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    526 11th St
    MOBILE HOME PARK, TRAILER PARK
    1,280 SF
    Value Estimation by Request

    526 11th St, Clay City, KY 40312-8995

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    27 Roland Circle--stokley Rd
    MOBILE HOME PARK, TRAILER PARK
    1,120 SF Lot: 0.22 Acres
    Value Estimation by Request

    27 Roland Circle--stokley Rd, Clay City, KY 40312

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    Jill Dr
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    Jill Dr, Clay City, KY 40312

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    Clay City, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 18 multifamily properties for sale in Clay City, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 25,540 square feet of properties for sale, with an estimated market value of $3,220,000.

    Sale prices for multifamily properties in Clay City, KY start at $420,000, averaging $1,073,333, and reaching up to $1,400,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 6,156
    Population Growth (5Y) +28.7%
    Median Household Income $38,081
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    40312 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 0.79%
    Property Tax per SF $13.30 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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