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    Melbourne, KY
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    Melbourne, KY Multifamily Properties for Sale

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    Riverfront Cottage and RV Park
    Updated: Apr 3
    Riverfront Cottage and RV Park

    4068 Fry St, Melbourne, KY 41059

    $975,000
    23.30 AC lot
    Martz Cottages on the River on 23.3 acres with all cottages and RV/mobile home lots currently rented (notice required to view).
    Rental mix includes 4‑year round rental cottages, 9 seasonal rental cottages, 3 year‑round mobile home lots, and 3 seasonal RV lots.
    All units tied to public water and septic systems.
    Includes 2‑car garage for storage and additional vacant land to build more.
    Zoning: cottages are A‑1 Agricultural; river bottoms are R‑CO River Recreation.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Melbourne, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    12-Unit One-Bed Multifamily Building
    12-Unit One-Bed Multifamily Building

    2215 Salvador St, Cincinnati, OH 45230

    $1,100,000
    7,290 sqft

    Twelve one-bedroom units with 11 occupied, newer boiler, separately metered electric, and off-street parking behind.

    View details
    Six-Unit Garden Style Apartment Building
    Six-Unit Garden Style Apartment Building

    3607 Parfore Ct, Cincinnati, OH 45245

    $699,000

    Six garden-style units offer ground-level access, dedicated parking, patios, and in-unit laundry within a golf course setting.

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    Mixed-Use Corner Property with Parking
    Mixed-Use Corner Property with Parking

    7857 Alexandria Pike, Alexandria, KY 41001

    $1,200,000

    Four residential units sit above commercial space on a signalized corner with on-site parking for approximately 30 vehicles.

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    Mobile Home Park with 41 Pads
    Mobile Home Park with 41 Pads

    7646 Alexandria Pike, Alexandria, KY 41001

    Contact for pricing

    Cardinal Model Home Park offers 41 mobile home pads plus an additional brick home and former motel storage building.

    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.

    Prime Land Off US HWY
    Prime Land Off US HWY

    Briar Creek lot: #1, Lawrenceburg, KY 40342

    $345,500
    2.27 AC lot

    2.27 acres with excellent visibility and easy access.

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    Surveyed Hunting and Development Land
    Surveyed Hunting and Development Land

    400 Keith Whitley Blvd., Sandy Hook, KY 41171

    $199,900
    75.00 AC lot

    Approximately 75 surveyed acres offering a mix of city-limit and outside-city development flexibility.

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    Surveyed Development Land Parcel
    Surveyed Development Land Parcel

    400 Keith Whitley Blvd., Sandy Hook, KY 41171

    $199,900
    75.00 AC lot

    Surveyed acreage with city-limit and out-of-city portions, suited for a variety of residential and mixed-use concepts.

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    Campton, KY Land For Sale
    Campton, KY Land For Sale

    Lower HollerTop Road lot: 31, Campton, KY 41301

    $35,000
    2.35 AC lot

    2.35 acre lot near Red River Gorge.

    View details

    Melbourne, KY Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Melbourne, KY on our real estate platform.

    Sale prices for multifamily properties in Melbourne, KY average $975,000 — 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

    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 3,166
    Population Growth (5Y) +19.9%
    Median Household Income $53,667
    College Educated 28.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.23%
    Property Tax per SF $36.82 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

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