Advertise
    Morganfield, 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
    $
    $

    Morganfield, KY Multifamily Properties for Sale

    Notify Me
    List
    Map
    Sturgis, KY Corydon, KY Shawneetown, IL
    Mobile Home Park Opportunity
    $374,900
    0.73 Acres
    Mobile Home Park Opportunity

    619 Sandy Ln, Morganfield, KY 42437

    Mobile home park with expansion potential in Morganfield, Kentucky.
    • Certified mobile home park with the state.
    • Four existing mobile homes included.
    • Additional lot prepared with poured concrete for another mobile home.
    • Investment opportunity.
    • Central air conditioning.
    Updated: Oct 31, 2025
    View details
    30-Unit Townhome Investment Opportunity
    $1,795,000
    24,900 SF
    30-Unit Townhome Investment Opportunity

    618 E Waverly St, Morganfield, KY 42437

    Stabilized asset with rent growth potential in Morganfield, KY.
    • High‑yield asset with an attractive entry cap rate of approximately 8.97% and a pro‑forma stabilized cap rate near 9.6%.
    • 100% occupied with strong in‑place cash flow and a current NOI of approximately $160,527.
    • Built‑in rent growth potential by increasing current average rents to estimated market levels.
    • Low‑density townhome‑style layout supports long‑term tenant stability and reduced turnover.
    • Offered at a basis significantly below estimated replacement cost, creating strong downside protection.
    Updated: Jan 30
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Morganfield, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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 Two 2-Bed Units
    $123,456
    2,016 SF
    Duplex with Two 2-Bed Units

    Well-maintained duplex featuring two 2-bedroom, 1-bath units; roof and HVAC upgrades on both sides.

    2301 Vanguard Ave., Henderson, KY 42420

    View details
    Two-Unit Duplex Income Property
    $135,000
    1,807 SF
    Two-Unit Duplex Income Property

    Two-unit duplex features a studio unit and a separate two-bedroom unit for straightforward residential rental use.

    500 1st Street, Henderson, KY 42420

    View details
    Manufactured Home and Lot Site Park
    $195,000
    4.00 Acres
    Manufactured Home and Lot Site Park

    A manufactured home and lot site community with four homes and four sites, off the highway in Sebree, KY.

    66 E Washington St, Sebree, KY 42455

    View details
    Duplex with Updated Mechanical Systems
    $123,456
    10,120 SF
    Duplex with Updated Mechanical Systems

    Two separate two-bedroom units offer income flexibility, with newer roofing and HVAC upgrades in both sides.

    2301 Vanguard Ave., Henderson, KY 42420

    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.

    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 lot: 41 & 42, Grand Rivers, KY 42045

    View details
    Wooded Residential Lots in Driftwood Estates
    $40,000
    2.00 Acres
    Wooded Residential Lots in Driftwood Estates

    Four wooded half-acre lots in Driftwood Estates, offering a flexible setting for camper, mobile home, or home construction.

    Driftwood Estates Lot 99, 101, 102, 139, Eddyville, KY 42038

    View details
    Marshall County Land For Sale
    Contact for pricing
    0.47 Acres
    Marshall County Land For Sale

    0.47 acre lot near KY and Barkley Lakes.

    266 Lone Valley Road, Gilbertsville, KY 42044

    View details
    Residential Lot in Ledbetter, KY
    Contact for pricing
    0.40 Acres
    Residential Lot in Ledbetter, KY

    Level lot suitable for building or manufactured home in Ledbetter.

    Golden Meadow Lane lot: 6, Ledbetter, KY 42058

    View details

    Off-Market Properties in Morganfield, KY

    Consider similar Off-Market properties in Morganfield, 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.

    24,900 SF Maple Valley Townhomes
    24,900 SF 30 Unit Apartment Building
    24,900 SF Maple Valley Townhomes

    618 E Waverly St, Morganfield, KY 42437

    View details

    Morganfield, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Morganfield, KY on our real estate platform. These investment opportunities span a total of 24,900 square feet of properties for sale, with an estimated market value of $1,795,000.

    Sale prices for multifamily properties in Morganfield, KY start at $1,795,000, averaging $1,795,000, and reaching up to $1,795,000 — 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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 7,250
    Population Growth (5Y) -15.9%
    Median Household Income $64,464
    College Educated 18.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    42437 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $30.86 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

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

    Contact Us

    Popular Searches in Morganfield, KY

    Popular Categories

    Most Searched ZIP Codes in Morganfield, KY

    • 42437

    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!