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Muhlenberg County, KY Multifamily Properties for Sale

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Greenville Fourplex with Commercial Potential
$289,900
1,600 SF

Greenville Fourplex with Commercial Potential

102 West Depot, Greenville, KY 42345

Commercial/residential fourplex with income potential in high-traffic location.

  • Prime location with maximum traffic exposure in Muhlenberg County.
  • Zoned commercial/residential, offering versatile usage options.
  • Two income‑generating efficiency/studio apartments with separate entrances, currently used for short‑term rentals.
  • Recently remodeled interior (less than 2 years ago) and newer roof (less than 3 years ago).
  • Lower level features two suites suitable for a small business, with shared bath.
Updated: Oct 1, 2025
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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 16 Potential Opportunities for your consideration. Besides 2 Active listings in Muhlenberg County, KY, we suggest exploring several alternatives: similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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 Muhlenberg County, KY

Consider similar Off-Market properties in Muhlenberg County, 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.

3553 State Rte 70th E

3553 State Rte 70th E

MOBILE HOME PARK, TRAILER PARK • 1.21 Acres
Value Estimation by Request
3553 State Rte 70th E, Drakesboro, KY 42337
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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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205 Walnut St

205 Walnut St

HIGH-RISE APARTMENTS • 1,560 SF
Value Estimation by Request
205 Walnut St, Greenville, KY 42345-1218
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429 College St

429 College St

HIGH-RISE APARTMENTS • 3,000 SF
Value Estimation by Request
429 College St, Greenville, KY 42345-1785
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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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Vly Ct

Vly Ct

MOBILE HOME PARK, TRAILER PARK • 0.69 Acres
Value Estimation by Request
Vly Ct, Drakesboro, KY 42337
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112 Broad St

112 Broad St

MOBILE HOME PARK, TRAILER PARK • 1.03 Acres
Value Estimation by Request
112 Broad St, Drakesboro, KY 42337-2114
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Dayton Underwood Subd

Dayton Underwood Subd

MOBILE HOME PARK, TRAILER PARK • 0.15 Acres
Value Estimation by Request
Dayton Underwood Subd, Drakesboro, KY 42337
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Mangrum Ct

Mangrum Ct

MOBILE HOME PARK, TRAILER PARK • 1.00 Acre
Value Estimation by Request
Mangrum Ct, Bremen, KY 42325
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Muhlenberg County, KY Multifamily Properties Investment Opportunities Market Analysis

Explore 12 multifamily properties for sale in Muhlenberg County, KY on our real estate platform. These investment opportunities span a total of 92,783 square feet of properties for sale, with an estimated market value of $1,489,900.

Sale prices for multifamily properties in Muhlenberg County, KY start at $289,900, averaging $744,950, 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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