Multifamily

Murray, KY Multifamily Properties for Sale

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23 properties
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Four-Unit Quadplex Near Campus
Updated: Aug 19
Four-Unit Quadplex Near Campus

1418 Michelle Drive, Murray, KY 42071

$534,000
4,400 sqft 0.37 AC lot
Four 2‑bedroom, 1.5‑bath units in one quadplex
4,400 square feet across the building
Approximately 1.5 miles from Murray State University
Built in 1994 on a 0.3709‑acre lot
Central air and heat‑pump heating
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Duplex with Central HVAC
Updated: Aug 26
Duplex with Central HVAC

1003 Northwood Drive, Murray, KY 42071

$205,000
1,792 sqft 0.46 AC lot
1,792‑square‑foot duplex with two bedrooms and one full bathroom per unit
100% occupied with leases in place through June 30, 2027
R‑4 Multi‑Family zoning on a 0.456‑acre parcel
Roof replaced in 2022
Separate central HVAC system in each unit
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All-Brick Duplex
All-Brick Duplex

1304 Peggy Ann Drive, Murray, KY 42071

$210,000
1,425 sqft 0.28 AC lot

Fully occupied two-unit rental property with separate living spaces and convenient access to Murray.

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Four-Unit Quadplex Near Murray State
Four-Unit Quadplex Near Murray State

1418 Michelle Drive, Murray, KY 42071

$534,000
4,400 sqft

Four residential units provide a compact multifamily configuration near campus, shopping, and dining.

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Brick Duplex with Two Units
Brick Duplex with Two Units

1304 1306 Diuguid Drive, Murray, KY 42071

$275,000
1,740 sqft 0.48 AC lot

Leased residences offer two bedrooms, one full bath, and separate living accommodations in each unit.

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Two-Unit Duplex with Private Laundry
Two-Unit Duplex with Private Laundry

301 N 7th Street, Murray, KY 42071

$150,000
1,818 sqft 0.30 AC lot

Both units have off-street parking, with outdoor yard space on a corner parcel.

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Two-Story Duplex
Two-Story Duplex

1611 Olive Street, Murray, KY 42071

$595,000
1,400 sqft 0.29 AC lot

Residential duplex with natural gas heat, central air, open parking, and a metal roof.

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Duplex with Central HVAC
Duplex with Central HVAC

1003 Northwood Dr, Murray, KY 42071

$205,000
1,792 sqft

Fully leased two-unit property with R-4 Multi-Family zoning and separate central HVAC systems.

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Brick Duplex with Private Entrances
Brick Duplex with Private Entrances

400 S 6th Street, Murray, KY 42071

$150,000
1,453 sqft 0.19 AC lot

Each residence has separate electric and water meters, and laundry facilities are located in the basement.

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Triplex Income Property
Triplex Income Property

1326 Diuguid Drive, Murray, KY 42071

$335,000
2,610 sqft 0.48 AC lot

For sale triplex income property in Murray, KY, zoned R-4.

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Two-Unit Duplex with Private Laundry
Two-Unit Duplex with Private Laundry

301 N 7th St, Murray, KY 42071

$150,000
1,818 sqft

Both residences have off-street parking and private laundry areas.

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Duplex with Central Air
Duplex with Central Air

1801 Ridgewood Drive, Murray, KY 42071

$250,000
1,711 sqft 0.26 AC lot

Electric heat pump heating and central air conditioning serve the residence.

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Occupied Four-Unit Quadplex
Occupied Four-Unit Quadplex

1602 Dodson Street, Murray, KY 42071

$100,000
400 sqft 0.21 AC lot

Four occupied residences feature open living and kitchen areas with one bedroom and one bathroom each.

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Brick Two-Unit Duplex
Brick Two-Unit Duplex

400 S 6th St, Murray, KY 42071

$150,000
1,453 sqft

Two separately metered residences include individual heating and cooling systems and basement laundry.

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Multifamily Property
Multifamily Property

1801 Ridgewood Dr, Murray, KY 42071

$250,000
1,711 sqft

Built in 1990, the property includes a documented inspection and completed repairs, with one floor-joist section remaining unrepaired.

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Two-Level Duplex Property
Two-Level Duplex Property

1611 Olive St, Murray, KY 42071

$595,000
1,400 sqft

Each level provides four bedrooms and two bathrooms for residential leasing use.

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Duplex Property
Duplex Property

1308 / 1310 Diuguid Dr, Murray, KY 42071

$275,000
1,740 sqft

Two-unit residential property constructed in 1986.

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All-Brick Duplex
All-Brick Duplex

1304 Peggy Ann Dr, Murray, KY 42071

$210,000
1,425 sqft

Fully occupied two-unit property with matching two-bedroom, one-bath layouts.

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Brick Duplex with Two-Bedroom Units
Brick Duplex with Two-Bedroom Units

1304 1306 Diuguid Dr, Murray, KY 42071

$275,000
1,740 sqft

Both residences are leased and positioned near Murray State University, restaurants, shopping, schools, and other local amenities.

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Brick Duplex
Brick Duplex

1306 Diuguid Dr 1304, Murray, KY 42071

$275,000
1,740 sqft

Both residences are currently rented, with matching two-bedroom, one-bathroom layouts.

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Duplex Property
Duplex Property

1326 Diuguid Dr, Murray, KY 42071

$335,000
2,610 sqft

Two-unit residential income asset with a documented building area suitable for multifamily ownership.

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Multifamily Property with Multiple Buildings
Multifamily Property with Multiple Buildings

1105 State Route 121, Murray, KY 42071

$995,000
12,448 sqft

Former college housing includes shared living areas, kitchens, bedrooms, and a separate house with flexible occupancy options.

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Multi-Building Apartment Property
Multi-Building Apartment Property

1105 Chestnut St, Murray, KY 42071

$995,000
12,448 sqft

Former college housing includes shared living areas, kitchens, bathrooms, and a separate house with flexible occupancy options.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Murray, KY

Murray, KY Multifamily Properties Market Trends and Statistics

Explore 23 multifamily properties for sale in Murray, KY, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 65,474 square feet of properties for sale, with an estimated market value of $8,048,000.

Sale prices for multifamily properties in Murray, KY start at $100,000, averaging $349,913, and reaching up to $995,000 — 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

Duplexes 16
Quadplexes 3
Apartment buildings 2
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 31K
Population Growth (5Y) -2.7%
Median Household Income $48,976
College Educated 50.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
42071 $462.4K

Taxes & Financing

Tax Rate (average for all types) 0.67%
Property Tax per SF $5.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Calloway County

New Delisted

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