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    Murray, KY
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    Murray, KY Multifamily Properties for Sale

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

    1418 Michelle Drive, Murray, KY 42071

    $550,000
    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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    Two-Story Duplex
    Updated: Apr 30
    Two-Story Duplex

    1611 Olive Street, Murray, KY 42071

    $595,000
    1,400 sqft 0.29 AC lot
    Duplex with 4 bedrooms and 2 bathrooms
    Situated on 0.2898 acres at 1611 Olive Street, Murray, KY 42071
    100% occupied since the new owner began leasing
    Built in 1963 with a metal roof
    Natural gas heating and central air
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    Triplex Income Property
    Triplex Income Property

    1326 Diuguid Drive, Murray, KY 42071

    $340,000
    2,610 sqft 0.48 AC lot

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Four-Unit Quadplex Near Murray State
    Four-Unit Quadplex Near Murray State

    1418 Michelle Drive, Murray, KY 42071

    $550,000
    4,400 sqft

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

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    Two-Home Short-Term Rental Property
    Two-Home Short-Term Rental Property

    93/105 Deerpath Trail, Murray, KY 42071

    $169,000
    720,749 sqft 0.86 AC lot

    Furnished property with two manufactured homes, a detached garage, and access to Kentucky Lake recreation.

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    Apartment Building with Detached 4-Bed House
    Apartment Building with Detached 4-Bed House

    1105 State Route 121 N, Murray, KY 42071

    $995,000

    Frame apartment building with central air and a detached four-bedroom house with basement and attached garage.

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    Remodeled Multifamily Property
    Remodeled Multifamily Property

    1611 Olive, Murray, KY 42071

    $595,000

    Fully occupied property with central air, laundry facilities, paved drive, and sidewalk access.

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    Two-Level Duplex Property
    Two-Level Duplex Property

    1611 Olive Street, Murray, KY 42071

    $595,000
    1,400 sqft

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

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    Four-Unit Two-Story Quadplex
    Four-Unit Two-Story Quadplex

    1602 Dodson, Murray, KY 42071

    $100,000

    Two-level residential income property with public water and a mix of upper- and lower-level units.

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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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    Two-Unit Duplex with Backyard
    Two-Unit Duplex with Backyard

    407 Northwood Dr, Murray, KY 42071

    $225,000
    1,800 sqft

    Maintained duplex with matching two-bedroom layouts, dining areas, and outdoor space overlooking green space.

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    Updated R-3 Multi-Family Home
    Updated R-3 Multi-Family Home

    507 S 6th Street, Murray, KY 42071

    $308,000

    Four-bedroom, three-bath home with a finished basement featuring a second full kitchen and laundry setup.

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    Renovated Multifamily Property Portfolio
    Renovated Multifamily Property Portfolio

    1510 Diuguid Drive, Murray, KY 42071

    Contact for pricing

    Four renovated multifamily properties totaling 65 units near Murray State University and I-641.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 13 Active listings in Murray, 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.

    Waterfront RV Campground with Dock
    Waterfront RV Campground with Dock

    80 Oak Tree Lane, Benton, KY 42025

    $685,000
    0.63 AC lot

    Established campground with full-service RV hookups, camper access to the water, and room for additional site development.

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    Waterfront RV Campground
    Waterfront RV Campground

    80 Oak Tree Lane, Benton, KY 42025

    $685,000

    Waterfront campground with full-service RV hookups, public water, septic service, a courtesy dock, and guest boat access.

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    Newly Developed RV Park
    Newly Developed RV Park

    15265 E U.S. 68 Highway, Hardin, KY 42048

    $299,900
    1,577 sqft 11.45 AC lot

    RV park with established utility infrastructure, covered parking, and room for additional site development.

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    Developed RV Park With Expansion Land
    Developed RV Park With Expansion Land

    15265 Us Highway 68 E, Hardin, KY 42048

    $299,900

    Eight full-hookup pads, utility infrastructure, and additional land support continued RV park development.

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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.

    Marshall County Land For Sale
    Marshall County Land For Sale

    266 Lone Valley Road, Gilbertsville, KY 42044

    Contact for pricing
    0.47 AC lot

    0.47 acre lot near KY and Barkley Lakes.

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    Residential Lot Near Lake
    Residential Lot Near Lake

    Lynn Lane, Lot 23, Big Sandy, TN 38221

    Contact for pricing
    0.20 AC lot

    Wooded building lot near lake and amenities in Big Sandy.

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    Lake Proximity Residential Acreage
    Lake Proximity Residential Acreage

    Edgar Drive lot: 95 & 96, Cadiz, KY 42211

    Contact for pricing
    1.00 AC lot

    One-acre residential lot near Lake Barkley in Cadiz, Kentucky.

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    Wooded Residential Lots in Driftwood Estates
    Wooded Residential Lots in Driftwood Estates

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

    $40,000
    2.00 AC lot

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

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    Murray, KY Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Murray, KY, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 737,159 square feet of properties for sale, with an estimated market value of $5,122,000.

    Sale prices for multifamily properties in Murray, KY start at $100,000, averaging $426,833, 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

    Apartment buildings 4
    Quadplexes 4
    Duplexes 3
    Short term rental properties 3
    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 $692.2K

    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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    Popular Searches in Murray, KY

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    Most Searched ZIP Codes in Murray, KY

    • 42071

    Featured Murray Real Estate Agencies

    Realmo connects you with licensed Murray CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Kopperud Realty
    711 Main Street Murray, KY
    Phone: 12707531222
    Keller Williams Experience Realty
    118 South 5th Street, B Murray, KY 42071
    Phone: 12707531492

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