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    Murray, KY
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    Murray, KY Multifamily Properties for Sale

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    Two-Level Residential Income Duplex
    Updated: Apr 30
    Two-Level Residential Income Duplex

    1611 Olive Street, Murray, KY 42071

    $595,000
    1,400 sqft 0.29 AC lot
    4BR, 2BA duplex with 1,400 sq. ft. on each level
    100% occupied since new owner began leasing
    1963 construction with metal roof
    Heating: natural gas; cooling includes central air, electric, and ceiling fans
    Includes laundry room and open parking
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    Former College Housing Multi-Family
    Updated: Jun 22
    Former College Housing Multi-Family

    1105 State Route 121 N, Murray, KY 42071

    $995,000
    Multi‑family layout formerly used as college housing, with 24 potential bedrooms in the main building
    Main building includes a full kitchen, 2 bathrooms, bedrooms, and communal living/dining areas
    Upstairs offers additional bedrooms with 2 baths, plus a kitchenette and common spaces
    Rear building adds 6 bedrooms, a kitchen, 2 bathrooms, and a central common area
    Detached 4‑bed, 3‑bath house with basement and attached garage adds rental flexibility
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    Well-Maintained Brick Duplex
    Well-Maintained Brick Duplex

    1302 Valleywood Drive, Murray, KY 42071

    $238,000
    913 sqft 0.30 AC lot

    Two 2-bedroom units with in-unit laundry and private patios on a level lot.

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    Manufactured Home Income Property
    Manufactured Home Income Property

    93/105 Deerpath Trail, Murray, KY 42071

    $180,000
    720,749 sqft 0.86 AC lot

    Two enclosed manufactured homes each with 2 beds and 1 bath plus a detached 2-car garage; furnished and sold AS IS.

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    Four-Unit Multifamily Building
    Four-Unit Multifamily Building

    1602 Dodson Street, Murray, KY 42071

    $100,000
    400 sqft 0.21 AC lot

    Four occupied units arranged as two upper and two lower suites, each with one bedroom and one bath.

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    Quadplex with 4 Occupied Units
    Quadplex with 4 Occupied Units

    1602 Dodson, Murray, KY 42071

    $100,000

    For sale quadplex with four occupied units, including two lower units and two upper units.

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    Brick Ranch Duplex with Patios
    Brick Ranch Duplex with Patios

    1302 Valleywood Drive, Murray, KY 42071

    $238,000

    Well-maintained duplex offers two 2-bedroom units with in-unit laundry and private patio spaces.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 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.

    Multifamily Rental Portfolio
    Multifamily Rental Portfolio

    10 Captain Lane, Gilbertsville, KY 42044

    $2,600,000
    7,416 sqft 1.70 AC lot

    Turnkey portfolio of six rental units at Moors Resort, offering a mix of 2-4 bedroom layouts near the lake.

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    Apartment Building with 11 Units
    Apartment Building with 11 Units

    6708 US Highway 641 N, Gilbertsville, KY 42044

    $525,000

    Income-producing apartment building on over 2.5 acres with multiple parking options and a storage garage.

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    Two Furnished Cottages with Boat Parking
    Two Furnished Cottages with Boat Parking

    876 W Antioch Rd., Springville, TN 38256

    $320,000
    1,344 sqft

    Two newly built, fully furnished 1-bed/1-bath cottages configured for short-term stays and covered boat parking.

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    Acreage Near Kentucky Lake
    Acreage Near Kentucky Lake

    Madylie Lynn Dr, Springville, TN 35256

    $399,900
    21.34 AC lot

    21.34 acres with RV sites near Kentucky Lake.

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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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    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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    Adjoining Recreational Land Lots
    Adjoining Recreational Land Lots

    Raintree, Big Sandy, TN 38221

    Contact for pricing
    0.40 AC lot

    Two adjoining lots near Kentucky Lake support fishing or hunting camp use with water available and septic required.

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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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    Murray, KY Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Murray, KY, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 723,462 square feet of properties for sale, with an estimated market value of $1,113,000.

    Sale prices for multifamily properties in Murray, KY start at $100,000, averaging $278,250, and reaching up to $595,000 — 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

    Short term rental properties 3
    Duplexes 2
    Quadplexes 2
    Apartment buildings 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 $594.3K

    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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