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    Rowan County, KY Multifamily Properties for Sale

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    6 properties
    Occupied Apartment Building Portfolio
    Updated: Jul 13
    Occupied Apartment Building Portfolio

    939 Piedmont Street, Morehead, KY 40351

    $1,950,000
    15,613 sqft 17.00 AC lot
    Two tri‑plex units and two four‑plex units
    One single‑family dwelling plus one ranch with main‑level unit and basement apartment
    All units reported occupied with no vacancies
    17‑acre lot with 15,613 SF total
    Heat pump heating and cooling
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    Convenience Store and Restaurant with Commercial Kitchen
    Updated: Mar 16
    Convenience Store and Restaurant with Commercial Kitchen

    9335 Cranston Road, Morehead, KY 40351

    $575,000
    1,536 sqft 1.33 AC lot
    Two apartments above: one‑bedroom and two‑bedroom; one vacant and one used for Airbnb guests
    Fully furnished commercial kitchen plus spacious dining area and large stocked retail area with walk‑in coolers
    Rear finished room used for live entertainment, party rentals, and conference events
    Outdoor patio area out back set up and ready for additional seating and gatherings
    1.33‑acre lot with gravel overflow parking across Highway 377
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    Turnkey Short-Term Rental on Acreage
    Turnkey Short-Term Rental on Acreage

    2385 KY Hwy 801, Morehead, KY 40351

    $1,300,000
    18.74 AC lot

    Fully furnished short-term rental property on 18.742 acres near Cave Run Lake.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Convenience Store Property
    Mixed-Use Convenience Store Property

    9335 Cranston Rd, Morehead, KY 40351

    $575,000
    1,536 sqft

    Convenience store and restaurant with furnished commercial kitchen, dining area, retail space, and walk-in coolers.

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    48-Unit Multifamily Investment Opportunity
    48-Unit Multifamily Investment Opportunity

    300 Pine Ridge Drive, Morehead, KY 40351

    $3,500,000
    37,386 sqft 40.00 AC lot

    Multifamily property with stable demand and peaceful natural setting.

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    Pine Ridge 48-Unit Apartment Community
    Pine Ridge 48-Unit Apartment Community

    300 Pine Ridge Dr, Morehead, KY 40351

    $3,500,000
    37,386 sqft

    HUD-supported housing community with a diversified bedroom mix, management office, and on-site laundry facility.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Rowan County, KY, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 3 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.

    Acre Lot in Country Subdivision
    Acre Lot in Country Subdivision

    23-23 Outlook Dr, Owingsville, KY 40360

    Contact for pricing
    1.00 AC lot

    Acre lot suitable for residential use, mobile homes allowed.

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    Surveyed Hunting and Development Land
    Surveyed Hunting and Development Land

    400 Keith Whitley Blvd., Sandy Hook, KY 41171

    $199,900
    75.00 AC lot

    Approximately 75 surveyed acres offering a mix of city-limit and outside-city development flexibility.

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    Surveyed Development Land Parcel
    Surveyed Development Land Parcel

    400 Keith Whitley Blvd., Sandy Hook, KY 41171

    $199,900
    75.00 AC lot

    Surveyed acreage with city-limit and out-of-city portions, suited for a variety of residential and mixed-use concepts.

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    Off-Market Properties in Rowan County, KY

    Consider similar Off-Market properties in Rowan 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.

    9425 Brown Ridge Rd
    Individual retail properties

    9425 Brown Ridge Rd, Morehead, KY 40351

    Value Estimation by Request
    5,568 sqft 1.84 AC lot
    View details

    Rowan County, KY Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Rowan County, KY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 93,457 square feet of properties for sale, with an estimated market value of $11,400,000.

    Sale prices for multifamily properties in Rowan County, KY start at $575,000, averaging $1,900,000, and reaching up to $3,500,000 — 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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