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Central City, KY Residential Income Properties for Sale

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Central City Multifamily Investment Property
$1,200,000
1.90 Acres

Central City Multifamily Investment Property

1213 W Reservoir Ave, 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: May 14, 2025
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Central City KY Land - 20 Acres
Contact for pricing
20.00 Acres

Central City KY Land - 20 Acres

0 Phillip Stone Way, Central City, KY 42330

Prime Commercial/Residential Land Investment

  • Versatile commercial/residential zoning in Central City, KY (zip code 42330).
  • Strategic location in Central City with convenient access to amenities and transportation.
  • Suitable for commercial, residential, or mixed‑use development.
  • Easy access to key infrastructure in Muhlenberg County.
  • 20‑acre expansive parcel offering significant development potential.
Updated: Dec 11, 2024
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Central City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial Property with Rental Income
$299,000

Industrial Property with Rental Income

Industrial buildings with rental homes in Beech Creek, Kentucky.

242 Beech Creek Rd, Beech Creek, KY 42321
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Industrial Property with Residential Income
$299,000

Industrial Property with Residential Income

Industrial buildings and residential units generating monthly rental income.

242 Beech Creek Rd, Beech Creek, KY 42321
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Madisonville Duplexes For Sale
$850,000
812 SF

Madisonville Duplexes For Sale

Five duplexes with potential for increased rental income.

Cindy Dr, Madisonville, KY 42431
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Remodeled Farmhouse on Rolling Acres
$529,900
3,025 SF

Remodeled Farmhouse on Rolling Acres

Spacious 3-bedroom home on 16.7 acres with income potential.

395 Carroll Gentry Rd, Madisonville, KY 42431
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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.

8-Acre Vacant Land Near Bremen
$65,000
8.00 Acres

8-Acre Vacant Land Near Bremen

8 acres of land perfect for building and hunting.

Parcel 086-00-00-027.001 Morgan Rickard Ln, Central City, KY 42330
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Explore Off-Market Properties in Central City, KY

Consider similar Off-Market properties in Central City, 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.

Carroll St

Carroll St

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
Carroll St, Central City, KY 42330
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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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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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Phillip Stone Way

Phillip Stone Way

Land • 20.00 Acres
Value Estimation by Request
0 Phillip Stone Way, Central City, KY 42330
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Central City, KY Residential Income Properties Investment Opportunities Market Analysis

Explore 6 residential income properties for sale in Central City, KY on our real estate platform. These investment opportunities span a total of 82,764 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale prices for residential income properties in Central City, KY start at $1,200,000, averaging $1,200,000, 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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