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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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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Central City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

$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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$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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$249,000

Historic Building with Apartment Potential

Downtown Beaver Dam building with restaurant and apartment potential.

107 N Main St Rd, Beaver Dam, KY 42320

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$249,000

4,200 SF

Historic Beaver Dam Mixed-Use Building

Historic downtown building with restaurant and apartment potential.

107 N Main St, Beaver Dam, KY 42320

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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.

$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.

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

HIGH-RISE APARTMENTS • 6,360 SF

Value Estimation by Request

508 Broad St, Central City, KY 42330-1566

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Carroll St

MOBILE HOME PARK, TRAILER PARK

Value Estimation by Request

Carroll St, Central City, KY 42330

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Central City, KY Residential Income Properties Investment Opportunities Market Analysis

Explore 4 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.

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 have the most current data.

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Central City, KY Residential Income Properties for Sale

Central City Multifamily Investment Property

27-unit multifamily property generating approximately $174,000 gross annually.