Central City, KY Residential income properties for sale

Updated: Mar 17, 2025

27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

1.90 AC lot

27 units on approximately 1.9 acres
Renovated approximately 6 years ago
100% occupied with consistent rental history
Majority of PTAC heat/air units replaced
On‑site coin laundry

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Updated: Mar 19, 2025

27-Unit Apartment Building

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

17,000 sqft

27 units across approximately 1.9 acres
17,000 SF apartment property built in 1977
Renovated approximately 6 years ago
Majority of PTAC heat/air units replaced; exterior painted
Coin laundry on site

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 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 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.

Historic Short-Term Rental Property

231 S Main Street, Madisonville, KY 42431

$625,000

4,534 sqft 0.72 AC lot

Downtown lodging and event property with guest accommodations, common gathering areas, and a manager’s apartment.

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Furnished Triplex With Updated Interiors

118 S Franklin, Madisonville, KY 42431

$255,900

2,946 sqft 0.29 AC lot

Three furnished rental units include kitchens, laundry areas, and varied bedroom configurations.

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Industrial Property with Residential Income

242 Beech Creek Rd, Beech Creek, KY 42321

$299,000

7,180 sqft 6.00 AC lot

Industrial buildings and residential units generating monthly rental income.

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Industrial Property with Multiple Buildings

242 Beech Creek Road, Beech Creek, KY 42321

$299,000

6.12 AC lot

Steel-framed improvements include insulated work buildings, three-phase power, and a vehicle service pit.

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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.

Residential Land in Madisonville, KY

Pebble Creek Dr., Madisonville, KY 42431

$448,000

12.90 AC lot

12.9 acre residential land ideal for development.

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Land on I-69, Hanson, KY

Kettle Lane, Hanson, KY 42413

$421,850

7.67 AC lot

Ideal location for apartment or condominium complex with utilities on-site.

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Residential Lots in Hanson, KY

Kettle Lane, Hanson, KY 42413

Contact for pricing

0.25 AC lot

Ready-to-build residential lots with utilities and easy access.

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Residential Lots Ready to Build

Kettle Lane, Hanson, KY 42413

Contact for pricing

0.17 AC lot

Residential lots in Hanson with utilities and easy access.

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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.

MOBILE HOME PARK, TRAILER PARK

Carroll St, Central City, KY 42330

Estimated value:

No data

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HIGH-RISE APARTMENTS

508 Broad St, Central City, KY 42330-1566

Estimated value:

$565,000

6,360 sqft

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Land

0 Phillip Stone Way, Central City, KY 42330

Estimated value:

No data

20.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

Welborn St, Central City, KY 42330

Estimated value:

No data

3.43 AC lot

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Central City, KY Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Central City, KY on our real estate platform. These investment opportunities span a total of 17,000 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for residential income properties in Central City, KY average $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.

Neighborhood	Average Price
42330	$1.2M

Neighborhood

Average Price

42330

$1.2M

Central City, KY Residential Income Properties for Sale

1213 W Reservoir Avenue, Central City, KY 42330

1213 W Reservoir Avenue, Central City, KY 42330