Central City, KY Residential income properties for sale

Updated: Mar 17, 2025

Renovated Apartment Building with Coin Laundry

1213 W Reservoir Avenue, Central City, KY 42330

$1,200,000

1.90 AC lot

27 units on approximately 1.9 acres
Renovations include exterior paint and PTAC heat/air replacements (majority) approx six years ago
Coin laundry on site
Tenants pay electric; owner pays water, sewer, trash
Built in 1977

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Based on your search, we've compiled 13 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 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.

3-Unit Triplex for Short-Term Rentals

118 S Franklin, Madisonville, KY 42431

$255,900

2,946 sqft 0.29 AC lot

Triplex with three established rental units, updated interiors, central air, and a fenced lot with storage building.

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Office Building with Handicap Access

123 Waddill, Madisonville, KY 42431

$530,000

21,800 sqft 2.00 AC lot

Brick office building with handicap access, security system, and central air, set on 2 acres with potential for additional spaces.

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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 Warehouse Compound

242 Beech Creek Road, Beech Creek, KY 42321

$299,000

6.12 AC lot

Multiple insulated steel buildings support industrial storage, vehicle-related operations, and accessory residential rental use.

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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 Greenville, KY

123 Mill St, Greenville, KY 42345

$40,000

0.75 AC lot

0.75+/- acre lot, ideal for home or duplex.

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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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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

Value Estimation by Request

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HIGH-RISE APARTMENTS

508 Broad St, Central City, KY 42330-1566

$565,000

Estimated value

6,360 sqft

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Land

0 Phillip Stone Way, Central City, KY 42330

Value Estimation by Request

20.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

Welborn St, Central City, KY 42330

Value Estimation by Request

3.43 AC lot

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Central City, KY Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Central City, KY on our real estate platform.

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