Central City, KY
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    Central City, KY Residential Income Properties for Sale

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    Mixed-Use Property in Central City
    $396,000
    1.83 Acres

    Mixed-Use Property in Central City

    615 S 2nd Street, Central City, KY 42330

    Commercial and residential income property in Central City, Kentucky.

    • High‑visibility location off the Western Kentucky Parkway in Central City's business district.
    • Versatile 3,000± sq ft building suitable for commercial and residential use.
    • Includes two residential units (3‑bed/3‑bath and 2‑bed/1‑bath) for rental income or on‑site housing.
    • Adaptable 1,200± sq ft commercial space suitable for retail, office, or other businesses.
    • Built in 2017 with modern amenities including handicap‑accessible restrooms and office space.
    Updated: Apr 7
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    Central City Multifamily Investment Property
    $1,200,000
    1.90 Acres

    Central City Multifamily Investment Property

    1213 W Reservoir Avenue, 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: Mar 17, 2025
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    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.

    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 Road, Madisonville, KY 42431
    View details
    Madisonville Duplexes For Sale
    $850,000
    812 SF

    Madisonville Duplexes For Sale

    Five duplexes with potential for increased rental income.

    Cindy Drive, Madisonville, KY 42431
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    Multi-Unit Apartment Complex in Owensboro
    $3,900,000

    Multi-Unit Apartment Complex in Owensboro

    50-unit apartment complex with expansion potential in Owensboro, Kentucky.

    2916 Veach Road, Owensboro, KY 42303
    View details
    Owensboro Multifamily Investment Opportunity
    $2,800,000

    Owensboro Multifamily Investment Opportunity

    28-unit multifamily investment property in Owensboro, Kentucky.

    2213,2225,2301 Yewells Landing North, Owensboro, KY 42303
    View details

    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
    $40,000
    0.75 Acres

    Residential Land in Greenville, KY

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

    123 Mill St, Greenville, KY 42345
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    Industrial Property with Rental Income
    $299,000

    Industrial Property with Rental Income

    Industrial buildings with rental homes in Beech Creek, Kentucky.

    242 Beech Creek Road, Beech Creek, KY 42321
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    Lewisburg Acreage with Pond
    $89,000
    8.63 Acres

    Lewisburg Acreage with Pond

    8.63 acres in Lewisburg, KY, with pond and utilities.

    4643 Huntsville Quality Road, Lewisburg, KY 42256
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    Residential Land in Madisonville, KY
    $448,000
    12.90 Acres

    Residential Land in Madisonville, KY

    12.9 acre residential land ideal for development.

    Pebble Creek Dr., Madisonville, KY 42431
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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.

    Carroll St

    Carroll St

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    Carroll 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
    View details
    Phillip Stone Way

    Phillip Stone Way

    Land • 20.00 Acres
    Value Estimation by Request
    0 Phillip Stone Way, Central City, KY 42330
    View details
    Welborn St

    Welborn St

    MOBILE HOME PARK, TRAILER PARK • 3.43 Acres
    Value Estimation by Request
    Welborn St, Central City, KY 42330
    View details

    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 0 square feet of properties for sale, with an estimated market value of $1,596,000.

    Sale prices for residential income properties in Central City, KY start at $396,000, averaging $798,000, 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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