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Morehead, KY Residential Income Properties for Sale

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Diverse Income-Generating Property Portfolio
$1,300,000
22.00 Acres

Diverse Income-Generating Property Portfolio

Morehead, KY 40351

Portfolio with cabins, houses, campground, and building lots for sale.

  • Diverse income streams from Airbnb cabins, rental houses, mobile home, and campgrounds.
  • Significant expansion potential with extra land for building homes or enlarging campgrounds.
  • Multiple properties included: 2 Airbnb cabins, 2 rental houses, 1 larger house, 1 mobile home, and 2 campgrounds (13 acres and 4.5 acres).
  • Includes additional building lots (approx. .67 acres and .5 acres).
  • Campgrounds offer a total of 19 spaces.
Updated: Sep 12, 2025
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Stabilized Student Housing Near MSU
$12,535,000

Stabilized Student Housing Near MSU

101 Lois Ln, Morehead, KY 40351

Purpose-built student housing community near Morehead State University.

  • Attractive Financial Profile: Strong NOI of $962,004, priced at $12,535,000 with a 7.67% cap rate.
  • Fully Renovated: $2.55M+ invested in upgrades, including new flooring, roofing, HVAC, appliances, parking lots, plumbing, lighting, and interior finishes.
  • Market‑Leading Rents & Occupancy: Achieves top‑of‑market average rent of $1,005 per unit with consistent 100% occupancy.
  • Undersupplied Market: Limited competition in Morehead creates ongoing demand stability and rent growth potential.
  • Proximity to Campus: Located just minutes from Morehead State University.
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Morehead, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 3 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.

Versatile Property with Income Potential
$225,000
1.00 Acre

Versatile Property with Income Potential

Office building with income-generating mobile home lots in Frenchburg, KY.

Highway 460, Frenchburg, KY 40322
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Land Near Daniel Boone Forest
$39,000
1.58 Acres

Land Near Daniel Boone Forest

1.58 acres near Daniel Boone National Forest and Red River Gorge.

Oak Hl Dr, Frenchburg, KY 40322
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Versatile Mixed-Use Building, Vanceburg
$348,000
10,800 SF

Versatile Mixed-Use Building, Vanceburg

10,000+ sqft commercial building in downtown Vanceburg, Kentucky.

89 Second St, Vanceburg, KY 41179
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Income-Producing Lot Near Riverfront
$78,000
0.65 Acres

Income-Producing Lot Near Riverfront

0.65 acre lot with 7 hookups near riverfront.

199 Rowley Ave, Vanceburg, KY 41179
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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.

Highway Frontage Land Near Lake
$110,000
1.26 Acres

Highway Frontage Land Near Lake

1.26-acre lot near Cave Run Lake and Morehead, KY.

60 Lakewood Dr, Morehead, KY 40351
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Kentucky Land Ready For Vision
$269,999
91.20 Acres

Kentucky Land Ready For Vision

91.2 acres of surveyed land near Cave Run Lake.

912 Acres Land, Morehead, KY 40351
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Land For Sale, Morehead, KY
$250,000
50.47 Acres

Land For Sale, Morehead, KY

50.466 acres of land available in Morehead, Kentucky.

6800 Lower Licking Rd, Morehead, KY 40351
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Explore Off-Market Properties in Morehead, KY

Consider similar Off-Market properties in Morehead, 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.

9425 Brown Ridge Rd

9425 Brown Ridge Rd

Individual retail properties • 5,568 SF
Value Estimation by Request
9425 Brown Ridge Rd, Morehead, KY 40351
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Morehead, KY Residential Income Properties Investment Opportunities Market Analysis

Explore 3 residential income properties for sale in Morehead, KY on our real estate platform. These investment opportunities span a total of 16,030,080 square feet of properties for sale, with an estimated market value of $3,000,000.

Prices for residential income properties in Morehead, KY start at $1,300,000, averaging $1,500,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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