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    Morehead, KY
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    Morehead, KY Residential Income Properties for Sale

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    Salt Lick, KY Hillsboro, KY Owingsville, KY
    Operating Convenience Store with Apartments
    $575,000
    1,536 SF
    Operating Convenience Store with Apartments

    9335 Cranston Road, Morehead, KY 40351

    Profitable convenience store with restaurant, apartments, and outdoor patio.
    • Established convenience store and restaurant with immediate income potential.
    • Multiple income streams: store/restaurant, live entertainment/events space, and two apartments (one currently used as Airbnb).
    • Large 6,464 sq. ft. property with fully furnished commercial kitchen, spacious dining area, and stocked retail area with walk‑in coolers.
    • Versatile outdoor patio area suitable for additional seating, live music, or outdoor gatherings.
    • Additional finished room for live entertainment, party rentals, and conference events.
    Updated: Mar 16
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    Turnkey Short-Term Rental on Acreage
    $1,300,000
    18.74 Acres
    Turnkey Short-Term Rental on Acreage

    2385 KY Hwy 801, Morehead, KY 40351

    Fully furnished short-term rental property on 18.742 acres near Cave Run Lake.
    • Turnkey, fully furnished short‑term rental ready for immediate income generation.
    • Prime commercial location between I‑64 and Cave Run Lake, only 0.7 mile from Exit 133.
    • Significant acreage (18.742 surveyed acres) offering potential for expansion or development.
    • Established vacation rental with 3 bedrooms, 1.5 baths, and a large kitchen designed for guest convenience.
    • Desirable outdoor amenities including a spacious deck, private pond with catch‑and‑release fishing, fire pit, and walking trail.
    Updated: Apr 23
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    48-Unit Multifamily Investment Opportunity
    $3,500,000
    37,386 SF
    48-Unit Multifamily Investment Opportunity

    Multifamily property with stable demand and peaceful natural setting.

    300 Pine Ridge Drive, Morehead, KY 40351

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    Student Housing Community Near MSU
    $12,535,000
    Student Housing Community Near MSU

    Stabilized student housing community near Morehead State University.

    101 Lois Lane, Morehead, KY 40351

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 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 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.

    Mixed-Use Properties in Mt. Sterling
    $540,000
    4,196 SF
    Mixed-Use Properties in Mt. Sterling

    Mixed-use properties with commercial and residential spaces in downtown Mt. Sterling.

    4-12 Court Street, Mt Sterling, KY 40353

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    Downtown Mt Sterling Mixed-Use Property
    $275,500
    2,040 SF
    Downtown Mt Sterling Mixed-Use Property

    Well-maintained mixed-use property with commercial and residential units.

    4-8 Court St, Mt Sterling, KY 40353

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    Versatile Mixed-Use Building, Vanceburg
    $348,000
    10,800 SF
    Versatile Mixed-Use Building, Vanceburg

    Spacious commercial building in downtown Vanceburg with multiple income possibilities.

    89 2nd Street, Vanceburg, KY 41179

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    Versatile Commercial Property in Vanceburg
    $249,000
    1.42 Acres
    Versatile Commercial Property in Vanceburg

    Investment opportunity suitable for restaurant, store, gas station, or Airbnb.

    40 Hidden Treasure Lane, 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.

    Scenic Land in Morehead, KY
    Contact for pricing
    2.84 Acres
    Scenic Land in Morehead, KY

    2.84 acre lot with scenic views for building.

    200 Cr-1636, Morehead, KY 40351

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    Residential Lot in Desirable Subdivision
    Contact for pricing
    0.29 Acres
    Residential Lot in Desirable Subdivision

    Ideal lot for building your dream home in Morehead, Kentucky.

    Lake Shore Drive lot: 43, Morehead, KY 40351

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    Residential Lot in Desirable Subdivision
    Contact for pricing
    0.19 Acres
    Residential Lot in Desirable Subdivision

    Residential lot in Morehead, Kentucky, ideal for building a home.

    Grayson Drive lot: 62, Morehead, KY 40351

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    Residential Land in Desirable Location
    Contact for pricing
    0.53 Acres
    Residential Land in Desirable Location

    Ideal lot for building your dream home in Morehead, Kentucky.

    Grayson Drive lot: 49A, Morehead, KY 40351

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    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.

    1800 Rice Rd
    Land
    Value Estimation by Request

    1800 Rice Rd, Morehead, KY 40351

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    1600 Ditney Rdg Rd
    Farms
    Lot: 346.00 Acres
    Value Estimation by Request

    1600 Ditney Rdg Rd, Morehead, KY 40351

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    9425 Brown Ridge Rd
    Individual retail properties
    5,568 SF Lot: 1.84 Acres
    Value Estimation by Request

    9425 Brown Ridge Rd, Morehead, KY 40351

    View details

    Morehead, KY Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income properties for sale in Morehead, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 38,922 square feet of properties for sale, with an estimated market value of $4,075,000.

    Sale prices for residential income properties in Morehead, KY start at $575,000, averaging $2,037,500, and reaching up to $3,500,000 — 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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    Top Commercial Asset Segments

    Multifamily properties 4
    Apartment buildings 2
    Short term rental properties 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +4.9%
    Median Household Income $51,110
    College Educated 40.7%

    High-Yield Neighborhoods for Investment

    Identify Morehead submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    40351 $4.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $5.20 per sq ft
    Average Loan-to-Value 65.0%

    Total CRE Area on Market Trend

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