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Muhlenberg County, 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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Greenville Fourplex with Commercial Potential
$289,900
1,600 SF

Greenville Fourplex with Commercial Potential

102 West Depot, Greenville, KY 42345

Commercial/residential fourplex with income potential in high-traffic location.

  • Prime location with maximum traffic exposure in Muhlenberg County.
  • Zoned commercial/residential, offering versatile usage options.
  • Two income‑generating efficiency/studio apartments with separate entrances, currently used for short‑term rentals.
  • Recently remodeled interior (less than 2 years ago) and newer roof (less than 3 years ago).
  • Lower level features two suites suitable for a small business, with shared bath.
Updated: Oct 1, 2025
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Central City Multifamily Investment Property
$1,200,000
1.90 Acres

Central City Multifamily Investment Property

27-unit multifamily property generating approximately $174,000 gross annually.

1213 W Reservoir Avenue, Central City, KY 42330
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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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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 4 Active listings in Muhlenberg County, KY, we suggest exploring several alternatives: similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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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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 Mortons Gap
$40,000

Residential Land in Mortons Gap

Residential land with multi-family conditional use overlay available.

W Walnut Street, Mortons Gap, KY 42440
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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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Explore Off-Market Properties in Muhlenberg County, KY

Consider similar Off-Market properties in Muhlenberg County, 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.

3553 State Rte 70th E

3553 State Rte 70th E

MOBILE HOME PARK, TRAILER PARK • 1.21 Acres
Value Estimation by Request
3553 State Rte 70th E, Drakesboro, KY 42337
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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
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205 Walnut St

205 Walnut St

HIGH-RISE APARTMENTS • 1,560 SF
Value Estimation by Request
205 Walnut St, Greenville, KY 42345-1218
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Phillip Stone Way

Phillip Stone Way

Land • 20.00 Acres
Value Estimation by Request
0 Phillip Stone Way, Central City, KY 42330
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429 College St

429 College St

HIGH-RISE APARTMENTS • 3,000 SF
Value Estimation by Request
429 College St, Greenville, KY 42345-1785
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Welborn St

Welborn St

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

Vly Ct

MOBILE HOME PARK, TRAILER PARK • 0.69 Acres
Value Estimation by Request
Vly Ct, Drakesboro, KY 42337
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112 Broad St

112 Broad St

MOBILE HOME PARK, TRAILER PARK • 1.03 Acres
Value Estimation by Request
112 Broad St, Drakesboro, KY 42337-2114
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Dayton Underwood Subd

Dayton Underwood Subd

MOBILE HOME PARK, TRAILER PARK • 0.15 Acres
Value Estimation by Request
Dayton Underwood Subd, Drakesboro, KY 42337
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Mangrum Ct

Mangrum Ct

MOBILE HOME PARK, TRAILER PARK • 1.00 Acre
Value Estimation by Request
Mangrum Ct, Bremen, KY 42325
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Muhlenberg County, KY Residential Income Properties Investment Opportunities Market Analysis

Explore 15 residential income properties for sale in Muhlenberg County, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 172,498 square feet of properties for sale, with an estimated market value of $1,885,900.

Sale prices for residential income properties in Muhlenberg County, KY start at $289,900, averaging $628,633, 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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