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    Rowan County, KY Residential Income Properties for Sale

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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.
    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Rowan County, KY, we suggest exploring several alternatives: similar 3 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.

    Cleared Acre Lot Near Morehead
    Pending
    Contact for pricing
    1.08 Acres

    Cleared Acre Lot Near Morehead

    One-acre lot with utilities, ready for development near Morehead.

    448 Lambert Hollow Rd, Clearfield, KY 40313
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    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 Rowan County, KY

    Consider similar Off-Market properties in Rowan 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.

    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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    Rowan County, KY Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Rowan County, KY on our real estate platform. These investment opportunities span a total of 15,071,760 square feet of properties for sale, with an estimated market value of $1,700,000.

    Prices for residential income properties in Rowan County, KY start at $1,700,000, averaging $1,700,000, 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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    Browse Residential income properties for Sale Near Rowan, KY

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