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    Clay City, KY
    Triplex

    Clay City, KY Triplexes for Sale

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    Multifamily Property with Eight Units
    Updated: Jul 31
    Multifamily Property with Eight Units

    2885 Main Street, Clay City, KY 40312

    $410,000
    1,920 sqft 3.00 AC lot
    Eight rental units across a triplex, house, and four manufactured homes
    Approximately 3 acres in Clay City, KY
    18 bedrooms and 10 bathrooms identified in the room data
    1,920 square feet of property improvements
    Newer septic systems and updates to several units
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    Triplex Income Property with 3 Units
    Updated: Jun 8
    Triplex Income Property with 3 Units

    119 Fifth Avenue, Clay City, KY 40312

    $360,000
    2,784 sqft 0.15 AC lot
    Triplex with 3 units: two units feature 2 bed/1 bath, and the third unit features 3 bed/3 bath
    Two units are currently rented; one unit was recently vacated and is open for showings
    Updates within the past two years include new HVAC systems for two units and rear 8 x 10 decks
    Roof was replaced 9 years ago; includes a blacktop parking lot for triplex tenants
    Forced air heating and central air cooling
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Clay City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Triplex with Furnishings
    Updated Triplex with Furnishings

    304-306 Ridgeway Road, Lexington, KY 40502

    $725,000
    2,244 sqft 0.17 AC lot

    Three one-bedroom units with central air, heat pumps, and select furnishings included.

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    Triplex with Three Units
    Triplex with Three Units

    1205, 1207, 1209 Reva Ridge Way, Lexington, KY 40517

    $682,500
    3,564 sqft 0.14 AC lot

    Three-unit triplex built in 1984, with two-bedroom, 1.5-bath layouts in each unit and electric heating and cooling.

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    Triplex with Two Updated Units
    Triplex with Two Updated Units

    130 E Broadway Street, Winchester, KY 40391

    $235,000
    2,445 sqft 0.17 AC lot

    Triplex with two 1 bed units and one 2 bed unit, with tenants paying utilities except water on a RUB system.

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    Triplex With Carport and Storage
    Triplex With Carport and Storage

    221 S Highland Street, Winchester, KY 40391

    $239,000
    3,007 sqft 0.16 AC lot

    Triplex in R-1C zoning with three separate living areas, plus a back parking area, carport, and storage building.

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    Clay City, KY Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Clay City, KY on our real estate platform. These investment opportunities span a total of 4,704 square feet of properties for sale, with an estimated market value of $770,000.

    Sale prices for three-family homes in Clay City, KY start at $360,000, averaging $385,000, and reaching up to $410,000 — 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

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Apartment buildings 1
    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 6,156
    Population Growth (5Y) +28.7%
    Median Household Income $38,081
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Clay City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40312 $385K

    Taxes & Financing

    Tax Rate (average for all types) 0.79%
    Property Tax per SF $13.30 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Powell County

    New Delisted

    Total CRE Inventory on Market (SF)

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