Corbin KY Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
5.5 Acres
Year built:
1963
Baths:
MLS#:
25004929
Subdivision:
Rural

ADDITIONAL INFORMATION

Investors/Developers take notice!!! This property fronts Cumberland Falls Hwy with two houses. There is approximately 5.5 acres per PVA with most of the vacant land being behind the houses. This property is located just outside the City Limits of Corbin, is unrestricted and waiting for development!!! Public sewer may be available and must be verified by buyer. Site size to be verified by buyer.

Type:
Multi-Family
Sq.Ft.:
6,664
Status:
Active
Beds:
16
Lot size:
2.75 Acres
Year built:
1993
Baths:
8.00
MLS#:
25003725
Subdivision:
City Limits

ADDITIONAL INFORMATION

Prime Investment Opportunity in Corbin, KY - Multi-Unit Apartment Complex with Room to Expand! Attention investors! This exceptional multi-family property offers two apartment buildings, each featuring four spacious units—two on the ground floor and two on the top floor. Every apartment is designed for comfortable living, boasting two bedrooms and one bath, making it an attractive option for tenants. Situated on 2.75 acres, this property offers additional land for future development, presenting a prime opportunity for expansion. The complex is conveniently located just minutes from downtown Corbin and close to shopping, dining, and entertainment—a key selling point for potential renters. Tenant amenities include: ✔ Two-car parking spaces for each unit ✔ Quiet and accessible location with easy access to major roads ✔ Ample green space for future development or recreational use This property is ideal for investors seeking steady rental income with the potential to increase value through expansion. Don't miss this rare opportunity to own a profitable multi-family complex in a high-demand rental market! Call today to schedule your showing!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.92 Acres
Year built:
1989
Baths:
MLS#:
24024535
Subdivision:
Rural

ADDITIONAL INFORMATION

Property offers 3 mobile homes producing $2,100 of monthly income

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.75 Acres
Baths:
4.00
MLS#:
24021857
Subdivision:
Rural

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with these two well-maintained duplexes, 4 total rental units perfectly situated on 0.75 acres. Each unit is currently rented long-term for $575 per month, boasting a remarkable 0% vacancy rate. This property offers not only consistent cash flow but also tremendous potential for short-term rentals, catering to the thriving tourism market in the area. Property highlights include a spacious 1,600 sq ft detached garage, perfect for storage or additional rental opportunities, ideal location at just 2 min to The Mint Gaming Hall Cumberland Run and 9 min to the hospital, I-75, shopping, restaurants, and the Corbin Arena; stable long-term rental income with possibility of short-term rental conversion, maximizing profitability. The property combines the benefits of a solid rental income with the versatility of location, making it a prime choice for savvy investors.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.33 Acres
Baths:
2.00
MLS#:
24019943
Subdivision:
Rural

ADDITIONAL INFORMATION

This property features two separate mobile homes, each with 2 bedrooms and 1 bathroom, providing a great opportunity for rental income. Both homes are similar in layout, with two comfortable bedrooms, ideal for small families, couples, or individuals. The bathrooms are efficiently designed to meet the needs of tenants. These homes are ideal for long-term rentals or short-term stays, depending on the owner's goals. Currently, the total rental income from both homes is $1,000 per month, making this property an excellent investment opportunity for those looking for steady, reliable income. With two separate units, you can also benefit from dual occupancy, minimizing the risk of vacancy and maximizing potential returns. Homes do need some TLC

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
1.11 Acres
Baths:
4.00
MLS#:
24016143
Subdivision:
City Limits

ADDITIONAL INFORMATION

PRIME BUSINESS OPPORTUNITY IN HIGH TRAFFIC AREA! Unlock limitless potential with this prime commercial opportunity in Corbin! Situated on 1.11 acres with 300 feet of road frontage on Cumberland Falls Highway located near the corner of Main Street, this property offers a strategic location for any business venture. Whether you envision office space, retail space, a restaurant, or a mixed-use development, this location is perfect. High visibility and accessibility ensure maximum exposure in a thriving community. It also includes three buildings with four fully occupied residential rental units, providing immediate income for the new owner. Two of these buildings are currently scheduled to receive brand new roofs which will provide added peace of mind. Don't miss out on this rare chance to establish your business in a growing area. Act now before it's too late!

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Andrea Conner, License 221773, Xome Inc., License 239054, AndreaD.Conner@xome.com, 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Corbin Real Estate

The median home value in Corbin, KY is $213,250. This is higher than the county median home value of $127,000. The national median home value is $338,100. The average price of homes sold in Corbin, KY is $213,250. Approximately 46.93% of Corbin homes are owned, compared to 40.48% rented, while 12.6% are vacant. Corbin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Corbin real estate agent to arrange a tour today!

Corbin, Kentucky has a population of 8,397. Corbin is less family-centric than the surrounding county with 35.98% of the households containing married families with children. The county average for households married with children is 36.43%.

The median household income in Corbin, Kentucky is $45,307. The median household income for the surrounding county is $41,817 compared to the national median of $69,021. The median age of people living in Corbin is 37.7 years.

Corbin Weather

The average high temperature in July is 86.1 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 49 inches per year, with 8.5 inches of snow per year.

Corbin Real Estate Market Conditions

  • Median sales price

    $213,250
    16.7% change since last quarter
  • # Active listings

    238
    30-day change

Corbin Schools and Demographics

Education near Corbin, KY

Metric City County
High School Graduates 90.1 82.5
College Degree - 2 year 6.22 5.06
College Degree - 4 year 26.61 19.67
Graduate Degree 9.86 8.45
Expenditures per Student 11,939 11,939
Students per Teacher 15.1 15.1

Elementary Schools near Corbin, KY

School Grades Students P/T Ratio ZIP
Boston Elementary School PK - 06 255 13.7 40769
Camp Ground Elementary School PK - 05 299 15.7 40744
Corbin Elementary School 03 - 04 417 17.2 40701
Corbin Preschool PK - KG 115 40701
Corbin Primary School KG - 02 646 16.9 40701
Hunter Hills Elementary School PK - 05 699 15.9 40701
Oak Grove Elementary School PK - 06 740 18.5 40701
Sublimity Elementary School PK - 05 367 19.3 40744
Whitley County Central Primary School PK - 02 467 16.1 40769
Whitley County North Elementary School PK - 06 381 14.8 40759

Middle Schools near Corbin, KY

School Grades Students P/T Ratio ZIP
Corbin Intermediate School 05 - 06 464 20.6 40701
Corbin Middle School 07 - 08 487 15.8 40701
South Laurel Middle School 06 - 08 1,097 16.8 40744
Whitley County Middle School 07 - 08 583 13.5 40769

High Schools near Corbin, KY

School Grades Students P/T Ratio ZIP
Corbin High School 09 - 12 857 16.4 40701
South Laurel High School 09 - 12 1,210 17.8 40744
Whitley County High School 09 - 12 1,143 16.2 40769

Ungraded Schools near Corbin, KY

School Grades Students P/T Ratio ZIP
* High School Homebound 09 - 12 4 6.3 40701
* Knox County Learning Academy 09 - 12 46 8.9 40701
* McDaniel Learning Center 10 - 12 55 13.8 40744
* Whitley County Alternative School 07 - 12 46 9.2 40759
* Williamsburg Center of Progressive Ed 09 - 12 19 2.5 40769
Corbin Area Technology Center UG - UG 0 40701
Corbin School of Innovation KG - 12 43 40701
Williamsburg City School PK - 12 861 15.7 40769