Murray KY Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Baths:
MLS#:
129427

ADDITIONAL INFORMATION

HELLO, CONVENIENCE! This little gem nestled on N 8th Street in Murray is ideal for MANY, making it a fantastic investment property! The interior of each side mirror each other; they offer beautiful hardwood flooring, updated bathrooms, separate utility closets, separate access to the back deck, and more! This location is very desirable to many, due to proximity to parks, shopping, hospital, and schools (including Murray State University)!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Baths:
MLS#:
129340

ADDITIONAL INFORMATION

INVESTMENT OPPORTUNITY- Side A is a 1 bedroom 1 bathroom unit. Side B is an efficiency style apartment with a loft bed area.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.46 Acres
Baths:
MLS#:
129233

ADDITIONAL INFORMATION

Opportunity awaits! This 3-unit apartment complex is perfect for savvy investors looking for their next project. Distressed and in need of TLC, this property sits on a deep lot, offering tons of potential for renovation, expansion, or redevelopment. With the right vision, this property could shine again and provide strong rental income. Donâ??t miss out on this incredible investment opportunity! Property is being Sold in AS IS condition. This is a Foreclosed property.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Baths:
MLS#:
129114

ADDITIONAL INFORMATION

904 Coldwater Road. This is a multi-family investment property that is in close proximity to Murray State University. B-2 Zoning. The property spans approximately 0.70 acres, featuring 252 ft. of frontage on Coldwater Rd and 129 ft. on Pa The property spans approximately 0.70 acres, featuring 252 ft. of frontage on Coldwater Rd and 129 ft. on Park St. There are a total of 11 multi-family units. The multi-family units include (5) 2BD/1BA units, (4) 1BD/1BA units and (2) studio units.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.6 Acres
Baths:
MLS#:
128894

ADDITIONAL INFORMATION

Investment Opportunity located near the Murray State Campus. Two of the four units have been updated and two of the units have had long term tenants. All units have their own laundry area that is out in the parking section of the duplexes. Each unit does have a carport area. Units contain 2 bedrooms and 1 bath.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.45 Acres
Baths:
MLS#:
127054

ADDITIONAL INFORMATION

4-PLEX that is very well cared for with 2 units with 2 bedrooms and 2 units with 3 bedrooms. Flooring is upgraded, all units have appliances furnished and many of the walls and ceilings updated. Complex was built with an owner living in one of the units which would be a great opportunity for the new owner to secure owner occupant financing instead of invertor rates. The property is zoned R-5 and there are 2 extra lots included with property. The City of Murray zoning guidelines are attached. All units are separated by a firewall that goes through the attic to the roof. Tenant and rental history are available.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.5 Acres
Baths:
MLS#:
126357

ADDITIONAL INFORMATION

Seize this unique multi-family housing opportunity in Calloway county! Formerly college housing, this property is ripe for conversion into student or single-person accommodations. The main building features 24 potential bedrooms, most with closets already installed! Downstairs features a full kitchen, 2 bathrooms, bedrooms & communal living/dining areas. Upstairs features additional bedrooms, two baths a kitchenette & common spaces. The rear building adds 6 more bedrooms, a kitchen, two bathrooms, and a central common area. Plus, a detached 4-bed, 3-bath house with a basement & attached garage offers flexibility to rent by room or as a whole. There is a vacant lot in between for further expansion or development. Ideal for income generation!

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Andrea Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS, Inc. and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections, investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2003 - 2024 Western Kentucky Regional MLS, Inc. All rights reserved.



Murray Real Estate

The median home value in Murray, KY is $252,500. This is higher than the county median home value of $154,700. The national median home value is $338,100. The average price of homes sold in Murray, KY is $252,500. Approximately 33.66% of Murray homes are owned, compared to 47.95% rented, while 18.39% are vacant. Murray 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 Murray real estate agent to arrange a tour today!

Murray, Kentucky has a population of 17,241. Murray is more family-centric than the surrounding county with 31.08% of the households containing married families with children. The county average for households married with children is 28.78%.

The median household income in Murray, Kentucky is $35,966. The median household income for the surrounding county is $44,534 compared to the national median of $69,021. The median age of people living in Murray is 25.6 years.

Murray Weather

The average high temperature in July is 88.8 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 54.4 inches per year, with 6.5 inches of snow per year.

Murray Real Estate Market Conditions

  • Median sales price

    $252,500
    15.7% change since last quarter
  • # Active listings

    258
    30-day change

Murray Schools and Demographics

Education near Murray, KY

Metric City County
High School Graduates 91.25 90.21
College Degree - 2 year 6.2 6.57
College Degree - 4 year 35.55 31.61
Graduate Degree 10.87 10.97
Expenditures per Student 11,924 11,924
Students per Teacher 15.6 15.6

Elementary Schools near Murray, KY

School Grades Students P/T Ratio ZIP
Benton Elementary School PK - 05 630 18.4 42025
Calloway County Preschool Center PK - PK 185 30.3 42071
Central Elementary School PK - 05 530 16.3 42025
East Calloway Elementary School KG - 05 324 13.6 42071
Farmington Elementary School PK - 06 292 15.7 42040
Graves County Central Elementary School PK - 06 509 17.9 42066
Jonathan Elementary School PK - 05 214 15.3 42025
Mayfield Elementary School PK - 05 1,044 18.3 42066
Murray Elementary School KG - 03 554 15.8 42071
Murray Preschool Head Start PK - PK 110 15.7 42071
North Calloway Elementary School KG - 05 568 15.6 42071
Sedalia Elementary School PK - 06 381 17.7 42066
Sharpe Elementary School PK - 05 394 17.4 42025
South Marshall Elementary School PK - 05 313 14.3 42025
Southwest Calloway Elementary School KG - 05 490 16.7 42071

Middle Schools near Murray, KY

School Grades Students P/T Ratio ZIP
Benton Middle School 06 - 08 260 15 42025
Calloway County Middle School 06 - 08 722 17.6 42071
Graves County Middle School 07 - 08 689 17.8 42066
Mayfield Middle School 06 - 08 326 13.6 42066
Murray Middle School 04 - 08 562 14.8 42071
South Marshall Middle School 06 - 08 251 16 42025

High Schools near Murray, KY

School Grades Students P/T Ratio ZIP
Calloway County High School 09 - 12 923 17.8 42071
Graves County High School 09 - 12 1,397 19.1 42066
Marshall County High School 09 - 12 1,369 18.4 42025
Mayfield High School 09 - 12 422 13.6 42066
Murray High School 09 - 12 462 16.6 42071

Ungraded Schools near Murray, KY

School Grades Students P/T Ratio ZIP
* Calloway County Alternative Program 09 - 12 16 8 42071
* Calloway County Day Treatment 07 - 12 21 10.5 42071
* Gateway Academy High School 10 - 12 20 19 42066
* Mayfield Youth Development Center 08 - 12 20 6.7 42066
* Star Academy High School 10 - 12 33 33 42025
Marshall County Technical Center UG - UG 0 0 42025
Mayfield/Graves County Area Tech Center UG - UG 0 42066
Murray/Calloway County Area Tech Center UG - UG 0 42071

Demographics near Murray, KY

Metric City County
Neighborhood Type Suburban
Population 17,241 37,291
Population Density 1,485 97
Median Age 25.6 36.1
People per Household 2.2 2.3
Median Household Income 35,966 44,534
Average Income per Capita 20,638 25,278