INVESTORS! Check out this very well maintained 4-plex apartment building right in the heart of Murray. This 2-story apartment offers four 2-Bed/1-Bath units that have been well kept and serviced throughout, providing excellent housing for those looking to rent in the city limits. The 3 units that are currently occupied have all been increased up to rates that are right on par with some of the newest apartments in town, and this building comes at a more affordable purchase price! The 4th unit has just recently come open, and the owner has went through and made cosmetic updates and is currently advertising to fill the unit. This building would be great for any seasoned or new investor, so don't miss this opportunity to put your money to work!
Don't miss a chance to own this updated and conveniently located duplex, near Downtown Murray. Located close to shopping, hospital and schools. Updates to both units include paint, flooring, replacement windows and updated bathrooms as well as electrical & plumbing.
This 6 Bedroom, 2.5 Bathroom Multifamily Residential Facility in Murray has so much potential. With over 3,600 sq ft of living area, there is abundant living space including a large common area living room room, dining area, large kitchen. It is designed with 6 bedrooms and 2.5 bathrooms. Located on a large 1.57 acre lot in the Murray city limits and zoned R-5 Multifamily. Washer and dryer hookup are located in the large utility room. Some repair work is needed to the sheet rock and flooring. The individual bedrooms do not have closets but there are a couple of closets located in the hallway. Property is currently vacant and most recently leased for $2,200/month.
INVESTMENT OPPORTUNITY- Side A is a 1 bedroom 1 bathroom unit. Side B is an efficiency style apartment with a loft bed area.
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.
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!
The median home value in Murray, KY is $163,400. 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 $163,400. 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 42071 has a population of 17,241. Murray 42071 is more family-centric than the surrounding county with 29.37% 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 42071 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 42071 is 25.6 years.
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.