Great Cash Flowing Investment! 27 units on approx. 1.9 acres that were renovated approx 6 years ago. Owners painted outside, have replaced a majority of the PTAC Heat/Air Units. Coin laundry on site for extra revenue. Generates approximately $174,000 year gross. Tenants pay electric, owners pay water, sewer, trash. One roof has been replaced 100% occupied. Consistent rental history of units staying rented.
Under contract
$1,200,000
1213 W Reservoir Ave #1215, Central City, KY 42330
4beds
17,000sqft
Multi Family
Built in 1977
-- sqft lot
$664,100 Zestimate®
$71/sqft
$-- HOA
What's special
- 535 days
- 11
- 3
Zillow last checked:
Listing updated:
Listed by:
Jason C Humble 270-792-8289,
Keller Williams First Choice R,
Matthew T Tabor 270-392-1044,
Keller Williams First Choice R
Source: RASK,MLS#: RA20251420
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Unit 1(PTAC), Unit 2(PTAC), Unit 3(PTAC)
Cooling
- Unit 1(PTAC), Unit 2(PTAC), Unit 3(PTAC)
Interior area
- Total structure area: 17,000
- Total interior livable area: 17,000 sqft
Property
Lot
- Size: 1.9 Acres
Details
- Parcel number: n/a
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1977
Utilities & green energy
- Utilities for property: Mastered Metered
Community & HOA
Community
- Subdivision: None
Location
- Region: Central City
Financial & listing details
- Price per square foot: $71/sqft
- Price range: $1.2M - $1.2M
- Date on market: 3/17/2025
- Total actual rent: 8700
Estimated market value
$664,100
$472,000 - $916,000
$1,361/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2025 | Pending sale | $1,200,000$71/sqft |
Source:  RASK #RA20251420 Report a problem | ||
| 5/1/2025 | Price change | $1,200,000-14.3%$71/sqft |
Source: RASK #RA20251420 Report a problem | ||
| 3/18/2025 | Listed for sale | $1,400,000$82/sqft |
Source: RASK #RA20251420 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 42330
Nearby schools
Schools provided by the listing agent
- Elementary: Central City
- Middle: Muhlenberg North
- High: Muhlenberg County
Source: RASK. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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