Prime Investment Opportunity Near Murray State University! Investors, don't miss this fantastic opportunity to own a well-located quadruplex featuring four spacious 2-bedroom, 1.5-bath units, all situated within approximately 1.5 miles of Murray State University. With four separate units under one roof, this property offers strong rental potential and the opportunity to build a diverse income-producing portfolio. The property's close proximity to Murray State University makes it especially appealing to those seeking convenient access to campus, shopping, dining, and other amenities.
For sale
Price cut: $16K (9/4)
$534,000
1418 Michelle Dr, Murray, KY 42071
8beds
4,400sqft
Quadruplex
Built in 1994
-- sqft lot
$505,200 Zestimate®
$121/sqft
$-- HOA
What's special
- 47 days
- 174
- 8
Zillow last checked:
Listing updated:
Listed by:
Jessica Canestrini 812-453-3599,
Benchmark Realty, LLC - Murray
Source: Imagine MLS,MLS#: 26022513
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
Property
Lot
- Size: 0.37 Acres
Details
- Parcel number: 041T0026
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Metal
Condition
- Year built: 1994
Community & HOA
Location
- Region: Murray
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $250,000
- Annual tax amount: $2,100
- Date on market: 8/19/2026
Estimated market value
$505,200
$480,000 - $530,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $534,000-2.9%$121/sqft |
Source:  Imagine MLS #26022513 Report a problem | ||
| 8/19/2026 | Listed for sale | $550,000+144.4%$125/sqft |
Source: Imagine MLS #26022513 Report a problem | ||
| 6/13/2014 | Sold | $225,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,100 +1.3% | $250,000 |
| 2024 | $2,072 -3% | $250,000 |
| 2023 | $2,137 -2.1% | $250,000 |
| 2022 | $2,182 +8.2% | $250,000 +11.1% |
| 2021 | $2,017 +8.4% | $225,000 |
| 2020 | $1,861 | $225,000 |
| 2019 | $1,861 +1.7% | $225,000 |
| 2018 | $1,830 -33.5% | $225,000 |
| 2017 | $2,750 | $225,000 |
| 2016 | $2,750 +54.9% | $225,000 |
| 2015 | $1,775 +15.5% | $225,000 +7.1% |
| 2011 | $1,537 +2% | $210,000 |
| 2010 | $1,507 | $210,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 42071
Nearby schools
Schools provided by the listing agent
- Elementary: North Calloway
- Middle: Calloway Co
- High: Calloway Co
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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