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For sale
  • $2,250,000

    20 Pickle Ln, Morehead, KY 40351

    3beds
    1,200sqft
    : 
    $14,486/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    5 Acres Lot
    $-- Zestimate®
    $1,875/sqft
    $-- HOA

    What's special

    Exceptional investment opportunity featuring 14 fully leased single-family residences situated on 5 acres in a convenient location near I-64 and Cave Run Lake. All 14 homes were built in 2021, offering a newer residential rental portfolio with established tenants already in place. The property consists of five 3-bedroom, 2-bath homes with approximately 1,200 sq ft each; six 2-bedroom, 2-bath homes with approximately 900 sq ft each; and three 2-bedroom, 1-bath homes with approximately 960 sq ft each. Tenants are responsible for their own electric, while the landlord currently pays water and garbage. Each residence is served by septic. Adding even more potential to this income-producing property, the local Health Department has indicated that the acreage can accommodate one additional residence, subject to applicable approvals and permitting. With 14 newer single-family homes in one location, full occupancy, convenient interstate access and proximity to Cave Run Lake, this is a rare opportunity to acquire an established residential investment portfolio with potential for additional growth. Financial information, rent roll and additional property details available to qualified buyers.
    36 days
    314
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon V Malone 606-462-0159,

    HomeLand Real Estate Inc

    Source: Imagine MLS,MLS#: 26027640MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      Kitchen
      • Level: First
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Electric, Heat Pump
      Appliances
      • Included: Refrigerator, Range
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,200
      • Total interior livable area: 1,200 sqft
      • Finished area above ground: 1,200
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      Lot
      • Size: 5 Acres
      Details
      • Parcel number: 01900 00 036.16

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Year built: 2021

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Morehead

      Financial & listing details

      • Price per square foot: $1,875/sqft
      • Tax assessed value: $1,132,000
      • Annual tax amount: $9,475
      • Date on market: 10/6/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,336/mo

        Price history

        DateEventPrice
        10/6/2026Listed for sale$2,250,000+3361.5%$1,875/sqft
        Source: Imagine MLS #26027640 Report a problem
        10/3/2024Sold$65,000$54/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,475 -13.3%$1,132,000 -11.7%
        2024$10,930 +55.2%$1,281,375 +55%
        2023$7,042 +85.2%$826,500 +87.8%
        2022$3,802 $440,000
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40351

        Getting around

        0 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rowan Co
        • Middle: Rowan Co
        • High: Rowan 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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