Rare opportunity to own two homes on one property, offering flexibility, space, and strong income potential. Situated on approximately 3.6 acres, this property features a primary residence with 3 bedrooms and 1 bathroom, built in 2020 for modern living and low maintenance. The second home offers 2 bedrooms and 1.5 bathrooms and is currently rented for $850 per month, helping cover a significant portion of your mortgage, making it perfect for rental income, multi generational living, or a true house hack setup. Ideal for both investors and owner occupants, you can live in one home while the other helps offset your monthly expenses. With 100% financing options available, including eligibility for a USDA loan, this opportunity is even more accessible. Owner financing may also be available, creating even more flexibility for qualified buyers. Enjoy the privacy of acreage, plus added features like gas availability and a storm shelter for extra peace of mind. Opportunities like this don’t come around often. Two homes, land, built in income potential, and flexible financing options all in one property.
For sale
Price cut: $1.5K (4/23)
$288,400
2855 Flat Rock Rd, Morgantown, KY 42261
5beds
2,465sqft
Single Family Residence
Built in 2020
3.6 Acres Lot
$282,700 Zestimate®
$117/sqft
$-- HOA
What's special
Privacy of acreage
- 64 days |
- 1,288 |
- 105 |
Zillow last checked:
Listing updated:
Listed by:
Lizbeth Gonzalez 270-485-7836,
TRIPLE CROWN REALTY GROUP, LLC
Source: RASK,MLS#: RA20261993
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 5
Rooms
- Room types: In-Law Suite, Separate Quarters, Loft
Primary bedroom
- Level: Main
- Area: 239.65
- Dimensions: 19.83 x 12.08
Bedroom 2
- Level: Main
- Area: 175.4
- Dimensions: 14.42 x 12.17
Bedroom 3
- Level: Main
- Area: 175.4
- Dimensions: 14.42 x 12.17
Bedroom 4
- Level: Main
- Area: 138.9
- Dimensions: 12.17 x 11.42
Bedroom 5
- Level: Main
- Area: 96.69
- Dimensions: 12.75 x 7.58
Primary bathroom
- Level: Main
Bathroom
- Features: Tub/Shower Combo
Family room
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Kitchen
- Features: Eat-in Kitchen
- Level: Main
- Area: 159.38
- Dimensions: 22.5 x 7.08
Living room
- Level: Main
- Area: 249.33
- Dimensions: 15.58 x 16
Heating
- Ductless, Wall(s), Electric, Gas
Cooling
- Ductless
Appliances
- Included: Dishwasher, Microwave, Range/Oven, Electric Range, Range Hood, Refrigerator, Smooth Top Range, Dryer, Washer, Electric Water Heater
- Laundry: In Bathroom
Features
- Ceiling Fan(s), Closet Light(s), Vaulted Ceiling(s), Eat-in Kitchen
- Flooring: Carpet, Laminate, Vinyl
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,465
- Total interior livable area: 2,465 sqft
Property
Parking
- Parking features: None
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Covered Front Porch, Covered Deck, Deck
- Exterior features: Lighting, Garden, Mature Trees, Outdoor Lighting
- Fencing: None
Lot
- Size: 3.6 Acres
- Features: Rural Property, Scattered Woods, Trees, County
Details
- Additional structures: Storage, Shed(s)
- Parcel number: 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Country
- Property subtype: Single Family Residence
Materials
- Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Septic Tank
- Water: County
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Morgantown
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $244,900
- Annual tax amount: $2,174
- Price range: $288.4K - $288.4K
- Date on market: 4/9/2026
- Road surface type: Gravel
Estimated market value
$282,700
$269,000 - $297,000
$2,489/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Price change | $288,400-0.5%$117/sqft |
Source:  RASK #RA20261993 Report a problem | ||
| 4/10/2026 | Listed for sale | $289,900+18.4%$118/sqft |
Source: RASK #RA20261993 Report a problem | ||
| 11/2/2023 | Sold | $244,900$99/sqft |
Source: RASK #RA20234101 Report a problem | ||
| 9/19/2023 | Pending sale | $244,900$99/sqft |
Source: RASK #RA20234101 Report a problem | ||
| 9/14/2023 | Price change | $244,900-2%$99/sqft |
Source: RASK #RA20234101 Report a problem | ||
| 9/1/2023 | Listed for sale | $249,900$101/sqft |
Source: RASK #RA20234101 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,174 +30.4% | $244,900 +31.3% |
| 2023 | $1,667 +0.3% | $186,500 |
| 2022 | $1,662 +121.8% | $186,500 +133.1% |
| 2021 | $749 +28.3% | $80,000 +595.7% |
| 2020 | $584 +224% | $11,500 |
| 2019 | $180 +31.1% | $11,500 |
| 2018 | $137 +25.1% | $11,500 -63.5% |
| 2017 | $110 | $31,500 +173.9% |
| 2016 | $110 +1.5% | $11,500 |
| 2015 | $108 | $11,500 +30.7% |
| 2013 | -- | $8,800 |
| 2011 | -- | $8,800 |
| 2010 | -- | $8,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 42261
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Morgantown Elementary SchoolGrades: PK-5Distance: 10.4 mi
- 5/10Butler County Middle SchoolGrades: 6-8Distance: 10.4 mi
- 5/10Butler County High SchoolGrades: 9-12Distance: 8.4 mi
Schools provided by the listing agent
- Elementary: Butler North
- Middle: Butler County
- High: Butler County
Source: RASK. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Kentucky
- Butler County
- Morgantown
- 42261
- 2855 Flat Rock Rd
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