For sale

$319,000

8797 State Highway 1232, Corbin, KY 40701

8beds

2,960sqft

$2,268/mo

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Single Family Residence

Built in 1956

0.48 Acres Lot

$296,300 Zestimate^®

$108/sqft

$-- HOA

What's special

Storage building conveysSpacious home

Endless possibilities await with this unique property located in the heart of Corbin! Zoned for both commercial and residential use, this spacious home has previously operated as a daycare center and a private business, offering incredible flexibility for its next owner. Featuring 8 bedrooms, 3 full bathrooms, and 2 half bathrooms, the layout provides ample space for a variety of uses, including the potential to convert into a multi-family investment property. Situated on a generous 0.48-acre lot within city limits, this property offers both convenience and room to grow. A storage building conveys, adding even more functionality. With some cosmetic updates, this property could truly shine, whether you're looking to expand your business, invest, or create a one-of-a-kind residence. Don't miss this rare opportunity with unlimited potential!

136 days
158
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 3
1/2 bathrooms: 2

Primary bedroom

Level: First

Bedroom 2

Level: First

Bedroom 3

Level: Lower

Bedroom 4

Level: Lower

Bedroom 5

Level: Second

Bathroom 1

Level: First

Bathroom 2

Level: Lower

Bathroom 3

Level: Second

Bathroom 4

Level: Lower

Bathroom 5

Level: Second

Kitchen

Level: First

Living room

Level: First

Heating

Natural Gas

Cooling

Electric

Appliances

Included: Dryer, Refrigerator, Washer, Range
Laundry: Lower Level

Features

Flooring: Laminate, Vinyl
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 2,960
Total interior livable area: 2,960 sqft
Finished area above ground: 2,960
Finished area below ground: 0

Property

Accessibility

Accessibility features: Accessible Entrance

Features

Levels: Multi/Split
Exterior features: Basketball Court

Lot

Size: 0.48 Acres

Details

Additional structures: Shed(s)
Parcel number: 0041026010.00

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick Veneer, Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Water Connected

Community & HOA

Community

Subdivision: Rural

HOA

Has HOA: No

Location

Region: Corbin

Financial & listing details

Price per square foot: $108/sqft
Tax assessed value: $225,000
Annual tax amount: $2,391
Date on market: 4/16/2026

Estimated market value

$296,300

$281,000 - $311,000

$2,487/mo

Price history

Date	Event	Price
5/4/2026	Price change	$319,000-8.6%$108/sqft
Source: Imagine MLS #26008094 Report a problem
4/16/2026	Listed for sale	$349,000+328.2%$118/sqft
Source: Imagine MLS #26008094 Report a problem
10/12/2017	Sold	$81,500-32.1%$28/sqft
Source: Imagine MLS #1703423 Report a problem
2/18/2008	Sold	$120,000$41/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,391 +1.7%	$225,000
2024	$2,350 -4.2%	$225,000
2023	$2,454 +120.1%	$225,000 +120.3%
2022	$1,115 +24.3%	$102,150 +25.3%
2021	$896 -0.6%	$81,500
2020	$902 -0.5%	$81,500
2019	$907 +2.7%	$81,500
2018	$883 -15.9%	$81,500 -18.5%
2017	$1,050 +4.3%	$100,000
2016	$1,007 +7.2%	$100,000
2015	$939 +5.5%	$100,000
2013	$890	$100,000