Ashland, KY Multifamily Homes & Duplexes for Sale
Why Live in Ashland

Ashland is a small city with a thriving downtown, offering proximity to rural settings along the Ohio River. Despite seeing a 10% population decrease since 1990, the city’s population of 21,000 makes it the largest in Boyd County. The city was built around the pig iron industry, but now its major employers are King's Daughters Hospital and Ashland Oil and Refining Company. Amenities like the Paramount Arts Center, the Camayo Arcade and The Highlands Museum & Discovery Center have also helped to revitalize the city's downtown. As more walkable b ...
Home Trends in Ashland, KY
On average, homes in Ashland, KY sell after 47 days on the market compared to the national average of 49 days. The median sale price for homes in Ashland, KY over the last 12 months is $154,750, up 11% from the median home sale price over the previous 12 months.
Housing Trends
In Ashland, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $85,000 to $629,000, there's a range to accomodate every budget. As of June, 2025 the median home price in Ashland is $169,500, while the average sale price is $175,095, offering insights into the local housing market. On average, multi-family homes spend 47 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Ashland, KY.