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Murray, KY Multifamily Homes & Duplexes for Sale

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  • /35

    $1,399,000

    • 4 Beds

    1105 State Route 121 N Unit 1163 State Route 121, Murray, KY 42071

    Seize this unique multi-family housing opportunity in Calloway county! Formerly college housing, this property is ripe for conversion into student or single-person accommodations. The main building features 24 potential bedrooms, most with closets already installed! Downstairs features a full kitchen, 2 bathrooms, bedrooms & communal living/dining areas. Upstairs features additional bedrooms, two

    Crystal McCoy Keller Williams Experience Realty Paducah Branch

    1105 State Route 121 N Unit 1163 State Route 121, Murray, KY 42071
  • /22

    $255,000

    • 4 Beds

    211 S 16th St, Murray, KY 42071

    Investment property is a prime opportunity, ideally located less than a block from MSU! Both Units are currently occupied. Unit 1 offers spacious layout, including a separate living room and family/Den that could be a THIRD bedroom. It includes a two bedroom and a full bathroom. A full kitchen with access to the garage and a shared laundry room. Boasting original hard wood floors in Unit 1. Unit

    Wende Holzschuh Markethouse Realty, PLLC

    211 S 16th St, Murray, KY 42071
  • /25

    $377,700

    • 4 Beds

    309 S 5th St Unit Corner of S 5th St &, Murray, KY 42071

    Looking for an lucrative investment property with 7 units under one roof? Look no further! Parking spaces are adjacent to the building and behind units D&G. This property includes basic apartment necessities of stove and refrigerator and has the potential for growth! Over half of the windows have been replaced with vinyl framed windows this year. Conveniently located to shopping, hospital and the

    Wende Holzschuh Markethouse Realty, PLLC

    309 S 5th St Unit Corner of S 5th St &, Murray, KY 42071

Why Live in Murray

Murray, Kentucky, is a small rural city centered around Murray State University, which enrolls approximately 9,500 students. The university offers various activities, such as tours of the Clara Eagle Art Gallery and football games at Roy Stewart Stadium. The Murray Independent School District is highly rated, with reading and math proficiencies exceeding state and national averages. Key employers in the area include a dairy company, a window manufacturer, and a food manufacturer. Residents often unwind at Kentucky Lake, one of the largest manmade lakes in the nation, popular for boating, fishing, and professional bass fishing tournaments. Housing options range from mid-century ranch styles and bungalows in the north to New Traditionals, Colonial Revivals, and Contemporaries in the south. Central Park provides a dog park, outdoor amphitheater, public pool, soccer complex, and performing arts building. Dining options are varied along Twelfth Street, with a mix of fast-food, sit-down chains, and local eateries, while Main Street offers a charming downtown experience. Entertainment is primarily found at Murray State, with NCAA Division I sports and performances at Lovett Auditorium. For travel, Nashville is 120 miles away, and residents use Nashville International Airport. Murray has lower crime rates compared to state and national averages, making it a safer place to live.

Home Trends in Murray, KY

Housing Trends

Median Sale Price
$232,250
Median Single Family Sale Price
$259,950
Median Townhouse Sale Price
$254,318
Average Price Per Sq Ft
$134
Number of Homes for Sale
40
Last 12 months Home Sales
188
Months of Supply
2.60
Median List Price
$275,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-4%
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