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Murray, KY Multifamily Homes & Duplexes for Sale

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  • /26

    $595,000

    • 4 Beds
    • 2 Baths
    • 1,400 Sq Ft

    1611 Olive St, Murray, KY 42071

    Great income opportunity. 4BR,2BA,1400 sq. feet on each level. 100% occupied since new owner began leasing.

    Earleene Woods Keller Williams Experience - Murray

    1611 Olive St, Murray, KY 42071
  • /47

    $100,000

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft

    1602 Dodson Ave, Murray, KY 42071

    Invest and build equity with this property! 4 occupied units. City schools. Two upper units and two lower units. Unit A and Unit D are lower level. Unit B and C are the upper units. Layout is a open concept living /kitchen area with one bedroom and one bath.

    Carrie Armstrong Keller Williams Experience - Murray

    1602 Dodson Ave, Murray, KY 42071
  • /12

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,740 Sq Ft

    1308 / 1310 Diuguid Dr, Murray, KY 42071

    Cheryl Roberts Markethouse Realty, PLLC

    1308 / 1310 Diuguid Dr, Murray, KY 42071
  • /35

    $995,000

    • 34 Beds
    • 9 Baths
    • 12,448 Sq Ft

    1105 State Route 121 N, 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 - Paducah

    1105 State Route 121 N, Murray, KY 42071
  • /12

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,740 Sq Ft

    1304 1306 Diuguid Dr, Murray, KY 42071

    INVESTMENT OPPORTUNITY on the north side of Murray! This brick duplex offers two separate units, each featuring 2 bedrooms and 1 full bath. Both units are currently rented, providing an excellent opportunity for an investor looking to add an income-producing property to their portfolio. Conveniently located near Murray State University with easy access to restaurants, shopping, schools, and other

    Cheryl Roberts Markethouse Realty, PLLC

    1304 1306 Diuguid Dr, Murray, KY 42071
  • /13

    $534,000

    $16K PRICE DROP
    • 8 Beds
    • 8 Baths
    • 4,400 Sq Ft

    1418 Michelle Dr, Murray, KY 42071

    Prime Investment Opportunity Near Murray State University! Investors, don't miss this fantastic opportunity to own a well-located quadruplex featuring four spacious 2-bedroom, 1.5-bath units, all situated within approximately 1.5 miles of Murray State University. With four separate units under one roof, this property offers strong rental potential and the opportunity to build a diverse

    Jessica Canestrini Benchmark Realty, LLC - Murray

    1418 Michelle Dr, Murray, KY 42071
  • /26

    $205,000

    • 4 Beds
    • 2 Baths
    • 1,792 Sq Ft

    1003 Northwood Dr, Murray, KY 42071

    Investment opportunity in Murray! This well-maintained duplex at 1003 Northwood Drive offers a total of 1,792 square feet with two bedrooms and one full bathroom in each unit. Located north of Murray with R-4 Multi-Family zoning, the property is currently 100% occupied with leases in place through June 30, 2027. Providing immediate rental income for the next owner. Major improvements include a

    Brittany Marchetti Kopperud Realty

    1003 Northwood Dr, Murray, KY 42071
  • /25

    $210,000

    • 4 Beds
    • 2 Baths
    • 1,425 Sq Ft

    1304 Peggy Ann Dr, Murray, KY 42071

    Investment opportunity just south of Murray! Located at 1304 Peggy Ann Drive, this all-brick duplex offers a great opportunity to add an income-producing property to your real estate portfolio. The property features 1,425 square feet under roof, with each unit offering two bedrooms and one full bathroom. Currently 100% occupied, this duplex provides immediate rental income for the next owner.

    Brittany Marchetti Kopperud Realty

    1304 Peggy Ann Dr, Murray, KY 42071
  • /60

    $335,000

    $15K PRICE DROP
    • 6 Beds
    • 3 Baths
    • 2,610 Sq Ft

    1326 Diuguid Dr, Murray, KY 42071

    Whitney Klaas Keller Williams Experience - Murray

    1326 Diuguid Dr, 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 Price Trends

Median Sale Price
$267,500
Median Single Family Sale Price
$271,500
Median 2 Bedroom Sale Price
$142,500
Average Price Per Sq Ft
$139
Number of Homes for Sale
33
Last 12 months Home Sales
184
Months of Supply
2.20
Median List Price
$288,250
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
20%
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