$159,000
SOLD JUN 13, 2025

1014 Siler Hill Rd Corbin, KY 40701

4 Beds
4 Baths
-- Sq Ft
0.75 Acres

Recently Sold

58% Below List Price

197 Days on Market

About This Home

As of June 2025

Discover an exceptional investment opportunity with these two well-maintained duplexes, 4 total rental units perfectly situated on 0.75 acres. Each unit is currently rented long-term for $575 per month, boasting a remarkable 0% vacancy rate. This property offers not only consistent cash flow but also tremendous potential for short-term rentals, catering to the thriving tourism market in the area. Property highlights include a spacious 1,600 sq ft detached garage, perfect for storage or additional rental opportunities, ideal location at just 2 min to The Mint Gaming Hall Cumberland Run and 9 min to the hospital, I-75, shopping, restaurants, and the Corbin Arena; stable long-term rental income with possibility of short-term rental conversion, maximizing profitability. The property combines the benefits of a solid rental income with the versatility of location, making it a prime choice for savvy investors.

Last Agent to Sell the Property

Misty Prewitt

CENTURY 21 Advantage Realty License #260310 Listed on: 10/16/2024

CENTURY 21 Advantage Realty

Last Buyer's Agent

Mike Campbell

RE/MAX On Main, Inc License #221953

RE/MAX On Main, Inc

Property Details

Home Type

  • Multi-Family

Home Design

  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Paved Parking
  • Open Parking

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • 1-Story Property
  • 0.75 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 012-10-00-006.00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Rural Subdivision

Building Details

  • Insurance Expense $1,306
  • Real Estate Tax Expense $700
  • Gross Income $2,220

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 9999
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Lot Size Area: 0.75
  • Total Stories: 1

Exterior Features

  • Roof: Shingle
  • List Price: 199900.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site, Open
  • Total Parking Spaces: 5.0

Utilities

  • Heating: Baseboard
  • Cooling: None
  • Cooling: No
  • Heating: Yes
  • Utilities: Electricity Connected, Water Connected
  • Heating:Baseboard: Yes

Lot Info

  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670.0
  • Parcel Number: 012-10-00-006.00
  • Zoning Description: rural

Multi Family

  • Insurance Expense: 1306.0
  • Number of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Jul 2, 2025
Sold by
Pratt Brandon and Pratt Whitney
Bought by
Pratts Properties Llc
Seller's Agent
Misty Prewitt
CENTURY 21 Advantage Realty
Buyer's Agent
Mike Campbell
RE/MAX On Main, Inc
List Price
$379,000
Sold Price
$159,000
Premium/Discount to List
-$220,000
-58.05%
Views
69
Current Estimated Value
$160,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,827
Avg. Annual Appreciation
1.86%

Purchase Details

Listed on
Oct 16, 2024
Closed on
Jun 11, 2025
Sold by
Mills Stephanie and Mills Brian K
Bought by
Pratts Properties Llc
Seller's Agent
Misty Prewitt
CENTURY 21 Advantage Realty
Buyer's Agent
Mike Campbell
RE/MAX On Main, Inc
List Price
$379,000
Sold Price
$159,000
Premium/Discount to List
-$220,000
-58.05%
Views
69
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $159,000 None Listed On Document
Warranty Deed $159,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold $159,000 -20.5% --
05/01/2025 05/01/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $199,900 -44.3% --
03/30/2025 03/30/25 Price Changed $359,000 -2.7% --
03/20/2025 03/20/25 Price Changed $369,000 -2.6% --
10/16/2024 10/16/24 For Sale $379,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,553 $145,000 $10,000 $135,000
2024 $416 $37,000 $10,000 $27,000
2023 $433 $37,000 $0 $0
2022 $426 $37,000 $0 $0
2021 $426 $37,000 $0 $0
2020 $429 $37,000 $0 $0
2019 $431 $37,000 $0 $0
2015 $347 $37,000 $0 $0
2013 $329 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24021857

ImagineMLS (Bluegrass REALTORS®)

APN: 012-10-00-006.00