$1,200,000
PENDING $200K PRICE DROP

1213 W Reservoir Ave Unit 1215 and 1217 Central City, KY 42330

Estimated payment $7,770/month

Total Views 4,348
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Great Cash Flowing Investment! 27 units on approx. 1.9 acres that were renovated approx 6 years ago. Owners painted outside, have replaced a majority of the PTAC Heat/Air Units. Coin laundry on site for extra revenue. Generates approximately $174,000 year gross. Tenants pay electric, owners pay water, sewer, trash. One roof has been replaced 100% occupied. Consistent rental history of units staying rented.

Listing Agent

Jason Humble

Keller Williams First Choice R License #216802 Listed on: 03/17/2025

Keller Williams First Choice R

Co-Listing Agent

Matthew Tabor

Keller Williams First Choice R License #214209

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 1.9 Acre Lot

Schools

  • Central City Elementary School
  • Muhlenberg North Middle School
  • Muhlenberg County High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Master Meter

Community Details

Overview

  • 3 Buildings
  • 27 Units

Building Details

  • Gross Income $173,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Estimated Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Utilities

  • Utilities: Mastered Metered

Lot Info

  • Estimated Lot Size: 1.9
  • Price Per Acre: 631579

Multi Family

  • Total Number Units: 27
  • Total Number Units Occupied: 27

MLS Schools

  • Elementary School: Central City
  • Middle School: Muhlenberg North
  • High School: Muhlenberg County

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $1,200,000 -14.3% --
03/17/2025 03/17/25 For Sale $1,400,000 -- --
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20251420

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

Kentucky Muhlenberg County Central City 42330

1213 W Reservoir Ave Unit 1215 and 1217, Central City, KY

This home is located at 1213 W Reservoir Ave Unit 1215 and 1217, Central City, KY 42330 and is currently priced at $1,200,000. This property was built in 1977. 1213 W Reservoir Ave Unit 1215 and 1217 is a home located in Muhlenberg County with nearby schools including Muhlenberg County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Information Services (REALTOR® Association of Southern Kentucky) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Jason Humble
Listing Agent
Jason Humble
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Keller Williams First Choice R
(270) 550-1465