2885 Main St Clay City, KY 40312
Estimated payment $2,482/month
About This Home
Discover a unique investment opportunity on this 3+/-acre property featuring 8 rental units. Including 4 manufactured homes, 1 house, a triplex and a garage/storage building. The layout has a campground-style setting with open green space, mature trees, and a peaceful rural feel. Each unit is spaced for privacy, offering tenants a comfortable place to call home while maintaining a sense of community. Recent updates enhance the property's appeal, including several new septic tanks and several units with updated flooring, fresh paint, and new appliances. Conveniently located just minutes from the Mountain Parkway, this property combines country tranquility with easy access to nearby towns, amenities and popular areas such as the Red River Gorge. Whether you're looking to expand your rental portfolio or invest in a property with long-term income potential, this versatile setup offers endless possibilities.
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $1,312
Lot Details
- 3 Acre Lot
Home Design
- 6,620 Sq Ft Home
- Metal Roof
Bedrooms and Bathrooms
- 18 Bedrooms
- 10 Full Bathrooms
Parking
- Paved Parking
- On-Site Parking
Schools
- Clay City Elementary School
- Powell Co Middle School
- Powell Co High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 15p-00-00-024.01
Community Details
Overview
- 6 Buildings
- 8 Units
- Rural Subdivision
Building Details
- Gross Income $57,360
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,312 | $145,000 | $0 | $0 |
| 2023 | $1,325 | $145,000 | $0 | $0 |
| 2022 | $1,301 | $145,000 | $0 | $0 |
| 2021 | $1,286 | $145,000 | $0 | $0 |
| 2020 | $1,296 | $145,000 | $0 | $0 |
| 2019 | $1,190 | $145,000 | $0 | $0 |
| 2018 | $1,176 | $145,000 | $0 | $0 |
| 2017 | $1,130 | $145,000 | $0 | $0 |
| 2016 | -- | $145,000 | $0 | $0 |
| 2015 | -- | $145,000 | $0 | $0 |
| 2013 | -- | $145,000 | $0 | $0 |
| 2012 | -- | $145,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | For Sale | $449,000 | -- | $68 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25504468
APN: 15P-00-00-024.01
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