NOT LISTED FOR SALE

448 N Hills Rd Corbin, KY 40701

16 Beds
8 Baths
6,664 Sq Ft
2.75 Acre Lot

Sale Details

Date Sold: September 5, 2025

Last sale price $750,000 $113 Per Sq Ft

35 Days on Market

Highlights

  • 2.75 Acre Lot
  • Cooling Available
  • Heating Available

About This Home

As of September 2025

Prime Investment Opportunity in Corbin, KY - Multi-Unit Apartment Complex with Room to Expand!

Attention investors! This exceptional multi-family property offers two apartment buildings, each featuring four spacious units—two on the ground floor and two on the top floor. Every apartment is designed for comfortable living, boasting two bedrooms and one bath, making it an attractive option for tenants.

Situated on 2.75 acres, this property offers additional land for future development, presenting a prime opportunity for expansion. The complex is conveniently located just minutes from downtown Corbin and close to shopping, dining, and entertainment—a key selling point for potential renters.

Tenant amenities include:
✔ Two-car parking spaces for each unit
✔ Quiet and accessible location with easy access to major roads
✔ Ample green space for future development or recreational use

This property is ideal for investors seeking steady rental income with the potential to increase value through expansion. Don't miss this rare opportunity to own a profitable multi-family complex in a high-demand rental market!

Call today to schedule your showing!

Last Agent to Sell the Property

Jennifer Skidmore

Highland Heritage Realty License #291362 Listed on: 06/04/2025

Co-Listed By

Amanda Heuser

CENTURY 21 Advantage Realty License #223300

Last Buyer's Agent

Sasha Hawkins

C Roger Lewis Agency License #220441

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 2.75 Acre Lot

Parking

  • 20 Parking Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 6,664 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 123-50-00-078.00

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • City Limits Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

2.75 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 1993
  • New Construction: No
  • Lot: Lot Size Acres: 2.75
  • Lot: Lot Size Square Feet: 119790.0
  • AssociationCommunity: Number Of Buildings: 2.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Building: Accessibility Features YN: No
  • Building: Stories Total: 2
  • Structure Type: Multi Family: Yes
  • AssociationCommunity: Number Of Units Total: 8.0
  • Unit Details: Number Of Units Vacant: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Total Bedrooms: 16
  • LivingArea: 6664.0
  • Lot Size Area: 2.75
  • Total Stories: 2

Exterior Features

  • Roof: Metal
  • List Price: 800000.0
  • Roof: Metal: Yes

Garage/Parking

  • Total Parking Spaces: 20.0
  • Parking Information: Parking Total: 20.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Water Connected
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Heating: Electric: Yes
  • Utilities: Water Connected: Yes

Lot Info

  • Lot Size Acres: 2.75
  • Lot Size Sq Ft: 119790.0
  • Parcel Number: 123-50-00-078.00
  • Zoning Description: Commercial

Multi Family

  • Number of Units Total: 8
  • Number of Units Vacant: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Sep 5, 2025
Sold by
Bought by
Seller's Agent
Jennifer Skidmore
Highland Heritage Realty
Buyer's Agent
Sasha Hawkins
C Roger Lewis Agency
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Views
902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
0.0663%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $637,500
Closed $480,710
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Sold $750,000 -6.3% $113 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/22/2025 06/22/25 Price Changed $800,000 -5.9% $120 / Sq Ft
06/04/2025 06/04/25 For Sale $850,000 0.0% $128 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $850,000 -10.5% $128 / Sq Ft
03/01/2025 03/01/25 For Sale $950,000 -- $143 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,652 $855,000 $25,000 $830,000
2024 $3,662 $475,000 $0 $0
2023 $3,757 $475,000 $0 $0
2022 $3,781 $475,000 $0 $0
2021 $1,485 $180,000 $0 $0
2020 $1,493 $180,000 $0 $0
2019 $1,500 $180,000 $0 $0
2018 $1,498 $180,000 $0 $0
2017 $1,497 $180,000 $0 $0
2015 $1,492 $244,000 $23,000 $221,000
2012 -- $180,000 $10,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25003725

ImagineMLS (Bluegrass REALTORS®)

APN: 123-50-00-078.00

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