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$2,250,000

For Sale

3 days ago

20 Pickle Lane, Morehead, KY

House

MLS® 26027640

3 Bed

1 Bath

1200 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1200 sqft
Garage 
Taxes 
Days Active 1
Lot Size 5 Acres
Approx. Age 2021
Avg. Price Per Sqft $1,875
MLS® Number 26027640

Property Address: 20 Pickle Lane, Morehead, KY, 40351

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity featuring 14 fully leased single-family residences situated on 5 acres in a convenient location near I-64 and Cave Run Lake. All 14 homes were built in 2021, offering a newer residential rental portfolio with established tenants already in place. The property consists of five 3-bedroom, 2-bath homes with approximately 1, 200 sq ft each; six 2-bedroom, 2-bath homes with approximately 900 sq ft each; and three 2-bedroom, 1-bath homes with approximately 960 sq ft each. Tenants are responsible for their own electric, while the landlord currently pays water and garbage. Each residence is served by septic. Adding even more potential to this income-producing property, the local Health Department has indicated that the acreage can accommodate one additional residence, subject to applicable approvals and permitting. With 14 newer single-family homes in one location, full occupancy, convenient interstate access and proximity to Cave Run Lake, this is a rare opportunity to acquire an established residential investment portfolio with potential for additional growth. Financial information, rent roll and additional property details available to qualified buyers.
MLS® Number26027640
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2021
Basement
DrivewayDriveway
Garage Spaces
HeatElectric, Heat Pump
A/CCentral Air, Electric, Heat Pump

Extras

Rooms

Other:First FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 4, 2026List Date
$2,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
20 Pickle Lane, Morehead, KY

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