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Listed price in listed location currency (USD).
$530,000

990

MLS® 25502951

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 6000 sqft
Garage No
HOA Fees 
Taxes 
Days Active 61
Approx. Age 9999
Avg. Price Per Sqft $88
MLS® Number 25502951

Property Address: 4738 Camargo Levee Rd, Mt Sterling, KY, 40353-7855

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

Description

Multi-Family Investment Opportunity - 9 Units + Expansion Potential in Camargo, KY Excellent income-producing property featuring 9 rentable units across two buildings, with 6 units currently leased, 2 ready for new tenants, and 1 awaiting renovation. Recent updates include 8 units repaired or flipped within the last two years, new HVAC systems, and a new metal roof (installed within 3 months) on the smaller 4-unit building. The larger building offers 5 existing units plus a framed-out 6th unit with rough plumbing and electric in place. Additional opportunities include a spacious A 32' x 40' shop with 12' ceilings and a work pit garage that could be leased for storage or converted into 2-3 more rental units, and a plumbed RV pad with electric—plus space for a second pad once utilities are extended. The property is currently served by 2 water meters, with 12 new individual meters onsite ready for installation to increase efficiency and reduce costs. This well-maintained complex in peaceful Camargo offers both immediate cash flow and substantial upside potential—perfect for investors seeking value-add opportunities in a rural market. Located outside of downtown Mt Sterling and within 46 minutes/36 miles from downtown Lexington. It is approximately 40 minutes to Morehead State University and Transylvania University.
MLS® Number25502951
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelMain Level
Exposure
Exterior
GarageNo
Approx. Age9999
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 4, 2025List Date
$530,000List Price
  • Commute

Commute

Starting Address
Destination Address
4738 Camargo Levee Rd, Mt Sterling, KY

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