1105 State Route 121, Murray, KY 42071

New Listing
$995,000
Property Type: Residential Income Bedrooms: 34 Baths: 9 Square Footage: 12,448 Lot Size (sq. ft.): 146,797 Status: Active
Current Price: $995,000 List Date: 9/04/2026 Last Modified: 9/04/2026

Overview

Description

Seize this unique multi-family housing opportunity in Calloway county! Formerly college housing, this property is ripe for conversion into student or single-person accommodations. The main building features 24 potential bedrooms, most with closets already installed! Downstairs features a full kitchen, 2 bathrooms, bedrooms & communal living/dining areas. Upstairs features additional bedrooms, two baths a kitchenette & common spaces. The rear building adds 6 more bedrooms, a kitchen, two bathrooms, and a central common area. Plus, a detached 4-bed, 3-bath house with a basement & attached garage offers flexibility to rent by room or as a whole. There is a vacant lot in between for further expansion or development. Ideal for income generation!

Listing Details MLS# 26024323

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2026-09-03

Address

County
Calloway
Street Number
1105
Street Name
State Route 121
State
KY
Zip Code
42071
Zip +4
8921
Directions
From Murray State University, turn left onto Chestnut St, Take a slight right onto Coldwater Rd, Left onto KY 121, 200 ft destination on left. For Sale Banner is on the property.
Parcel Number
524889
Deed Book
1217/501
Deed Page
1217/497

Contract

Original List Price
995000
Start Showing Date
2026-09-03
Listing Contract Date
2026-06-01
Listing Agreement
Exclusive Right To Sell
Owner Name
SBG 1320 LLC
Occupant Type
Vacant
Office Exclusive YN
No
List Price/Acre
758384.15
List Price/SqFt
79.93

Tax Legal

MLS Area Major
114 - Calloway County
High School District
Murray Independent

Interior

Bedrooms Total
34
Bathrooms Total
9
Bathrooms Full
9
Living Area
12448

More Information

Building

Year Built
2011
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Acres
1.312
Lot Size Square Feet
146797
Lot Size Dimensions
3.5 Acres

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Seize this unique multi-family housing opportunity in Calloway county! Formerly college housing, this property is ripe for conversion into student or single-person accommodations. The main building features 24 potential bedrooms, most with closets already installed! Downstairs features a full kitchen, 2 bathrooms, bedrooms & communal living/dining areas. Upstairs features additional bedrooms, two baths a kitchenette & common spaces. The rear building adds 6 more bedrooms, a kitchen, two bathrooms, and a central common area. Plus, a detached 4-bed, 3-bath house with a basement & attached garage offers flexibility to rent by room or as a whole. There is a vacant lot in between for further expansion or development. Ideal for income generation!

Building and Property Details

Building Expansion Potential YN
Yes
Lot Expansion Potential YN
Yes
Furniture, Fixtures & Equipment YN
Yes

Showing Information

Showing Instructions
Manager will open and close the building

Property Features

Utilities: Water Available; Water Available Cooling: Central Air Heating: Forced Air Parking Features: On Site; Paved Possession: Negotiable Showing Requirements: Call Listing Agent

Documents

Listing Office: Keller Williams Experience - Paducah
Last Updated: September - 04 - 2026
Information deemed reliable but not guaranteed.
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