2885 Main Street, Clay City, KY 40312

New Listing
$410,000
Property Type: Residential Income Bedrooms: 18 Baths: 10 Square Footage: 1,920 Lot Size (sq. ft.): 130,680 Status: Active
Current Price: $410,000 List Date: 7/31/2026 Last Modified: 8/03/2026

Overview

Description

Great Investment Opportunity! There are 8 Rental Units in a Triplex, House, and 4 manufactured homes situated on approximately 3 acres. This income-producing property presents an outstanding opportunity for investors seeking multiple rental streams. Designed with a park-like atmosphere, the grounds feature mature shade trees, and a country setting. Improvements include newer septic systems, along with updates to several units featuring modern flooring and upgraded appliances. A short drive from the Mountain Parkway, the property offers easy access to surrounding communities, local conveniences, and outdoor destinations including Red River Gorge. If you are searching for a property with strong income potential and future possibilities, you won't want to miss this one.

Listing Details MLS# 26020528

Listing Information

Comp Sale YN
No
Property Sub Type
Triplex

Status Change Information

Status Change Timestamp
2026-07-31

Address

County
Powell
Street Number
2885
Street Name
Main
Street Suffix
Street
State
KY
Zip Code
40312
Directions
From the Mountain Parkway, the the Clay City exit and turn towards Clay City. Go right on Main Street/Route11. Property is on the right.
Parcel Number
15P-00-00-024.01

Contract

Original List Price
410000
Start Showing Date
2026-07-31
Listing Contract Date
2026-07-31
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
136666.67
List Price/SqFt
213.54

Tax Legal

MLS Area Major
019 - Powell County
Subdivision Name
Rural
High School District
Powell County -19

Interior

Bedrooms Total
18
Bathrooms Total
10
Bathrooms Full
10
Living Area
1920
Bathrooms Half
0

More Information

Building

Year Built
9999
Accessibility Features YN
No

Lot

Lot Size Acres
3
Lot Size Square Feet
130680

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Great Investment Opportunity! There are 8 Rental Units in a Triplex, House, and 4 manufactured homes situated on approximately 3 acres. This income-producing property presents an outstanding opportunity for investors seeking multiple rental streams. Designed with a park-like atmosphere, the grounds feature mature shade trees, and a country setting. Improvements include newer septic systems, along with updates to several units featuring modern flooring and upgraded appliances. A short drive from the Mountain Parkway, the property offers easy access to surrounding communities, local conveniences, and outdoor destinations including Red River Gorge. If you are searching for a property with strong income potential and future possibilities, you won't want to miss this one.

Building and Property Details

Building Expansion Potential YN
Yes

Income and Expenses

Gross Income
4840

Showing Information

Showing Instructions
Minimum 48-hour notice to show, could take up 72 hours to reach each tenant.

Tax & Legal

Elementary School
Clay City
Middle Or Junior School
Powell Co
High School
Powell Co
Tax Rate
0.905
Zoning
Other

Association/Community

Number Of Buildings
6
Number Of Units Total
8

Cooling

Central Air
Yes
Electric
Yes
Window Unit(s)
Yes

Heating

Electric
Yes
Forced Air
Yes
Natural Gas
Yes
Other
Yes

Parking Features

Gravel
Yes
On Site
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Roof

Metal
Yes

Structure Type

Manufactured House
Yes
Triplex
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes
Call Listing Office
Yes
Showing Service
Yes

Property Features

Cooling: Central Air; Electric; Window Unit(s) Heating: Electric; Forced Air; Natural Gas; Other Parking Features: Gravel; On Site Possession: Close Of Escrow; Subject To Tenant Rights Roof: Metal Structure Type: Manufactured House; Triplex; Other Showing Requirements: Call Listing Agent; Call Listing Office; Showing Service
Listing Office: Murphy Realty Group
Last Updated: August - 03 - 2026
Information deemed reliable but not guaranteed.