448 N Hills Road, Corbin, KY 40701
$750,000
Property Type:
Residential Income
Bedrooms:
16
Baths:
8
Square Footage:
6,664
Lot Size (sq. ft.):
119,790
Status:
Closed
Current Price:
$750,000
List Date:
6/04/2025
Last Modified:
10/06/2025
Listing Details MLS# 25003725
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Apartment
Status Change Information
- Price Change Timestamp
- 2025-06-22T01:15:52Z
- Status Change Timestamp
- 2025-09-05
- Purchase Contract Date
- 2025-07-09
- Close Date
- 2025-09-05
- Close Price
- 750000
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
Address
- County
- Laurel
- Street Number
- 448
- Street Direction Prefix
- N
- Street Name
- Hills
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40701
- Directions
- Take 25E to Intersection of American Greeting Card Road. Turn onto American Greeting Card Road. Turn right onto North Hill Road. About 1/2 mile on the left will be entrance to apartment complex.
- Parcel Number
- 123-50-00-078.00
Contract
- Original List Price
- 950000
- Start Showing Date
- 2025-03-01
- Listing Contract Date
- 2025-03-01
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 290909.09
- List Price/SqFt
- 120.05
- Sold Price/Acre
- 272727.27
- Sold Price/SqFt
- 112.55
- SP/LP
- 0.94
Tax Legal
- MLS Area Major
- 044 - Laurel County
- Subdivision Name
- City Limits
- High School District
- Laurel County - 44
Interior
- Bedrooms Total
- 16
- Bathrooms Total
- 8
- Bathrooms Full
- 8
- Living Area
- 6664
- Bathrooms Half
- 0
More Information
Parking Information
- Parking Total
- 20
Building
- Year Built
- 1993
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 2.75
- Lot Size Square Feet
- 119790
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- 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!
Building and Property Details
- Building Expansion Potential YN
- Yes
- Common Area SqFt
- 351
Unit Details
- Number Of Units Vacant
- Yes
Showing Information
- Showing Instructions
- Showing Time. One unit available for immediate showing. All others rented.
Tax & Legal
- Tax Rate
- 7.96
- Zoning Description
- Commercial
Association/Community
- Number Of Buildings
- 2
- Number Of Units Total
- 8
Cooling
- Electric
- Yes
Heating
- Electric
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Roof
- Metal
- Yes
Special Listing Conditions
- Standard
- Yes
Structure Type
- Multi Family
- Yes
Property Features
Utilities:
Electricity Connected; Water Connected; Electricity Connected; Water Connected
Cooling:
Electric
Heating:
Electric
Listing Terms:
Cash; Conventional
Possession:
Close Of Escrow; Subject To Tenant Rights
Roof:
Metal
Special Listing Conditions:
Standard
Structure Type:
Multi Family
Listing Office:
Highland Heritage Realty
Last Updated: October - 06 - 2025
Information deemed reliable but not guaranteed.