531 Cedar Creek Road, Pikeville, KY 41501

$1,050,000
Property Type: Residential Income Bedrooms: 20 Baths: 32 Square Footage: 15,216 Lot Size (sq. ft.): 100,188 Status: Closed
Current Price: $1,050,000 List Date: 2/08/2019 Last Modified: 10/13/2026

Overview

Description

INVESTORS DREAM!! 531 Cedar Creek Rd. (12 townhouses). Less than 5 minutes from Pikeville Hospital , University of Pikeville and downtown; these townhouse are a PERFECT location for tenants. Most tenants consist of Graduate Students, Doctors, Professors, and young professionals. VERY LOW vacancy rate . Not to mention these townhouses are in the beautiful Cedar Creek neighborhood. Add these amazing townhouses to your portfolio today!

Listing Details MLS# 1902618

Status Change Information

Price Change Timestamp
2019-07-23T17:18:23Z
StatusChangeDate
2019-07-23
Contract Acceptance Date
2019-05-28
Sold Date
2019-07-22
Buyer Financing
Conventional
Concessions Comments
N/A
Sale Type
Arms Length Sale

Address

County
Pike
Street #
531
Street
Cedar Creek
St Suffix
Road
State/Province
KY
Zip Code
41501
Directions
US 23 onto Hambley Blvd. , Hambley Blvd turns into Cedar Creek Rd. Townhouses will be on the left
Parcel Number
.01

Contract

Original List Price
1200000
Start Showing Date
2019-02-08
Listing Price
1200000
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
521739.13
List Price/SqFt
78.86
Sold Price/Acre
456521.74
Sold Price/SqFt
69.01
SP/LP
0.88

Tax Legal

Area
097 - Pike County
Subdivision/Condo
Downtown
School District
Pike County - 97

Interior

Total # Bedrooms
20
Total Bathrooms
32
Baths - Full
20
Bathrooms Half
12
Living Area
15216

Parking Information

Parking Total
35

More Information

Building

Year Built
1998

Lot

Lot Size Acres
2.3
Lot Size Square Feet
100188.09

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
INVESTORS DREAM!! 531 Cedar Creek Rd. (12 townhouses). Less than 5 minutes from Pikeville Hospital , University of Pikeville and downtown; these townhouse are a PERFECT location for tenants. Most tenants consist of Graduate Students, Doctors, Professors, and young professionals. VERY LOW vacancy rate . Not to mention these townhouses are in the beautiful Cedar Creek neighborhood. Add these amazing townhouses to your portfolio today!

Income and Expenses

Gross Scheduled Income
10150

Showing Information

Showing Instructions
Need 48 hours notice. Property manager will let you in units.

Tax & Legal

Zoning Description
R-3

Association/Community

Number Of Buildings
1
Number Of Units Total
12

Property Features

Utilities: Electricity Connected; Electricity Connected Cooling: Electric Heating: Electric Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Composition; Shingle Special Listing Conditions: Standard
Listing Office: The Brokerage
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.