939 Piedmont Street, Morehead, KY 40351
$1,950,000
Property Type:
Residential Income
Bedrooms:
34
Baths:
17
Square Footage:
15,613
Lot Size (sq. ft.):
740,520
Status:
Active
Current Price:
$1,950,000
List Date:
7/13/2026
Last Modified:
7/13/2026
Overview
Description
Listing Details MLS# 26018069
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Quadruplex
Status Change Information
- Status Change Timestamp
- 2026-07-13
Address
- County
- Rowan
- Street Number
- 939
- Street Name
- Piedmont
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40351
- Zip +4
- 2117
- Directions
- From Morehead, take E. Main st., to Tolliver Rd, then left of Piedmont.
- Parcel Number
- 080-30 00 074.01
Contract
- Original List Price
- 1950000
- Start Showing Date
- 2026-07-13
- Listing Contract Date
- 2026-07-13
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Residential Miscellaneous
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 114705.88
- List Price/SqFt
- 124.9
Tax Legal
- MLS Area Major
- 061 - Rowan County
- Subdivision Name
- City Limits
- High School District
- Rowan County - 61
Interior
- Bedrooms Total
- 34
- Bathrooms Total
- 17
- Bathrooms Full
- 17
- Living Area
- 15613
- Living Area Source
- Public Records
- Bathrooms Half
- 0
More Information
Building
- Year Built
- 9999
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 17
- Lot Size Square Feet
- 740520
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Fantastic opportunity to invest in proven rental property near Morehead State University. All units stay occupied with no vacancies. 2 tri-plex units, 2 four-plex units, one single family dwelling and another ranch dwelling with main level unit and basement apartment. All units have been maintained well with many recent updates and repairs completed. Financial records available upon request.
Building and Property Details
- Building Expansion Potential YN
- Yes
- Lot Expansion Potential YN
- Yes
Income and Expenses
- Gross Scheduled Income
- 191800
- Insurance Expense
- 17068
- Lawn Services Expense
- 1830
- Less Operating Expenses
- 6180
- Maintenance Expense
- 6600
- Net Operating Income
- 51735
- Other Expense
- 57777
- Other Expense (B)
- 6547
- Other Expense (B) Description
- snow removal
- Other Expense Description
- repairs and remodeling
- Real Estate Taxes
- 12010
- Vacancy Allowance Rate
- 0
Showing Information
- Showing Instructions
- call listing agent
Tax & Legal
- Elementary School
- Rodburn
- Middle Or Junior School
- Rowan Co
- High School
- Rowan Co
- Tax Rate
- 1.262
- Zoning Description
- R-3 (High Density Residential)
Association/Community
- Number Of Buildings
- 6
- Number Of Units Total
- 16
Cooling
- Heat Pump
- Yes
Heating
- Heat Pump
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Composition
- Yes
Special Listing Conditions
- Standard
- Yes
Structure Type
- Quadruplex
- Yes
- Triplex
- Yes
- Other
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Property Features
Utilities:
Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Cooling:
Heat Pump
Heating:
Heat Pump
Listing Terms:
1031 Exchange; Cash; Conventional
Parking Features:
On Site; Paved
Possession:
Close Of Escrow
Roof:
Composition
Special Listing Conditions:
Standard
Structure Type:
Quadruplex; Triplex; Other
Showing Requirements:
Call Listing Agent
Sellers Disclosure Of Property Condition ›
Listing Office:
C Roger Lewis Agency
Last Updated: July - 13 - 2026
Information deemed reliable but not guaranteed.