702 S Clay St, Hopkinsville, KY 42240

$125,000
7
BD
7
BA
5,440
SqFt

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List Price
$125,000
Price Change
▼ $25,000 1787602047
MLS#
26022102
Status
ACTIVE
Type
Multifamily
Subtype
Quadruplex
Bedrooms
7
Bathrooms
7
Full Baths
7
Living Area
5,440
Lot Size
10,645

Property Description

Great investment opportunity with strong rental history! Located in the heart of downtown at 702 S Clay St, this 6-unit apartment building offers consistent income and high tenant demand within a convenient walking area. Parking in rear for 2 cars and on street. Originally built in 1810, the property has seen numerous key updates, including a new roof and decking in 2022, updated windows in 2016, and an upstairs electrical subpanel added in 2025. Additional improvements include a 52-gallon water heater (approx. 2021) and a new 40-gallon water heater (2025). All sewer lines are equipped with cleanouts for easy maintenance. Units are typically fully occupied, with vacancies only occurring during turnover and repairs. Each unit is equipped with gas heaters, window A/C units, gas stoves, and refrigerators. A solid addition to any investor's portfolio! Owner owns 700 E. 7th St. for a package deal to be sold with 702 S Clay St. for $325,000.

Additional Information

Elementary School
Freedom
Middle School
Christian Co
High School
Christian Co

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Calculator source: Real Geeks

Listing courtesy of Advantage, Realtors.