475/500 Christy Creek Road, Morehead, KY
$ 499,000
Property Attributes
  • MLS#23005931
  • TypeMulti-Family
  • CountyROWAN
  • CityMorehead
  • Area061 - Rowan County
  • Zip40351
  • Style
  • Price$ 499,000
  • Bedrooms13
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage11104
  • Lot Size1.7 Acres
Data Source:
Bluegrass REALTORS®
Property Description

A piece of Morehead History. These 2 apartment buildings known formerly as the Mabry apartments are approximately 2 miles from MSU campus and has been serving the community and students alike for decades. This offer consist of 12 units. 475 Christy Creek has 7 - 1 BR/1 BA units and 1-2 BR/1 BA unit for a total of 8 Units and has gas , sewer, water and electric paid by Landlord. Situated on .46 surveyed acres. 500 Christy Creek has 4 - 1 BR/1 BA units and water, electric, gas and septic. -paid by Landlord but has some separate meters if you wanted to put these 4 on tenant pay. Situated on 1.24 surveyed acres. Possible room for some more units and a possibility to hook those up on sewer-Buyer to verify with Utility Plant Board.Several of the units have had updates and their is still some work to do, but if you are handy and can do some work yourself-you might just be able to add some equity for you! Some maintenance equipment may stay with purchase.Allow a couple days for appointments to be set up but CALL QUICKLY.

Elementary School Middle School High School
Rodburn Elementary School Rowan Co Middle School Rowan Co High School
Price History
4/5/2023 Listed $499,000

General Features

# of Buildings Two
Area 061 - Rowan County
City Morehead
County Rowan
Directions from downtown Moreheadturn left onto Wilkinson Blvd. go about 1.9 miles to Ky 32 (Christy Creek Road).Turn right onto Christy Creek and go .475 for the first building on the right and across the road
Elementary School Rodburn
Geo Lat 38.193427
Geo Lon -83.405191
High School Rowan Co
Possession Close Of Escrow
Property Type F
School District Rowan County - 61
Status Active
Street Name Christy Creek
Subdivision Rural
Tax Rate 0.864
Year Built 9999

Interior Features

Full Baths 12
Stories Two
Street Suffix Road
Total Baths 12.00
Total Bedrooms 13
Unit Info: # Of Units 12

Exterior Features

Lot Size Acres 1.7000
Lot Size Square Feet 74052.00
Mls Identifier 20180201170722572567000000


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 40351

AVG $420K
AVG 31