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Pine Ridge Apartments - 48-Unit Multifamily Investment Opportunity! Located in Morehead, KY, this established apartment community offers an excellent opportunity for investors seeking to expand their multifamily portfolio. Situated on approximately 4 acres and surrounded by an additional 36 wooded acres, the property provides a peaceful residential setting with convenient accessibility. The community consists of 48 units, including 8 three-bedroom, 16 two-bedroom, and 24 one-bedroom apartments. Additional features include an on-site management office and resident laundry facility. Pine Ridge Apartments operates under a HUD housing program through the U.S. Department of Housing and Urban Development, offering an established affordable housing community with potential for long-term investment stability. With its diverse unit mix, existing infrastructure, and potential for operational improvements, this property presents an attractive investment opportunity. **Buyer must obtain HUD approval, and the property is subject to existing HUD program requirements and restrictions.

26028937 MLS

Pine Ridge Apartments - 48-Unit Multifamily Investment Opportunity! Located in Morehead, KY, this established apartment community offers an excellent opportunity for investors seeking to expand their multifamily portfolio. Situated on approximately 4 acres and surrounded by an additional 36 wooded acres, the property provides a peaceful residential setting with convenient accessibility. The community consists of 48 units, including 8 three-bedroom, 16 two-bedroom, and 24 one-bedroom apartments. Additional features include an on-site management office and resident laundry facility. Pine Ridge Apartments operates under a HUD housing program through the U.S. Department of Housing and Urban Development, offering an established affordable housing community with potential for long-term investment stability. With its diverse unit mix, existing infrastructure, and potential for operational improvements, this property presents an attractive investment opportunity. **Buyer must obtain HUD approval, and the property is subject to existing HUD program requirements and restrictions.

300 Pine Ridge Dr, Morehead

$600,000

List price is just to put this listing on MLS Only - The price at Auction can sell higher or lower then shown list price. Live public auction - buck skin run campground, Boat Storage & More 17 RV Sites with Full Hookups; 10 Boat Storage Units with Electric; 2 Cabins; Store Front with 3 Bedroom, 1.5 Bath Apartment Above; Bathhouse; 4.14 Acres with Room for Expansion. Saturday, October 17, 2026 at 10:30 A.M. - Live ON SITE PUBLIC AUCTION Rare Commercial Property available in Rowan County, KY. Great Location only 1 mile from Cave Run Lake. Pre-Built Investment Property with Great Income Production. Located at 1750 KY 801 South, Morehead, KY 40351, just 1.7 Miles from US 60. TERMS: 10% Down day of Auction, with Balance due on or before 12/02/2026. A 10% Auction Marketing Fee will be added to the final bid to determine Sale Price. The real estate is being sold "AS IS", cash for deed at time of closing. One cabin does not have a restroom and must use the bathhouse. BIDDER REGISTRATION: To register to bid on real estate all bidders must have legal proof of identity and sign the Terms & Conditions prior to getting Bid Number. Auction will be conducted on site.

26026252 MLS

List price is just to put this listing on MLS Only - The price at Auction can sell higher or lower then shown list price. Live public auction - buck skin run campground, Boat Storage & More 17 RV Sites with Full Hookups; 10 Boat Storage Units with Electric; 2 Cabins; Store Front with 3 Bedroom, 1.5 Bath Apartment Above; Bathhouse; 4.14 Acres with Room for Expansion. Saturday, October 17, 2026 at 10:30 A.M. - Live ON SITE PUBLIC AUCTION Rare Commercial Property available in Rowan County, KY. Great Location only 1 mile from Cave Run Lake. Pre-Built Investment Property with Great Income Production. Located at 1750 KY 801 South, Morehead, KY 40351, just 1.7 Miles from US 60. TERMS: 10% Down day of Auction, with Balance due on or before 12/02/2026. A 10% Auction Marketing Fee will be added to the final bid to determine Sale Price. The real estate is being sold "AS IS", cash for deed at time of closing. One cabin does not have a restroom and must use the bathhouse. BIDDER REGISTRATION: To register to bid on real estate all bidders must have legal proof of identity and sign the Terms & Conditions prior to getting Bid Number. Auction will be conducted on site.

1750 S Kentucky, Morehead

$1,950,000

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.

34 Beds ⋅ 17 Baths ⋅ 26018069 MLS

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.

939 Piedmont St, Morehead

$485,000

Discover a unique opportunity with this versatile 960 ft² commercial building situated on a sprawling 27.475 acres of gently rolling farmland, featuring over 1,200 feet of road frontage along the bustling Highway 32. This prime location serves as a vital connector between Rowan and Fleming counties, offering excellent visibility and accessibility for various commercial ventures. The land is predominantly cleared and currently maintained for hay production, presenting an ideal scenario for agricultural use while also opening doors for mixed-use development. The commercial building is complemented by a generous parking lot, ensuring ample space for customers or clients and providing seamless access to the expansive farmland. In addition to the main structure, the property features a barn and a rental house, available for just $550 a month. While the rental house is in need of renovation, it presents an opportunity to continual additional income. Potential Uses This property is a blank canvas for a variety of potential uses, including: - Mixed-Use Commercial Development: Ideal for businesses that benefit from high traffic visibility, such as retail outlets, restaurants, or service-oriented enterprises. - Agricultural Ventures: Continue the current hay production or explore other farming possibilities, including livestock or crop cultivation. - Residential Real Estate Development: The gently rolling landscape is perfect for creating residential lots, enhancing the local housing market. - Recreational Facilities: Utilize the farmland for outdoor recreation, such as a farm-to-table venue, event space, or community gardens. Investment Highlights -Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential customers or clients. - Versatile Property: The combination of commercial space, farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected, gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. This property presents an exceptional opportunity for investors and developers looking to capitalize on a prime location with diverse potential uses. Don't miss your chance to own a piece of land that combines commercial viability with agricultural charm! *Some Photos/videos are AI renders to inspire vision.

25503354 MLS

Discover a unique opportunity with this versatile 960 ft² commercial building situated on a sprawling 27.475 acres of gently rolling farmland, featuring over 1,200 feet of road frontage along the bustling Highway 32. This prime location serves as a vital connector between Rowan and Fleming counties, offering excellent visibility and accessibility for various commercial ventures. The land is predominantly cleared and currently maintained for hay production, presenting an ideal scenario for agricultural use while also opening doors for mixed-use development. The commercial building is complemented by a generous parking lot, ensuring ample space for customers or clients and providing seamless access to the expansive farmland. In addition to the main structure, the property features a barn and a rental house, available for just $550 a month. While the rental house is in need of renovation, it presents an opportunity to continual additional income. Potential Uses This property is a blank canvas for a variety of potential uses, including: - Mixed-Use Commercial Development: Ideal for businesses that benefit from high traffic visibility, such as retail outlets, restaurants, or service-oriented enterprises. - Agricultural Ventures: Continue the current hay production or explore other farming possibilities, including livestock or crop cultivation. - Residential Real Estate Development: The gently rolling landscape is perfect for creating residential lots, enhancing the local housing market. - Recreational Facilities: Utilize the farmland for outdoor recreation, such as a farm-to-table venue, event space, or community gardens. Investment Highlights -Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential customers or clients. - Versatile Property: The combination of commercial space, farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected, gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. This property presents an exceptional opportunity for investors and developers looking to capitalize on a prime location with diverse potential uses. Don't miss your chance to own a piece of land that combines commercial viability with agricultural charm! *Some Photos/videos are AI renders to inspire vision.

7325 Flemingsburg Rd, Morehead

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