20 Pickle Lane, Morehead, KY 40351

Morehead
Local realty services provided by:Better Homes and Gardens Real Estate Fern Leaf Group
20 Pickle Lane,Morehead, KY 40351
$2,250,000
  • 3 Beds
  • 1 Baths
  • 1,200 sq. ft.
  • Single family
  • Active
Listed by: shannon v malone
Office: homeland real estate inc
MLS#:26027640
Source:KY_LBAR

Price summary

  • Price:$2,250,000
  • Price per sq. ft.:$1,875

About this home

Exceptional investment opportunity featuring 14 fully leased single-family residences situated on 5 acres in a convenient location near I-64 and Cave Run Lake. All 14 homes were built in 2021, offering a newer residential rental portfolio with established tenants already in place. The property consists of five 3-bedroom, 2-bath homes with approximately 1,200 sq ft each; six 2-bedroom, 2-bath homes with approximately 900 sq ft each; and three 2-bedroom, 1-bath homes with approximately 960 sq ft each. Tenants are responsible for their own electric, while the landlord currently pays water and garbage. Each residence is served by septic. Adding even more potential to this income-producing property, the local Health Department has indicated that the acreage can accommodate one additional residence, subject to applicable approvals and permitting. With 14 newer single-family homes in one location, full occupancy, convenient interstate access and proximity to Cave Run Lake, this is a rare...

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Home facts

  • Year built:2021
  • Listing ID #:26027640
  • Added:15 day(s) ago
  • Updated:October 22, 2026 at 03:11 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:2
  • Living area:1,200 sq. ft.

Heating and cooling

  • Cooling:Electric, Heat Pump
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:2021
  • Building area:1,200 sq. ft.
  • Lot area:5 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Rowan Co
  • Middle school:Rowan Co
  • Elementary school:Rowan Co

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,250,000
  • Price per sq. ft.:$1,875

Features and amenities

  • Laundry features:Electric Dryer Hookup, Washer Hookup

Parking

  • Parking description:Driveway
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