406 S 16th Street, Murray, KY 42071

Murray
Local realty services provided by:Better Homes and Gardens Real Estate Fern Leaf Group
406 S 16th Street,Murray, KY 42071
$225,000
  • 4 Beds
  • 2 Baths
  • 1,680 sq. ft.
  • Multi-family
  • Active
Listed by: ashton downey
Office: keller williams experience - murray
MLS#:26029954
Source:KY_LBAR

Price summary

  • Price:$225,000
  • Price per sq. ft.:$133.93

About this home

Investment opportunity within walking distance of Murray State University! This well-maintained duplex features two bedrooms and one bathroom on each side and is already bringing in $2,200 per month total, with tenants paying their own utilities. Opportunities to purchase an income-producing property in this location don't come around often! Each unit includes a washer and dryer that will convey, along with all attached appliances. Several important updates have already been taken care of, including a new roof on both the duplex and detached garage in 2020, mini-split systems installed in both units in 2024, new fiberglass shower surrounds in both bathrooms, and updated vinyl windows throughout. The property also offers plenty of parking for both units, plus a detached two-bay garage in the backyard that's in great condition. Keep it for your own storage and eliminate that monthly storage rental fee, or explore the potential to rent the garage bays to tenants for additional monthly...

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Home facts

  • Year built:1960
  • Subdivision & Development:None
  • Listing ID #:26029954
  • Added:1 day(s) ago
  • Updated:October 30, 2026 at 04:39 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,680 sq. ft.

Heating and cooling

  • Cooling:Other
  • Heating:Electric

Structure and exterior

  • Year built:1960
  • Building area:1,680 sq. ft.
  • Lot area:0.4 Acres

Schools

  • High school:Murray Independent
  • Middle school:Murray
  • Elementary school:Murray

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$133.93

Features and amenities

  • Laundry features:Electric Dryer Hookup, Main Level, Washer Hookup
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