$995,000
Murray, KY 42071
MLS# 26024323
Status: Contingent
34 beds | 9 baths | 12448 sqft
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Property Description
Seize this unique multi-family housing opportunity in Calloway county! Formerly college housing, this property is ripe for conversion into student or single-person accommodations. The main building features 24 potential bedrooms, most with closets already installed! Downstairs features a full kitchen, 2 bathrooms, bedrooms & communal living/dining areas. Upstairs features additional bedrooms, two baths a kitchenette & common spaces. The rear building adds 6 more bedrooms, a kitchen, two bathrooms, and a central common area. Plus, a detached 4-bed, 3-bath house with a basement & attached garage offers flexibility to rent by room or as a whole. There is a vacant lot in between for further expansion or development. Ideal for income generation!
Details
Documents
Listing Information
Comp Sale YN: No
Property Sub Type: Apartment
Address
County: Calloway
Street Number: 1105
Street Name: State Route 121
State: KY
Zip Code: 42071
Zip +4: 8921
Directions: From Murray State University, turn left onto Chestnut St, Take a slight right onto Coldwater Rd, Left onto KY 121, 200 ft destination on left. For Sale Banner is on the property.
Parcel Number: 524889
Deed Book: 1217/501
Deed Page: 1217/497
Contract
Current Price: $995,000
Original List Price: 995000
Status: Contingent
Start Showing Date: 2026-09-03
Listing Contract Date: 2026-06-01
List Price: $995,000
Listing Agreement: Exclusive Right To Sell
Owner Name: SBG 1320 LLC
Occupant Type: Vacant
Office Exclusive YN: No
List Price/Acre: 759541.98
List Price/SqFt: 79.93
Interior
Bedrooms Total: 34
Bathrooms Total: 9
Bathrooms Full: 9
Living Area: 12448
Building
Year Built: 2011
Stories Total: 2
Accessibility Features YN: Yes
Lot
Lot Size Acres: 1.312
Lot Size Square Feet: 146797
Lot Size Dimensions: 3.5 Acres
Utilities
Cooling YN: Yes
Heating YN: Yes
Remarks
Public Remarks: Seize this unique multi-family housing opportunity in Calloway county! Formerly college housing, this property is ripe for conversion into student or single-person accommodations. The main building features 24 potential bedrooms, most with closets already installed! Downstairs features a full kitchen, 2 bathrooms, bedrooms & communal living/dining areas. Upstairs features additional bedrooms, two baths a kitchenette & common spaces. The rear building adds 6 more bedrooms, a kitchen, two bathrooms, and a central common area. Plus, a detached 4-bed, 3-bath house with a basement & attached garage offers flexibility to rent by room or as a whole. There is a vacant lot in between for further expansion or development. Ideal for income generation!
Building and Property Details
Building Expansion Potential YN: Yes
Lot Expansion Potential YN: Yes
Furniture, Fixtures & Equipment YN: Yes
Showing Information
Showing Instructions: Manager will open and close the building
Status Change Information
Status Change Timestamp: 2026-09-10
Purchase Contract Date: 2026-09-10
Tax Legal
MLS Area Major: 114 - Calloway County
High School District: Murray Independent
Property Features
Utilities: Water Available; Water Available
Cooling: Central Air
Heating: Forced Air
Parking Features: On Site; Paved
Possession: Negotiable
Showing Requirements: Call Listing Agent
Sellers Disclosure Of Property Condition 
Listing Office: Keller Williams Experience - Paducah
Last Updated: September - 10 - 2026
Information deemed reliable but not guaranteed.