Great investment opportunity with strong rental history! Located in the heart of downtown at 702 S Clay St, this 6-unit apartment building offers consistent income and high tenant demand within a convenient walking area. Parking in rear for 2 cars and on street. Originally built in 1810, the property has seen numerous key updates, including a new roof and decking in 2022, updated windows in 2016, and an upstairs electrical subpanel added in 2025. Additional improvements include a 52-gallon water heater (approx. 2021) and a new 40-gallon water heater (2025). All sewer lines are equipped with cleanouts for easy maintenance. Units are typically fully occupied, with vacancies only occurring during turnover and repairs. Each unit is equipped with gas heaters, window A/C units, gas stoves, and refrigerators. A solid addition to any investor's portfolio! Owner owns 700 E. 7th St. for a package deal to be sold with 702 S Clay St. for $325,000.
| MLS # | 3512425 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1810 |
| Days On Site | 81 |
| Listing Provided By | Advantage REALTORS | Karen Chiles |
| SQ Feet | 5,440 |
|---|---|
| Story(s) | 2 |
| Units | 7 |
| Zoning | I-1 |
| Acreage | 0.24 |
| Property View | Yes |
| View | City |
|---|
| Garage Yes / No | No |
|---|
| Property | 108 |
|---|
| State | KY |
|---|---|
| County | Christian County |
| City | Hopkinsville |
| Zip Code | 42240 |
| Area | Christian County | KY |
| Community Name | Reynolds Add |
| School District | Christian County High School |
| Elementary School | Freedom Elementary |
| High School | Christian County High School |
| Listing VS Median (in Reynolds Add) | |
Price: $100,000 low | high Med: $100,000 sqft: 5,440 low | high Med: 5,440 $ / sqft: $18 low | high Med: $18 On site: 81 low | high Med: 81 | |
| State | KY |
|---|---|
| County | Christian County |
| City | Hopkinsville |
| Zip Code | 42240 |
| Area | Christian County | KY |
| Community Name | Reynolds Add |
| School District | Christian County High School |
| Elementary School | Freedom Elementary |
| High School | Christian County High School |
| Listing VS Median (in Reynolds Add) | |
Price: $100,000 low | high Med: $100,000 sqft: 5,440 low | high Med: 5,440 $ / sqft: $18 low | high Med: $18 On site: 81 low | high Med: 81 | |