702 S Clay Street,Hopkinsville, KY 42240
Hopkinsville, KY 42240
Description
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.
Details
| MLS # | 26022102 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1810 |
| Days On Site | 24 |
| Listing Provided By | Advantage, Realtors | Karen C Chiles |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 5,440 |
| Units | 7 |
| Acreage | 0.24 |
Interior
| Cooling | Wall Unit(s) |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Area Information
| State | KY |
|---|---|
| County | Christian |
| City | Hopkinsville |
| Zip Code | 42240 |
| Area | 106 Christian County |
| Subarea | Christian County |
| School District | Christian County |
| Elementary School | Freedom |
| High School | Christian Co |
| Listing VS Median (in 42240) | |
Price: $125,000 low | high Med: $245,000 sqft: 5,440 low | high Med: 1,320 $ / sqft: $23 low | high Med: $186 On site: 24 low | high Med: 55 | |
Market Activity 42240
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Learn More About This Property
| State | KY |
|---|---|
| County | Christian |
| City | Hopkinsville |
| Zip Code | 42240 |
| Area | 106 Christian County |
| Subarea | Christian County |
| School District | Christian County |
| Elementary School | Freedom |
| High School | Christian Co |
| Listing VS Median (in 42240) | |
Price: $125,000 low | high Med: $245,000 sqft: 5,440 low | high Med: 1,320 $ / sqft: $23 low | high Med: $186 On site: 24 low | high Med: 55 | |
