Sold
Last Sold Price
1 bed
1608 College Farm Road, Murray, KY 42071
OtherProperty Type
0.73 acresLot Size

Description

Fantastic Investment Opportunity less than a city block from Murray State University. This property contains 2 apartment buildings with new architectural shingle roofs in 2018. Most of the units have been completely remodeled with new flooring and fresh paint, bathrooms updated. Plenty of parking located off street behind the buildings. 18 units total, 16 of them are 1 bedroom, 2 of them are 2 bedroom, only 1 vacant 2 bedroom unit because it just finished being renovated, it is also the one photographed...Fantastic Investment Opportunity less than a city block from Murray State University. This property contains 2 apartment buildings with new architectural shingle roofs in 2018. Most of the units have been completely remodeled with new flooring and fresh paint, bathrooms updated. Plenty of parking located off street behind the buildings. 18 units total, 16 of them are 1 bedroom, 2 of them are 2 bedroom, only 1 vacant 2 bedroom unit because it just finished being renovated, it is also the one photographed in the listing. Separate laundry facility provided for 1 bedroom units. Both of the 2 bedroom units have a washer & dryer provided in each apartment. 95% occupancy.
  • Listed by: Tammy Cothran 270.752.4712 tammy.cothran@gmail.com • Keller Williams Experience - Murray
Listing closed: 10/20/2021 12:00 AM • Source: Imagine MLS, MLS#: W113009

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$131,000

Avg days on market

39

Sale-to-list ratio

82.7%

Murray, KY

9 comparable properties found

$460,000 | 1904 Sherri Lane, Murray, KY 42071
1/27
1

$460,000

Sold 03/28/25

2
Bedrooms
Unavailable
Square Feet
0.37
Acres
2

$460,000

Sold 07/15/25

2
Bedrooms
1
Bathrooms
1,728
Square Feet
Unavailable
Acres
$140,000 | 402 North 8th Street, Murray, KY 42071
1/17
3

$140,000

Sold 01/08/25

1
Bedrooms
Unavailable
Square Feet
0.28
Acres
$57,000 | 1000 Vine Street, Murray, KY 42071
1/19
4

$57,000

Sold 06/20/25

1
Bedrooms
480
Square Feet
0.21
Acres
$59,000 | 412 North 5th Street, Murray, KY 42071
1/19
5

$59,000

Sold 03/10/25

1
Bedrooms
Unavailable
Square Feet
0.18
Acres
$33,000 | 423 South 8th Street, Murray, KY 42071
1/17
6

$33,000

Sold 01/17/25

1
Bedrooms
Unavailable
Square Feet
0.46
Acres
$131,000 | 505 Vine Street, Murray, KY 42071
1/21
7

$131,000

Sold 04/21/25

1
Bedrooms
Unavailable
Square Feet
0.32
Acres
$355,000 | 1707 Wells Drive, Unit A B, Murray, KY 42071
1/22
8

$355,000

Sold 12/18/24

2
Bedrooms
Unavailable
Square Feet
0.6
Acres
9

$30,000

Sold 07/03/25

1
Bedrooms
1,151
Square Feet
0.3
Acres

Amenities

  • Dryer
  • Electric Heat
  • Laundry
  • Washer
  • Washer / Dryer

Location

Listing Courtesy of Keller Williams Experience - Murray

Sold By Keller Williams Experience - Murray

Add your commute

Payment Calculator

$2,987 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,803

Property Taxes

$184

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1608 College Farm Road

Property Details
Building Information
  • Stories: 2
  • Residences: 18
  • Lot Size: 0.73 AC / 31,798 SF
Summary
Location and General Information
  • Directions: From 12th street in Murray turn W. onto College Farm Road. Go through the 16th street (5 points) intersection and property will be on your right just past Murray Animal Hospital.
  • Latitude: 36.616912
  • Longitude: -88.325621
Property
Lot Information
  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Square Feet: 31798.8
  • Lot Size Units: Acres
Property and Assessments
  • Living Area Source: Listing Agent Measured
Building Features
  • Structure Type: Multi Family
Utilities
  • Utilities: Sewer Available, Water Available
Multi Family
Multi Family Information
  • Number Of Units Total: 18
Interior and Exterior Features
Exterior Features
  • Roof: Dimensional Style, Shingle
  • Stories Total: 2
Interior Features
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Heating: Electric
  • Heating: Yes

Property History for 1608 College Farm Road

DateEvent & SourcePriceAppreciation
Oct 20, 2021

Sold

Imagine MLS #W113009

$525,000—
Aug 11, 2021

Contract Signed

Imagine MLS #W113009

—
Jun 28, 2021

Listed (Active)

Imagine MLS #W113009

$699,000—
DateEvent & SourcePrice
10/20/2021

Sold

Imagine MLS #W113009

$525,000
08/11/2021

Contract Signed

Imagine MLS #W113009

—
06/28/2021

Listed (Active)

Imagine MLS #W113009

$699,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1608 College Farm Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,213 ($184 / month)
Home Facts
Beds0Total Finished SqFt6,730 SqFtAbove Grade Finished SqFt6,730 SqFtStories2StyleSingle Family ResidenceCountyCALLOWAYAPN001-0-0018-00018

Schools near 1608 College Farm Road

This home is within Murray Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Murray Elementary School
PublicPK to 3

Murray Middle School
Public4 to 8

Murray High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 42071

$495,000 | 911 Sycamore Street, Murray, KY 42071
1/72

$495,000

3
Bedrooms
2,934
Square Feet
0.77
Acres
$184,900 | 1306 Story Avenue, Murray, KY 42071
1/38
New

$184,900

3
Bedrooms
1,260
Square Feet
0.4
Acres
$238,000 | 645 Heron Road, Murray, KY 42071
1/27
Virtual Tour

$238,000

6
Bedrooms
2,450
Square Feet
6.72
Acres
$85,000 | 1795 Rob Mason Road, Murray, KY 42071
1/16

$85,000

2
Bedrooms
1,209
Square Feet
2.24
Acres
$160,000 | 1639 Farmer Avenue, Murray, KY 42071
1/18

$160,000

3
Bedrooms
1,194
Square Feet
0.28
Acres
$182,000 | 2537 Old Newburg Road, Murray, KY 42071
1/40

$182,000

4
Bedrooms
1,828
Square Feet
1.6
Acres
$214,900 | 18 Kenwood Drive, Murray, KY 42071
1/37
Virtual Tour

$214,900

4
Bedrooms
1,768
Square Feet
0.38
Acres
$150,000 | 301 North 7th Street, Murray, KY 42071
1/5

$150,000

2
Bedrooms
1,818
Square Feet
0.30
Acres
$150,000 | 400 South 6th Street, Murray, KY 42071
1/4

$150,000

2
Bedrooms
1,453
Square Feet
0.24
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1608 College Farm Road, Murray, KY 42071
$525,000
1
–
31,798
$110,000
–
–
2,118
–
$65,000
–
–
975
–
$25,000
–
–
1,250
10,846
$120,000
2
2
2,356
16,117
$135,000
4
2
2,171
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Experience - Murray

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 ImagineMLS. All rights reserved.