4-PLEX that is very well cared for with 2 units with 2 bedrooms and 2 units with 3 bedrooms. Flooring is upgraded, all units have appliances furnished and many of the walls and ceilings updated. Complex was built with an owner living in one of the units which would be a great opportunity for the new owner to secure owner occupant financing instead of invertor rates. The property is zoned R-5 and there are 2 extra lots included for possible additional unit. The zoning office at the City of Murray indicated that to add a duplex the plans showing all bldg setbacks, parking area, etc. must be approved before construction. All units are separated by a firewall that goes through the attic to the roof. Tenant and rental history are available.
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The average household income in
Murray, KY
grew
from
$24,482
to
$27,282
in the past year. This data is an estimate based upon
6,976
households in
Murray, KY. The chart below presents how household income is distributed in
Murray, KY
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Murray, KY
compared to median property taxes around the country. The prevalent amount of property taxes in
Murray, KY
equals
$800-$1,500
, which is
less
than the national average.