Property
$530,0000.66 Acres9 beds • 9 baths • 6,000 sq ft
For Sale
For Sale
$530,0000.66 Acres
For Sale
9 beds • 9 baths • 6,000 sq ft

4738 Camargo Levee Road, Mt Sterling, KY 40353 - Montgomery County

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Property ID 25058371

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APARTMENT - Mt Sterling, KY

Multi-Family Investment Opportunity - 9 Units + Expansion Potential in Camargo, KY Excellent income-producing property featuring 9 rentable units across two buildings, with 6 units currently leased, 2 ready for new tenants, and 1 awaiting renovation. Recent updates include 8 units repaired or flipped within the last two years, new HVAC systems, and a new metal roof (installed within 3 months) on the smaller 4-unit building. The larger building offers 5 existing units plus a framed-out 6th unit with rough plumbing and electric in place. Additional opportunities include a spacious A 32' x 40' shop with 12' ceilings and a work pit garage that could be leased for storage or converted into 2-3 more rental units, and a plumbed RV pad with electric-plus space for a second pad once utilities are extended. The property is currently served by 2 water meters, with 12 new individual meters onsite ready for installation to increase efficiency and reduce costs. This well-maintained complex in peaceful Camargo offers both immediate cash flow and substantial upside potential-perfect for investors seeking value-add opportunities in a rural market. Located outside of downtown Mt Sterling and within 46 minutes/36 miles from downtown Lexington. It is approximately 40 minutes to Morehead State University and Transylvania University.

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Keller Williams Legacy Group

Richmond, KY

(859) 449-4400
Listing provided by
MELIA Realty Group - Melia Hord
Keller Williams Legacy Group(859) 582-5977
Source: ListHub, MLS# 25502951
Listing status: Active
Listing last updated: November 13, 2025 at 2:42 AM
Listing last checked: December 11, 2025 at 3:30 PM
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MELIA Realty Group - Melia Hord

Keller Williams Legacy Group
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MELIA Realty Group - Melia Hord

Keller Williams Legacy Group