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1801 Ridgewood Dr - Ridgewood Drive Murray 1,750 SF Specialty Building Offered at $245,000 at a 8.31% Cap Rate in Murray, KY 42071



Investment Highlights
- Fenced in back yard
- Brand new fence and roof
Executive Summary
Property has a new roof and fence !
Brokerage pending update from Costar
**Correct brokerage: Distinctive Living of Murray, LLC, Broker - Danielle Tompkins**
MLS# 130850
Brokerage pending update from Costar
**Correct brokerage: Distinctive Living of Murray, LLC, Broker - Danielle Tompkins**
MLS# 130850
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $245,000 | Property Subtype | Residential Income |
| Price Per SF | $140 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 8.31% | Building Size | 1,750 SF |
| Sale Condition | Deferred Maintenance | No. Stories | 1 |
| Gross Rent Multiplier | 11.2 | Year Built/Renovated | 1960/2017 |
| Property Type | Specialty | ||
| Zoning | Mult-family/County | ||
| Price | $245,000 |
| Price Per SF | $140 |
| Sale Type | Investment |
| Cap Rate | 8.31% |
| Sale Condition | Deferred Maintenance |
| Gross Rent Multiplier | 11.2 |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 1,750 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2017 |
| Zoning | Mult-family/County |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 042-K-0007-00022 | Total Assessment | $200,000 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
042-K-0007-00022
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$200,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Contact the Sale Advisor
1801 Ridgewood Dr - Ridgewood Drive Murray
