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Sold for $300,000 on 10/29/24
  • $300,000

    4950 Highway 1009 S, Monticello, KY 42633

    --beds
    12,160sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $306,000 Zestimate®
    $25/sqft
    $1,071 Estimated rent

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    $1,071/mo

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    $1,694/mo

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    $1,694/mo

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    What's special

    Drastic Reduction !! Unbelievable Buy at this New Price! Be sure to check out this unique opportunity in this very appealing property. Solidly built as an elementary school in the early 1960's, this building has been beautifully renovated into a residential property with 10 separate units, all under one roof. For over 10 years, the current owners have painstakingly converted the property to a showplace you have to see! There are (3) 2-bedroom Apts with 2 car garage, 1 bedroom apt with 2 car garage, and 6 other studio units. 4-units that have additional storage, in addition to tons of attic storage. All units have a doorway to the outside, along with an interior hallway that runs the length of the building. There is a common kitchen & dining area along with several storage bays. Most of the furnishings and appliances stay. Outside is a storage building and barn, all on an 8-acre tract. The owners are in the process of installing an electric vehicle charging station. The mountain views are incredible! Think of possibilities here; a bed & breakfast, a 10-unit apartment or condo building, a rehabilitation center, or a place to house your whole extended family and friends.

    Zillow last checked: 8 hours ago

    Listing updated: August 28, 2025 at 11:45pm

    Listed by:

    J Gary Dick 606-307-5677,

    Access Realty & Auction

    Bought with:

    H Allen Clark, 207103

    Access Realty & Auction

    Source: Imagine MLS,MLS#: 23018025MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Electric, Zoned
    Cooling
    • Electric, Zoned
    Interior area
    • Total structure area: 12,160
    • Total interior livable area: 12,160 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Gravel, Open
    • Has uncovered spaces: Yes
    Lot
    • Size: 8 Acres
    Details
    • Parcel number: 0180000052.00
    • Zoning description: 0
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Utilities for property: Electricity Connected, Water Connected, Propane Connected

    Community & neighborhood

    Location
    • Region: Monticello
    • Subdivision: Rural