531 Cedar Creek Road, Pikeville, KY 41501

$1,050,000
Property Type: Residential Income Bedrooms: 20 Baths: 32 Square Footage: 15,216 Lot Size (sq. ft.): 100,188 Status: Closed
Current Price: $1,050,000 List Date: 2/08/2019 Last Modified: 8/26/2025

Overview

Description

INVESTORS DREAM!! 531 Cedar Creek Rd. (12 townhouses). Less than 5 minutes from Pikeville Hospital , University of Pikeville and downtown; these townhouse are a PERFECT location for tenants. Most tenants consist of Graduate Students, Doctors, Professors, and young professionals. VERY LOW vacancy rate . Not to mention these townhouses are in the beautiful Cedar Creek neighborhood. Add these amazing townhouses to your portfolio today!

Listing Details MLS# 1902618

Status Change Information

Price Change Timestamp
2019-07-23T17:18:23Z
Status Change Timestamp
2019-07-23
Purchase Contract Date
2019-05-28
Close Date
2019-07-22
Close Price
1050000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Pike
Street Number
531
Street Name
Cedar Creek
Street Suffix
Road
State
KY
Zip Code
41501
Directions
US 23 onto Hambley Blvd. , Hambley Blvd turns into Cedar Creek Rd. Townhouses will be on the left
Parcel Number
.01

Contract

Original List Price
1200000
Start Showing Date
2019-02-08
Listing Contract Date
2019-02-08
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
521739.13
List Price/SqFt
78.86
Sold Price/Acre
456521.74
Sold Price/SqFt
69.01
SP/LP
0.88

Tax Legal

MLS Area Major
097 - Pike County
Subdivision Name
Downtown
High School District
Pike County - 97

Interior

Bedrooms Total
20
Bathrooms Total
32
Bathrooms Full
20
Bathrooms Half
12
Living Area
15216

Parking Information

Parking Total
35

More Information

Building

Year Built
1998

Lot

Lot Size Acres
2.3
Lot Size Square Feet
100188.09

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
INVESTORS DREAM!! 531 Cedar Creek Rd. (12 townhouses). Less than 5 minutes from Pikeville Hospital , University of Pikeville and downtown; these townhouse are a PERFECT location for tenants. Most tenants consist of Graduate Students, Doctors, Professors, and young professionals. VERY LOW vacancy rate . Not to mention these townhouses are in the beautiful Cedar Creek neighborhood. Add these amazing townhouses to your portfolio today!

Income and Expenses

Gross Scheduled Income
10150

Showing Information

Showing Instructions
Need 48 hours notice. Property manager will let you in units.

Tax & Legal

Elementary School
Pike Co
Middle Or Junior School
Pike Co
High School
Pike Co
Zoning Description
R-3

Association/Community

Number Of Buildings
1
Number Of Units Total
12

Cooling

Electric
Yes

Heating

Electric
Yes
Heat Pump
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Roof

Composition
Yes
Shingle
Yes

Special Listing Conditions

Standard
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Cooling: Electric Heating: Electric; Heat Pump Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Composition; Shingle Special Listing Conditions: Standard
Listing Office: The Brokerage
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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