5528 Ky Rt 114, Prestonsburg, KY 41653 (MLS# 25503216)

5528 Ky Rt 114, Prestonsburg, KY 41653

$1,300,000

Property Type: Residential Income Bedrooms: 2 Baths: 1 Square Footage: 27,186 Lot Size (sq. ft.): 78,408 Status: Closed

Current Price: $1,300,000 List Date: 10/08/2025 Last Modified: 3/30/2026

Overview

Description

Investment opportunity! This property includes 8-1 bedroom 1 bath apartments and 24-2 bedroom 1 bathroom apartments, a laundry mat, playground, social area and offices.

Listing Details MLS# 25503216

Listing Information

Comp Sale YN: No
Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2026-02-27
Purchase Contract Date: 2025-12-22
Close Date: 2026-02-27
Close Price: 1300000
Buyer Financing: Conventional
Sale Type: Arms Length Sale

Address

County: Floyd
Street Number: 5528
Street Name: Ky Rt 114
State: KY
Zip Code: 41653
Directions: Take RT 114 2 miles to Park Place Apartments on left.

Contract

Original List Price: 1885650
Start Showing Date: 2025-10-08
Listing Contract Date: 2025-10-06
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 1047583.33
List Price/SqFt: 69.36
Sold Price/Acre: 722222.22
Sold Price/SqFt: 47.82
SP/LP: 0.69

Tax Legal

MLS Area Major: 083 - Floyd County
Subdivision Name: Rural
High School District: Floyd County - 83

Interior

Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Living Area: 27186
Bathrooms Half: 0

More Information

Building

Year Built: 1997
Stories Total: 2
Accessibility Features YN: Yes

Lot

Lot Size Acres: 1.8
Lot Size Square Feet: 78408

Utilities

Cooling YN: Yes
Heating YN: Yes

Remarks

Public Remarks: Investment opportunity! This property includes 8-1 bedroom 1 bath apartments and 24-2 bedroom 1 bathroom apartments, a laundry mat, playground, social area and offices.

Showing Information

Showing Instructions: 48 hour notice

Tax & Legal

High School: Prestonsburg

Association/Community

Number Of Units In Community: 6
Number Of Units Total: 32

Cooling

Electric: Yes

Heating

Electric: Yes

Laundry Features

Common Area: Yes
Lower Level: Yes
Main Level: Yes

Parking Features

On Site: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Shingle: Yes

Structure Type

Multi Family: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
No Sign: Yes

Property Features

Cooling: Electric Heating: Electric Laundry Features: Common Area; Lower Level; Main Level Parking Features: On Site; Paved Possession: Close Of Escrow Roof: Shingle Structure Type: Multi Family Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; No Sign

Listing Office: Blu Horizon Real Estate

Last Updated: March - 30 - 2026

Information deemed reliable but not guaranteed.