Loan Price
$1,550
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$275,000 ↓$19,900on 9/25/2024
9425 Brown Ridge Road Morehead, KY 40351
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Property Description for 9425 Brown Ridge Road Morehead, KY 40351
This versatile property offers a fantastic house hack opportunity. Live in one unit and rent out the others to generate a steady income. The top floor features three apartment units: a spacious 3-bedroom, 2-bathroom apartment, perfect for owner-occupancy, and two cozy 1-bedroom, 1-bathroom apartments.
The ground floor includes approximately 2,784 square feet of flexible space, ready to be developed to suit your needs—whether for retail, storage, or additional apartment units.
Adding to the property's value are a large barn and an additional storage building, providing ample storage or potential for further development.
This property combines residential rental income with the potential for significant expansion, making it a prime investment opportunity and a smart way to maximize your living situation.
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Address:9425 Brown Ridge Road Morehead KY 40351
Status:Active
on site: 112 days
Price:$275,000
Bathrooms:0
Year Built:1984
Lot Size:1.82
County: Rowan
School System : Rowan County - 61
MLS #:24015896
Property Type:Single Family Residence
Lot Dimensions:79279
Water Source:Public
Directions:From Morehead turn onto Christy Creek Road. Travel 9.3 miles and the property is located at the corner of 173 and 32.
Abv. Grnd. Sq. Ft. :2,784
| Date | Old Price | New Price | Percent Change |
| 09/25/24 | $294,900 | $275,000 | -6.7% |
Mandatory HOA Fee:$
School System:Rowan County - 61
High School:Rowan Co
Middle School:Rowan Co
Elementary School:Rodburn
Exterior Type:Wood Siding
Heat:Other
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Listing provided courtesy of Ethan Blair and Randy Newsome with United Real Estate Bluegrass
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Morehead, KY Market Report
87
Avg. DOM
$128.52
Avg. $ / Sq.Ft.
$ 269,900
Med. List Price
The house prices in Morehead are indeed dropping at the moment. There has been a decrease in price of $58,334.61. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Morehead are going Down. The average house price is $241,000.00 and the average price per square feet is $128.52 per square feet. At the moment, the amount of homes listed is exactly 324 houses, with 39 with active status, 19 with pending status and 266 sold in Morehead .
The most popular place to buy a home in Morehead is 061 - Rowan County. 061 - Rowan County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Morehead .
The average amount of property taxes you would have to pay for a home in Morehead is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Morehead are staying listed for an average of 79 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Morehead was 5159 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Morehead is $1,700,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Morehead is $95,400.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Morehead in year 1950 and the newest built house is in year 9999.
The average size of properties in Morehead is 53.85 sq.ft. , the biggest one being 2100 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.
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Morehead Neighborhoods
- Rowan County, KY
- morehead
- Cave Run Lake
- Crestview Est
- Dogwood Est
- Downtown
- Eagle Trace
- Edgewood Est
- Ellington Est
- Farmers
- Forest Hills
- Greenfield Est
- Hemlock View Ac
- Hickory Point
- Hidden Valley
- Holiday Est
- Lakes At Hickory Pt
- Lakeview Hgts
- Meadowwood
- Morehead Est
- Oakdale
- Park Hills
- Pine Hills
- Pleasant Valley
- Rodburn Est
- West Morehead