About 4738 Camargo Levee Road
Multi-Family Investment Opportunity - 9 Units + Expansion Potential in Camargo, KY Excellent income-producing property featuring 9 rentable units across two buildings, with 6 units currently leased, 2 ready for new tenants, and 1 awaiting renovation. Recent updates include 8 units repaired or flipped within the last two years, new HVAC systems, and a new metal roof (installed within 3 months) on the smaller 4-unit building. The larger building offers 5 existing units plus a framed-out 6th unit with rough plumbing and electric in place. Additional opportunities include a spacious A 32' x 40' shop with 12' ceilings and a work pit garage that could be leased for storage or converted into 2-3 more rental units, and a plumbed RV pad with electric—plus space for a second pad once utilities are extended. The property is currently served by 2 water meters, with 12 new individual meters onsite ready for installation to increase efficiency and reduce costs. This well-maintained complex in peaceful Camargo offers both immediate cash flow and substantial upside potential—perfect for investors seeking value-add opportunities in a rural market. Located outside of downtown Mt Sterling and within 46 minutes/36 miles from downtown Lexington. It is approximately 40 minutes to Morehead State University and Transylvania University.
Features of 4738 Camargo Levee Road
| MLS® # | 25502951 |
|---|---|
| Price | $530,000 |
| Bedrooms | 9 |
| Bathrooms | 9.00 |
| Full Baths | 9 |
| Square Footage | 6,000 |
| Acres | 0.66 |
| Year Built | 9999 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 4738 Camargo Levee Road |
|---|---|
| Area | 018 - Montgomery County |
| Subdivision | Camargo Heights |
| City | Mt Sterling |
| County | Montgomery |
| State | KY |
| Zip Code | 40353 |
Amenities
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|---|
| Parking | On Site, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Forced Air, Heat Pump, Other |
|---|---|
| Cooling | Ductless, Electric, Other |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Metal |
|---|
School Information
| District | Montgomery County - 18 |
|---|---|
| Elementary | Camargo |
| Middle | McNabb |
| High | Montgomery Co |
Additional Information
| Date Listed | October 4th, 2025 |
|---|---|
| Zoning | Commerical |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Bluegrass Realty |
|---|