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.
Residential Income property for sale in Mt Sterling, KY at 4738 Camargo Levee Road. This 9 bedroom Residential Income property is priced at $88/sqft
Facts & 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 of 4738 Camargo Levee Road
| Address | 4738 Camargo Levee Road |
|---|---|
| Area | 018 - Montgomery County |
| Subdivision | Camargo Heights |
| City | Mt Sterling |
| County | Montgomery |
| State | KY |
| Zip Code | 40353 |
Amenities of 4738 Camargo Levee Road
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|---|
| Parking | On Site, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior of 4738 Camargo Levee Road
| Heating | Electric, Forced Air, Heat Pump, Other |
|---|---|
| Cooling | Ductless, Electric, Other |
| Fireplace | No |
| # of Stories | 1 |
| Master On Main floor | No |
Exterior of 4738 Camargo Levee Road
| Roof | Metal |
|---|
School Information On 4738 Camargo Levee Road
| District | Montgomery County - 18 |
|---|---|
| Elementary | Camargo |
| Middle | McNabb |
| High | Montgomery Co |
Additional Information On 4738 Camargo Levee Road
| Date Listed | October 4th, 2025 |
|---|---|
| Zoning | Commerical |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details On 4738 Camargo Levee Road
| Office | Keller Williams Bluegrass Realty |
|---|