Solid income-producing opportunity in Corbin, Kentucky featuring a 6-unit multifamily apartment building, with each unit offering 1 bedroom and 1 bathroom. This 2,700-square-foot property is currently 100% leased, generating a dependable gross monthly rental income of $3,755.75, making it an ideal turnkey investment for immediate cash flow. With consistent occupancy, this asset provides both stability and long-term growth potential in a market with steady rental demand.
Looking for an investment that will pay off every month? Take a look at this apartment rental complex consisting of six one bedroom units. All units are rented and income producing. Located conveniently near downtown Corbin and the Trademart Shopping Center. $189,000
Public Records
Sep 1, 1995
Sold
$95,000
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,112 (+5.9%)
2024
$1,050 (+32.3%)
2022
$794 (+21.0%)
2021
$656 (+0.8%)
2020
$651 (+1.3%)
2019
$642 (+3.2%)
2018
$622 (+4.8%)
2017
$594 (+4.4%)
2016
$569 (+6.6%)
2014
$534 (+0.3%)
2013
$532
$15,000 + $108,000
$123,000
Public record
Beds
—
Baths
—
Stories
1
Lot width
80 ft.
Lot depth
130 ft.
Lot size
10,019 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,700
Year built
1977
Style
Multi-Family (5+ Unit)
County
Knox County
APN
2040
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 100° expected this year, 20 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Corbin, KY • 40701
Average low and high temperatures (°F)
41
24
52
31
67
43
74
52
75
56
84
65
87
70
83
64
79
59
71
48
60
41
50
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 823 Engineer St
$377,257
$12K under list price of $389K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $52K to $259K.