# 4738 Camargo Levee Road, Mount Sterling, KY 40353 > **TL;DR:** 9bd/9ba multi-family, $369,000 ($62/sqft), 6,000 sqft. > A/C. Est. $1,974/mo. Listed 79 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $369,000 | | Price/sqft | $62 | | Bedrooms | 9 | | Bathrooms | 9 full | | Square Feet | 6,000 | | Lot Size | 28,750 sqft (0.66 acres) | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 79 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,866 | | Estimated Insurance | $108 | | **Total** | **$1,974** | ## Nearby Schools - **Elementary:** Camargo - **Middle:** McNabb - **High:** Montgomery Co ## Key Amenities - A/C ## Property Highlights - 0.66 acre lot ## Description ### Agent Description Opportunity knocks just minutes from downtown Mt. Sterling with this compelling 9-unit multifamily investment in the quiet Camargo community. This income-producing property offers immediate returns with 6 units currently leased, 2 rent-ready, and 1 unit ready for renovation, providing both stability and upside from day one. Spread across two buildings, the property has seen significant recent improvements, including 8 units updated or repaired within the past two years, new HVAC systems, and a recently installed metal roof on the 4-unit building. The larger building features 5 existing units plus a framed 6th unit with rough plumbing and electric already in place--ideal for increasing door count with minimal additional investment. Beyond the existing units, the property offers exceptional expansion potential: 32' x 40' shop with 12' ceilings and work pit--perfect for additional rental income, storage leases, or conversion to 2-3 more units RV pad with electric and plumbing, with space to add a second pad Infrastructure in place for scalability with 12 individual water meters onsite (currently operating on 2 meters), allowing for future tenant-paid utilities and improved expense control Positioned in a peaceful rural setting while remaining accessible to key demand drivers--just 46 minutes to Lexington and within reach of Morehead State University and Transylvania University--this property offers the ideal blend of current income, operational improvements, and long-term growth potential. Whether you're expanding your portfolio or entering the multifamily space, this is a rare value-add opportunity with multiple revenue streams already in motion. ## Location - **Address:** 4738 Camargo Levee Road, Mount Sterling, KY 40353 - **County:** Montgomery - **Neighborhood:** Camargo Heights - **Coordinates:** 37.991425, -83.885061 - **Google Maps:** https://www.google.com/maps?q=37.991425,-83.885061 ## Listing Agent - **Name:** Melia Realty Group - Melia Hord - **Brokerage:** MELIA Realty LLC - **Broker Phone:** 8594901101 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4738-Camargo-Levee-Rd_Mt-Sterling_KY_40353_M95326-76700?f=listhub&s=LBARKY&m=26022136&c=propsimple) ## Photos ![4738 Camargo Levee Road - Photo 1](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f696407843r.jpg) ![4738 Camargo Levee Road - Photo 2](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3836342538r.jpg) ![4738 Camargo Levee Road - Photo 3](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2348826569r.jpg) ![4738 Camargo Levee Road - Photo 4](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f931242058r.jpg) ![4738 Camargo Levee Road - Photo 5](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f773544329r.jpg) ![4738 Camargo Levee Road - Photo 6](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2787189362r.jpg) ![4738 Camargo Levee Road - Photo 7](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2073262295r.jpg) ![4738 Camargo Levee Road - Photo 8](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3333397057r.jpg) ![4738 Camargo Levee Road - Photo 9](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2374949578r.jpg) ![4738 Camargo Levee Road - Photo 10](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3884016945r.jpg) ![4738 Camargo Levee Road - Photo 11](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2888854017r.jpg) ![4738 Camargo Levee Road - Photo 12](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f539965770r.jpg) ![4738 Camargo Levee Road - Photo 13](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2020468619r.jpg) ![4738 Camargo Levee Road - Photo 14](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f33130201r.jpg) ![4738 Camargo Levee Road - Photo 15](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f1447708560r.jpg) ![4738 Camargo Levee Road - Photo 16](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f399946993r.jpg) ![4738 Camargo Levee Road - Photo 17](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f775397865r.jpg) ![4738 Camargo Levee Road - Photo 18](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2729108326r.jpg) ![4738 Camargo Levee Road - Photo 19](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3426549807r.jpg) ![4738 Camargo Levee Road - Photo 20](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3937316495r.jpg) ![4738 Camargo Levee Road - Photo 21](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2469836160r.jpg) ![4738 Camargo Levee Road - Photo 22](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3710460191r.jpg) ![4738 Camargo Levee Road - Photo 23](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f4003319845r.jpg) ![4738 Camargo Levee Road - Photo 24](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3169851910r.jpg) ![4738 Camargo Levee Road - Photo 25](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f1793916375r.jpg) ![4738 Camargo Levee Road - Photo 26](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f150934661r.jpg) ![4738 Camargo Levee Road - Photo 27](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f4167716835r.jpg) ![4738 Camargo Levee Road - Photo 28](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f1619645362r.jpg) ![4738 Camargo Levee Road - Photo 29](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f785421708r.jpg) ![4738 Camargo Levee Road - Photo 30](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f78828809r.jpg) ![4738 Camargo Levee Road - Photo 31](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f2097307272r.jpg) ![4738 Camargo Levee Road - Photo 32](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3866099766r.jpg) ![4738 Camargo Levee Road - Photo 33](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f1478815429r.jpg) ![4738 Camargo Levee Road - Photo 34](http://lh.rdcpix.com/8486ca7da802bbfd2ff24cd457484611l-f3386229035r.jpg) --- **MLS#:** 26022136 | **Updated:** 2026-10-31 **Source:** listhub *Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/4738-camargo-levee-road-mount-sterling-ky-40353-800c7d0d53c14c3ea1ea4783b3bc1855) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/4738-camargo-levee-road-mount-sterling-ky-40353-800c7d0d53c14c3ea1ea4783b3bc1855#listing", "url": "https://staging.propertysimple.ai/listing/4738-camargo-levee-road-mount-sterling-ky-40353-800c7d0d53c14c3ea1ea4783b3bc1855", "name": "4738 Camargo Levee Road, Mount Sterling, KY 40353", "description": "Opportunity knocks just minutes from downtown Mt. Sterling with this compelling 9-unit multifamily investment in the quiet Camargo community. 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Beyond the existing units, the property offers exceptional expansion potential: 32' x 40' shop with 12' ceilings and work pit--perfect for additional rental income, storage leases, or conversion to 2-3 more units RV pad with electric and plumbing, with space to add a second pad Infrastructure in place for scalability with 12 individual water meters onsite (currently operating on 2 meters), allowing for future tenant-paid utilities and improved expense control Positioned in a peaceful rural setting while remaining accessible to key demand drivers--just 46 minutes to Lexington and within reach of Morehead State University and Transylvania University--this property offers the ideal blend of current income, operational improvements, and long-term growth potential. 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