Murray Homes under $250,000

Murray Homes under $250,000

Welcome to Murray, Kentucky – a charming city nestled in the heart of Calloway County, where southern hospitality meets vibrant community spirit. Known for its picturesque landscapes and friendly atmosphere, Murray offers a unique blend of small-town charm and modern conveniences. With a population of just over 18,000 residents, this delightful city is the perfect place for families, retirees, and everyone in between.

Murray is home to a variety of recreational activities, including beautiful parks, serene lakes, and scenic walking trails that invite you to explore the great outdoors. The city also boasts a rich cultural scene, featuring local events, art galleries, and the renowned Murray State University, which brings an energetic vibe to the community. With a thriving downtown area filled with boutique shops, delightful eateries, and cozy cafés, there’s always something to see and do.

For those seeking affordable housing options, Murray is an excellent choice. The real estate market offers a range of homes under $250,000, making it accessible for first-time buyers and those looking to downsize. From charming single-family homes with spacious yards to modern townhouses, there’s something for everyone. With the cost of living significantly lower than the national average, you can find your dream home without breaking the bank.

Discover the charm of Murray, KY, where you can enjoy a fulfilling lifestyle, a strong sense of community, and the perfect home to create lasting memories. Let us help you find your ideal property in this delightful city!

Newest Murray Homes under $250,000

1306 Story Ave, Murray
$184,900
3 Beds ⋅ 1 Baths ⋅ 26027069 MLS
Located in Murray close to literally everything, this 1260 square foot, 3-bed brick home has been remodeled and updated for the next owner -- new windows in 2022, new roof in 2020, new HVAC in 2020 (under parts warranty until 2028), and new water heater in 2025 (under warranty until 2029). Great investment rental as well.

1306 Story Ave, Murray
1795 Rob Mason Rd, Murray
$85,000
2 Beds ⋅ 1 Baths ⋅ 26026826 MLS
Investor and fixer-upper opportunity just a few miles outside of Murray, KY! PRICED TO SELL! This 2-bedroom, 1-bath home sits on approximately 2.25 acres and is ready for someone with a vision to bring it back to life. With 1,209sqft. finished on the main level, and an additional approx. 600sqft unfinished upstairs. Being sold in AS-IS condition and will require significant TLC and renovation. Also included is a single-wide mobile home on the property; the mobile home does not have a title. Cash or conventional loan buyers likely will be the only candidates! Whether you're an investor looking for your next project, a buyer searching for a rural fixer-upper, or a builder looking for a potential homesite, this property offers plenty of possibilities. The acreage could potentially accommodate a new build or multiple residential structures, subject to approvals. Priced to sell and ready for a quick sale—bring your vision and make this property your next project!

1795 Rob Mason Rd, Murray
400 S 6th St, Murray
$150,000
2 Beds ⋅ 2 Baths ⋅ 26026582 MLS
Investment opportunity in a convenient Murray location near the hospital, schools, shopping, and dining. This brick duplex features two separate 1-bedroom, 1-bath units, each with its own private entrance. Appliances are included, and mini-split systems provide heating and cooling in each unit. Electric and water are separately metered, making management simple for an investor or owner-occupant. Laundry is located in the basement. A great opportunity to add a low-maintenance income-producing property to your portfolio.

400 S 6th St, Murray
301 N 7th St, Murray
$150,000
2 Beds ⋅ 2 Baths ⋅ 26026584 MLS
Duplex located on the corner of North 7th Street and Olive Street, offering a great opportunity for an investor or owner-occupant. Each unit includes 1 bedroom and 1 bathroom, along with its own private laundry area. Unit B features a studio-style living and bedroom layout, creating an efficient use of space. The property also offers a large yard and off-street parking, adding convenience for tenants and flexibility for future use. With two separate units and a convenient location, this property offers solid rental and income-producing potential.

301 N 7th St, Murray
637 N 4th St, Murray
$214,900
3 Beds ⋅ 2 Baths ⋅ 26026214 MLS
A Murray charmer with nearly 2 acres to enjoy! This 1.5-story home offers 3 bedrooms, 2 full bathrooms, and two separate living areas. The main level features two bedrooms, both full bathrooms, and a large den offering additional living space. Upstairs, you'll find a spacious lofted living area that leads into the third bedroom. The unfinished basement is accessible from both inside and outside and provides plenty of additional storage. You'll love that it is conveniently located to downtown Murray, Murray State University, shopping, dining, and more. This home is move-in ready and waiting for its next owner - come see it today!

637 N 4th St, Murray
93 Clayton Dr, Murray
$164,900
4 Beds ⋅ 2 Baths ⋅ 26025949 MLS
Large home that need refurbishing sitting on approx. 5.5 acres in a great location. Lot's of possibilities for the handy person and room for a horse! Per the sellers, the septic system has been pumped out and is working satisfactory

93 Clayton Dr, Murray
65 Persimmon Dr, Murray
$215,000
3 Beds ⋅ 2 Baths ⋅ 26025882 MLS
Situated on a spacious corner lot just approximately 2.5 miles from the city limits, this brick home offers 3 bedrooms, 2 bathrooms, and plenty of room to make it your own. The property includes two lots totaling approximately 1 acre, two driveways, a 2 car attached garage, and an additional carport awning. Inside, you'll find a formal living and dining area, a spacious den with a fireplace, and a sunroom overlooking the property. The walkout basement features a large great room and opens to a patio, providing additional space for relaxing or entertaining. A covered front porch and deck offer even more places to enjoy the outdoors. While the home is ready for updates, it offers a spacious layout, multiple living areas, and plenty of potential.

65 Persimmon Dr, Murray
59 Pope Dr, Murray
$175,000
3 Beds ⋅ 1 Baths ⋅ 26025762 MLS
Approximately 1.3 acres spanning 6 lots on Kentucky Lake at Lakewood Shores! Enjoy beautiful lake views and plenty of space to make this property your own. This home offers nicely sized bedrooms, two separate living areas, a convenient utility room, and a spacious garage with great storage space beyond. A welcoming front seating area provides the perfect spot to relax and take in the water and surrounding landscape. Step out back to the covered porch and enjoy peaceful backyard views as well. With a generous lot package, scenic surroundings, ample storage, and a versatile layout, this property is ready for you to update and upgrade to fit your vision and lifestyle. Bring your ideas and make this Kentucky Lake property your own!

59 Pope Dr, Murray
503 S 9th St, Murray
$175,000
2 Beds ⋅ 1 Baths ⋅ 26025392 MLS
This is the opportunity you've been waiting for! Rarely does a home come along that offers this combination of modern updates, convenience, and value, making it an especially appealing option for first-time buyers, those looking to enter the market, or anyone seeking a comfortable home in a fantastic location. Located in the Murray Independent School District, this recently updated 2-bedroom, 1-bath home is just blocks from the hospital and downtown and only minutes from Murray State University. Enjoy the convenience of having shopping, dining, entertainment, and everyday essentials close by while still having your own private space to relax and unwind. Inside, you'll find a fresh, modern feel with numerous updates designed to make everyday living easier. Features include vinyl windows, multiple ductless heating and cooling units, new cabinetry and countertops, and luxury vinyl plank flooring throughout. The addition in the rear of the home offers provides generous laundry and storage space along with a spacious walk-in closet — a feature that's sure to be appreciated in a home of this size. Step outside and you'll find a large, completely fenced backyard on a level lot, offering plenty of room for pets, gardening, entertaining, or simply enjoying your own outdoor retreat. Exterior electrical outlets have been added to both the front and back porches, making it easy to create inviting outdoor living spaces. Custom landscaping adds curb appeal and gives the property a polished, welcoming feel. The detached garage provides protected parking plus additional storage! With its desirable location and extensive updates, this home offers an excellent chance to stop renting and start building equity. If you've been waiting for an affordable home that doesn't require a long list of projects, this one deserves a look!

503 S 9th St, Murray
38 Wood Lake Dr, Murray
$80,000
2 Beds ⋅ 2 Baths ⋅ 26024002 MLS
Welcome to this remodeled 2-bedroom, 2-bath manufactured home offering an updated interior and a convenient lake-area location. LVT flooring throughout provides a clean, cohesive look and easy maintenance. The home features a functional floor plan with two bedrooms and two full baths, along with front and back porches that provide additional outdoor space. A detached garage and workshop offer plenty of room for vehicles, lake gear, tools, storage, or projects. Located near area boat ramps and marinas, this property provides convenient access to boating, fishing, and other lake activities. Whether you're looking for a full-time residence, weekend getaway, or lake-area property, this home offers a combination of updated living space, useful outbuildings, and proximity to the water. Buyer to verify square footage, lot size, schools, and all pertinent information.

38 Wood Lake Dr, Murray
1304 Peggy Ann Dr, Murray
$210,000
4 Beds ⋅ 2 Baths ⋅ 26023823 MLS
Investment opportunity just south of Murray! Located at 1304 Peggy Ann Drive, this all-brick duplex offers a great opportunity to add an income-producing property to your real estate portfolio. The property features 1,425 square feet under roof, with each unit offering two bedrooms and one full bathroom. Currently 100% occupied, this duplex provides immediate rental income for the next owner. Conveniently located just off Highway 641 with easy access to Murray, local employers, shopping and amenities. Whether you're an experienced investor looking to expand your portfolio or ready to make your first investment in rental property, this fully occupied duplex is one to consider! *24 Hour Notice Required for ALL Showings.

1304 Peggy Ann Dr, Murray
1003 Northwood Dr, Murray
$205,000
4 Beds ⋅ 2 Baths ⋅ 26023795 MLS
Investment opportunity in Murray! This well-maintained duplex at 1003 Northwood Drive offers a total of 1,792 square feet with two bedrooms and one full bathroom in each unit. Located north of Murray with R-4 Multi-Family zoning, the property is currently 100% occupied with leases in place through June 30, 2027. Providing immediate rental income for the next owner. Major improvements include a roof replacement in 2022, and each unit is equipped with its own central HVAC system. All-electric utilities are provided through West Kentucky Rural Electric, with city water, sewer and trash service through Murray Municipal Utilities. Conveniently located near Murray State University, this property is a great addition to an investment portfolio with continued potential for student, faculty or local rental demand. Whether you're an experienced investor or looking to get started with income-producing real estate, this duplex is one to consider! *24 Hour Notice Required for ALL Showings

1003 Northwood Dr, Murray
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