Real Estate Investment Properties for Sale in Morehead, KY

Looking for investment property in Morehead, KY with high ROI ?

Explore a variety of short-term homes & houses in Morehead, KY. Invest wisely with VRBO & Morehead, KY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Morehead, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
131 Bartlett Drive Morehead, KY 100% occupied and a must-see for investors, this income-producing triplex is located withi...	6 beds \| 5 baths \| 2,640 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $3655 Airbnb ROI: N/A Traditional ROI: 9.6%
460 Pleasant Valley Road Morehead, KY Charming, fully updated ranch-style home featuring 3 bedrooms, 1.5 baths, and a spacious d...	3 beds \| 2 baths \| 1,352 sq.ft.	$180,000	Airbnb cash on cash: 5.13% Traditional cash on cash: 7.23% Airbnb Rental Income: $1774 Traditional Rental Income: $1649 Airbnb ROI: 5.13% Traditional ROI: 7.23%
166 Stellar Night Drive Morehead, KY Welcome to this beautifully maintained 3-bedroom, 2-bath wood-sided ranch tucked into the ...	3 beds \| 2 baths \| 1,290 sq.ft.	$218,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 5.43% Airbnb Rental Income: $1774 Traditional Rental Income: $1596 Airbnb ROI: 3.94% Traditional ROI: 5.43%
1325 Weaver Ridge Road Morehead, KY Welcome to your peaceful retreat in Eastern Kentucky! perfect blend of comfort, space, and...	4 beds \| 2 baths \| 2,488 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.71% Airbnb Rental Income: $null Traditional Rental Income: $2351 Airbnb ROI: N/A Traditional ROI: 7.71%
10770 Brown Ridge Road Morehead, KY Perched on a scenic ridge in a peaceful country setting, this beautifully updated 3-bedroo...	3 beds \| 1 baths \| 1,110 sq.ft.	$155,000	Airbnb cash on cash: 6.22% Traditional cash on cash: 7.05% Airbnb Rental Income: $1774 Traditional Rental Income: $1412 Airbnb ROI: 6.22% Traditional ROI: 7.05%
703 Knapp Avenue Morehead, KY Rocking Chair front porch is the perfect place for the morning coffee or the afternoon lem...	3 beds \| 3 baths \| 2,004 sq.ft.	$255,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 6.7% Airbnb Rental Income: $1774 Traditional Rental Income: $2152 Airbnb ROI: 3.12% Traditional ROI: 6.7%
5552 BIG PERRY ROAD Morehead, KY Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 2 baths \| 2,975 sq.ft.	$187,000	Airbnb cash on cash: 4.88% Traditional cash on cash: 9.85% Airbnb Rental Income: $1774 Traditional Rental Income: $2173 Airbnb ROI: 4.88% Traditional ROI: 9.85%
80 Jackson Drive Morehead, KY Welcome to 80 Jackson Drive, a beautifully updated and versatile home ready to meet all yo...	4 beds \| 3 baths \| 2,640 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $1924 Airbnb ROI: N/A Traditional ROI: 4.05%
819 Fraley Drive Morehead, KY Fully renovated and move-in ready, this exceptionally maintained property offers a 3 bedro...	4 beds \| 3 baths \| 3,541 sq.ft.	$452,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $2564 Airbnb ROI: N/A Traditional ROI: 4.53%
667 Whitaker Street Morehead, KY Everyone is searching for that updated, stylish, move-in ready home and this all-brick ran...	3 beds \| 2 baths \| 1,962 sq.ft.	$249,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 5.66% Airbnb Rental Income: $1774 Traditional Rental Income: $1859 Airbnb ROI: 3.24% Traditional ROI: 5.66%
609 Crestview Lane Morehead, KY Welcome to this exquisite Bedford stone residence, perfectly positioned in the heart of do...	4 beds \| 3 baths \| N/A	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.76% Airbnb Rental Income: $null Traditional Rental Income: $1614 Airbnb ROI: N/A Traditional ROI: 1.76%
345 Eagle Drive Morehead, KY Welcome to the neighborhood of Eagle Trace Golf Course and the only home currently for sal...	3 beds \| 2 baths \| 1,700 sq.ft.	$323,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.73% Airbnb Rental Income: $1774 Traditional Rental Income: $1485 Airbnb ROI: 2.09% Traditional ROI: 2.73%
80 Fox Run Road Morehead, KY An exceptional opportunity awaits in this 2-bedroom, 2-full bath home sits on approximatel...	2 beds \| 2 baths \| 1,050 sq.ft.	$150,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 6.16% Airbnb Rental Income: $807 Traditional Rental Income: $1244 Airbnb ROI: 0.87% Traditional ROI: 6.16%
1667 Jackson Drive Morehead, KY Tucked away on 2.3 private acres in Rowan County, this charming cabin-style home offers a ...	2 beds \| 1 baths \| 952 sq.ft.	$183,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 5.78% Airbnb Rental Income: $807 Traditional Rental Income: $1313 Airbnb ROI: 1.02% Traditional ROI: 5.78%
422 Sunset Drive Morehead, KY Welcome to 422 Sunset Drive. This dreamboat of a home is located in the highly regarded Cr...	4 beds \| 3 baths \| 5,046 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $2849 Airbnb ROI: N/A Traditional ROI: 4.12%
420 Bluebank Road Morehead, KY Owner will Consider and Reasonable Offer!! Excellent location! This beautifully updated 3 ...	3 beds \| 2 baths \| 1,568 sq.ft.	$189,900	Airbnb cash on cash: 5.42% Traditional cash on cash: 8.74% Airbnb Rental Income: $1774 Traditional Rental Income: $1888 Airbnb ROI: 5.42% Traditional ROI: 8.74%
105 Old US Hwy 60 Morehead, KY Step into this 2026 fully remodeled home on Old 60 in Morehead Kentucky! Embrace the beaut...	3 beds \| 2 baths \| 1,350 sq.ft.	$139,900	Airbnb cash on cash: 7.51% Traditional cash on cash: 8.94% Airbnb Rental Income: $1774 Traditional Rental Income: $1482 Airbnb ROI: 7.51% Traditional ROI: 8.94%
135 Mt Hope Road Morehead, KY If you are looking for a cabin getaway, your search ends here! This property can serve as ...	3 beds \| 1 baths \| 1,065 sq.ft.	$152,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 6.05% Airbnb Rental Income: $1774 Traditional Rental Income: $1171 Airbnb ROI: 6.86% Traditional ROI: 6.05%
2850 Lower Licking Road Morehead, KY Welcome to 2850 Lower Licking Road-a rare Morehead property that offers space, versatility...	3 beds \| 2 baths \| 2,100 sq.ft.	$273,500	Airbnb cash on cash: 3.56% Traditional cash on cash: 7.16% Airbnb Rental Income: $1774 Traditional Rental Income: $2218 Airbnb ROI: 3.56% Traditional ROI: 7.16%
1150 Rice Road Morehead, KY Exceedingly rare opportunity to claim a fantastic property settled in an exceptional locat...	4 beds \| 3 baths \| 4,096 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $3349 Airbnb ROI: N/A Traditional ROI: 4.96%
723 Boone Place Morehead, KY Great little starter home. 3 BR 1 BA Brick charmer! Would be great for a starter home, col...	3 beds \| 1 baths \| 960 sq.ft.	$159,500	Airbnb cash on cash: 6.58% Traditional cash on cash: 6.8% Airbnb Rental Income: $1774 Traditional Rental Income: $1322 Airbnb ROI: 6.58% Traditional ROI: 6.8%
1940 Sharkey Road Morehead, KY RRR - Ranch, remodeled and ready. Large, level lot surrounded by farmland that will not be...	3 beds \| 2 baths \| 1,992 sq.ft.	$395,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.27% Airbnb Rental Income: $1774 Traditional Rental Income: $2119 Airbnb ROI: 2.03% Traditional ROI: 4.27%
182 Boardwalk Morehead, KY This manufactured home sits on a permanent foundation and offers 3 bedrooms and 2 bathroom...	3 beds \| 2 baths \| 1,344 sq.ft.	$150,000	Airbnb cash on cash: 6.98% Traditional cash on cash: 9.47% Airbnb Rental Income: $1774 Traditional Rental Income: $1646 Airbnb ROI: 6.98% Traditional ROI: 9.47%
1705 Rice Road Morehead, KY 1705 Rice Road \| Morehead, KY Secluded Modern Barndominium on 1 Acre - Built 2023 If you'v...	3 beds \| 2 baths \| 2,700 sq.ft.	$485,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 3.9% Airbnb Rental Income: $1774 Traditional Rental Income: $2329 Airbnb ROI: 1.61% Traditional ROI: 3.9%
408 S Willow Drive Morehead, KY FIVE BEDROOMS ON ONE LEVEL! Plus two full bathrooms, large family room, living room and di...	5 beds \| 2 baths \| 1,690 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2048 Airbnb ROI: N/A Traditional ROI: 5.07%
410 Poplar Hollow Road Morehead, KY BACK ON FAULT DUE TO NO FAULT OF ITS OWN Welcome to 410 Poplar Hollow! This 3-bedroom,...	3 beds \| 2 baths \| 1,440 sq.ft.	$159,000	Airbnb cash on cash: 6.03% Traditional cash on cash: 10.35% Airbnb Rental Income: $1774 Traditional Rental Income: $1946 Airbnb ROI: 6.03% Traditional ROI: 10.35%
111 Maher Drive Morehead, KY Immaculately maintained and truly move-in ready, this classic brick ranch offers 1,352 squ...	3 beds \| 1 baths \| 1,352 sq.ft.	$187,000	Airbnb cash on cash: 4.88% Traditional cash on cash: 4.24% Airbnb Rental Income: $1774 Traditional Rental Income: $1176 Airbnb ROI: 4.88% Traditional ROI: 4.24%
121 E 5th Street Morehead, KY Historic Morehead living at its finest! Built in 1932, this classic 4-bedroom, 2-bath bric...	4 beds \| 2 baths \| 2,470 sq.ft.	$278,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $1908 Airbnb ROI: N/A Traditional ROI: 5.07%
875 Copperas Morehead, KY Move-in ready with plenty of charm, this home at 875 Copperas Hollow, Morehead, KY offers ...	4 beds \| 2 baths \| 2,050 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $1827 Airbnb ROI: N/A Traditional ROI: 5.22%
99 Kennedy Court Morehead, KY This cozy 3-bedroom, 2-bathroom home in Morehead welcomes you with comfort and charm from ...	3 beds \| 2 baths \| 1,196 sq.ft.	$199,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.17% Airbnb Rental Income: $1774 Traditional Rental Income: $1235 Airbnb ROI: 4.46% Traditional ROI: 4.17%
25 Brookwood Lane Morehead, KY Charming Cabin on 2.5 Acres - Built in 2020! Escape to your own slice of Kentucky paradise...	1 beds \| 1 baths \| 800 sq.ft.	$137,500	Airbnb cash on cash: -1.85% Traditional cash on cash: 6.77% Airbnb Rental Income: $339 Traditional Rental Income: $1231 Airbnb ROI: -1.85% Traditional ROI: 6.77%
500 Pleasant Valley Road Morehead, KY This 3 bedroom, 1 bath brick ranch offers 988 square feet of practical, easy living with t...	3 beds \| 1 baths \| 988 sq.ft.	$142,000	Airbnb cash on cash: 6.94% Traditional cash on cash: 4.94% Airbnb Rental Income: $1774 Traditional Rental Income: $1018 Airbnb ROI: 6.94% Traditional ROI: 4.94%
102 Woodlock Drive Morehead, KY Beautifully maintained custom-built home completed in 2022, offering a thoughtfully design...	3 beds \| 2 baths \| 1,860 sq.ft.	$399,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 2.83% Airbnb Rental Income: $1774 Traditional Rental Income: $1850 Airbnb ROI: 1.34% Traditional ROI: 2.83%
9851 Cranston Road Morehead, KY Tucked away on approximately 3 wooded acres, this charming A-frame getaway offers the perf...	2 beds \| 2 baths \| 800 sq.ft.	$138,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 3.07% Airbnb Rental Income: $807 Traditional Rental Income: $745 Airbnb ROI: 1.1% Traditional ROI: 3.07%
223 Maher Drive Morehead, KY Welcome home to one of the best opportunities in Morehead/Rowan County. This nicely update...	3 beds \| 2 baths \| 1,668 sq.ft.	$224,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 4.93% Airbnb Rental Income: $1774 Traditional Rental Income: $1532 Airbnb ROI: 3.79% Traditional ROI: 4.93%
145 Mount Hope Road Morehead, KY Nestled in a peaceful rural setting, this cute and inviting home offers the perfect blend ...	3 beds \| 1 baths \| 1,256 sq.ft.	$140,000	Airbnb cash on cash: 7.06% Traditional cash on cash: 6.02% Airbnb Rental Income: $1774 Traditional Rental Income: $1150 Airbnb ROI: 7.06% Traditional ROI: 6.02%
147 Clearfork Road Morehead, KY Set on a spacious .4 acre lot, this charming 3 bedroom, 2 bath manufactured home, offers c...	3 beds \| 2 baths \| 1,232 sq.ft.	$235,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 3.59% Airbnb Rental Income: $1774 Traditional Rental Income: $1301 Airbnb ROI: 3.53% Traditional ROI: 3.59%
100 Wisteria Lane Morehead, KY Well-maintained 4 bedroom, 2 bathroom, offering just over 1,400 sqft of comfortable living...	4 beds \| 2 baths \| 1,456 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $1592 Airbnb ROI: N/A Traditional ROI: 5.07%
224 Circle Drive Morehead, KY Brick split foyer in desirable Lakeview Heights subdivision. 3 BR/2 BA. (could easily encl...	3 beds \| 2 baths \| 2,148 sq.ft.	$254,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 6.97% Airbnb Rental Income: $1774 Traditional Rental Income: $2216 Airbnb ROI: 3.12% Traditional ROI: 6.97%
232 Roselawn Lane Morehead, KY Classic comfort meets everyday functionality in this well-maintained brick ranch located i...	3 beds \| 2 baths \| 1,560 sq.ft.	$238,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 5.42% Airbnb Rental Income: $1774 Traditional Rental Income: $1729 Airbnb ROI: 3.46% Traditional ROI: 5.42%

Real Estate investment in Morehead, KY

There are 53 properties for sale in the city of Morehead . The median list price in Morehead is $236,500 and the average price per square foot is $128. In May 2026, the average monthly cash on cash return in Morehead is 6.00%. The average monthly rental income in Morehead is $1,850.

Morehead, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 53 investment properties available for sale in Morehead.

In 2026, the best neighborhood to buy investment property is Morehead.

The ROI for Long-Term is higher than the Short-Term in Morehead with average rental income of $1,850.

Your search for investment property begins and ends here

Investment Property for Sale in Morehead, KY

131 Bartlett Drive

Morehead, KY

6 beds | 5 baths | 2,640 sq.ft.

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.6%

Airbnb Rental Income: $null

Traditional Rental Income: $3655

Airbnb ROI: N/A

Traditional ROI: 9.6%

460 Pleasant Valley Road

Morehead, KY

3 beds | 2 baths | 1,352 sq.ft.

$180,000

Airbnb cash on cash: 5.13%

Traditional cash on cash: 7.23%

Airbnb Rental Income: $1774

Traditional Rental Income: $1649

Airbnb ROI: 5.13%

Traditional ROI: 7.23%

166 Stellar Night Drive

Morehead, KY

3 beds | 2 baths | 1,290 sq.ft.

$218,000

Airbnb cash on cash: 3.94%

Traditional cash on cash: 5.43%

Airbnb Rental Income: $1774

Traditional Rental Income: $1596

Airbnb ROI: 3.94%

Traditional ROI: 5.43%

1325 Weaver Ridge Road

Morehead, KY

4 beds | 2 baths | 2,488 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.71%

Airbnb Rental Income: $null

Traditional Rental Income: $2351

Airbnb ROI: N/A

Traditional ROI: 7.71%

10770 Brown Ridge Road

Morehead, KY

3 beds | 1 baths | 1,110 sq.ft.

$155,000

Airbnb cash on cash: 6.22%

Traditional cash on cash: 7.05%

Airbnb Rental Income: $1774

Traditional Rental Income: $1412

Airbnb ROI: 6.22%

Traditional ROI: 7.05%

703 Knapp Avenue

Morehead, KY

3 beds | 3 baths | 2,004 sq.ft.

$255,000

Airbnb cash on cash: 3.12%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1774

Traditional Rental Income: $2152

Airbnb ROI: 3.12%

Traditional ROI: 6.7%

5552 BIG PERRY ROAD

Morehead, KY

3 beds | 2 baths | 2,975 sq.ft.

$187,000

Airbnb cash on cash: 4.88%

Traditional cash on cash: 9.85%

Airbnb Rental Income: $1774

Traditional Rental Income: $2173

Airbnb ROI: 4.88%

Traditional ROI: 9.85%

80 Jackson Drive

Morehead, KY

4 beds | 3 baths | 2,640 sq.ft.

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1924

Airbnb ROI: N/A