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601 Broad St, Murray, KY, 42071

2beds
1baths
1,011sqft
$67,000
$66price/sqft
$562/moest. monthly cost
$22,480/yrincome needed

About This Home

Great Investment Opportunity! This Home Offers Spacious Rooms, Kitchen With Ample Storage And Counter Space, A Designated Dining Room And Loads Of Potential! With A Clear Renovation Plan And Imagination, This Could Be Perfect For Future Rental Income Or A Future Starter/downsizer's Home! Great Location With Quick And Easy Access To All The Shops, Restaurants And Businesses In Murray!

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

9/10
Murray Middle SchoolGrades 4-80.6 mi
10/10
Murray High SchoolGrades 9-120.5 mi
10/10
Murray Elementary SchoolGrades PK-31.1 mi

Construction

Materials

  • Roof: Composition Shingle
  • Construction materials: Aluminum Siding,Plaster,Other/See Remarks

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Stove,Washer
  • Laundry features: In Kitchen

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Formal Dining

Features

  • Flooring: Carpet,Carpet Over Wood,Vinyl/Linoleum,Wood
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,011
  • Total interior livable area: 1,011 sqft

Property

Details

  • Parcel number: 0080001300028

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced

Lot

  • Lot size: 4,356 sqft
  • Features: In City Limits
  • Lot size dimensions: 70 x 65

Parking

  • Parking features: Gravel
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Heat Wave

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $338$4,056
Home Insurance *$57$684
Property Taxes $13$156
Electricity $154$1,850
Total$562$6,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,268/yr
40% on housing$16,860/yr
45% on housing$14,986/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -4.6%
-4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$66This listing

vs Other Active Listings

Avg $/sqft

ZIP 42071$145
Calloway County$148

vs Homes Sold Last Month

Median $/sqft

ZIP 42071$141
Calloway County$138

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-01Price change$67,000
2026-04-06Listed for sale$69,000

For Sale by Agent

AgentKarrie Garrigus
BrokerageElite Realty Branch Murray

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