Lexington KY Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Lot size:
0.11 Acres
Year built:
1890
Baths:
2.00
MLS#:
24023067
Subdivision:
Downtown

ADDITIONAL INFORMATION

Investment opportunity in a great area of downtown Lexington! Close to New Circle Road and the interstate. This duplex features 2 bedrooms and 1 bath on each side. Very near West Sixth, The Goose Lexington and the Blue Heron.

Type:
Multi-Family
Sq.Ft.:
1,732
Status:
Active
Beds:
4
Lot size:
0.17 Acres
Year built:
2002
Baths:
3.00
MLS#:
24022690
Subdivision:
Masterson Station

ADDITIONAL INFORMATION

Expand your portfolio with this fantastic tenant-occupied property! This spacious 4-bedroom, 3-full-bath home features a full walk-out basement and is situated in a desirable neighborhood, providing consistent rental income until the end of December 2025. The property includes a first-floor primary bedroom for easy accessibility, an eat-in kitchen perfect for gatherings, and a fully fenced yard that offers privacy and a great place to play. Enjoy outdoor entertaining on the deck, adding to the property's appeal. Currently tenant-occupied with a lease in place until December 2025, this home provides immediate cash flow.This property can also be purchased as part of a lucrative investment package, including 820 E Main Street, Danville, a well-maintained 4-plex with multiple income streams, and 132 North Locust, Versailles, another 4-plex that maximizes your rental potential. Don't miss out on this exceptional opportunity to enhance your investment portfolio with three fully occupied properties.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.26 Acres
Year built:
1972
Baths:
2.00
MLS#:
24022400
Subdivision:
Kenawood

ADDITIONAL INFORMATION

Fully occupied and well maintained ranch style duplex! Both units are two-bedroom and one-full bathroom that are in great shape. Both units have leases through 2025! Pictures of one side, but very similar finish in both.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.23 Acres
Year built:
1963
Baths:
4.00
MLS#:
24022059
Subdivision:
Garden Springs

ADDITIONAL INFORMATION

Awesome 2-story duplex for sale in Lexington, each side has 3 Bedrooms and 1.5 Baths, located in desirable Garden Springs neighborhood. The first floor features a living room, kitchen, half bath and laundry. The second floor has 3 bedrooms and a full bath. There's parking in the back and a grassy fenced area. Buy the duplex as an investment or live in one side and rent out the other. Short drive to downtown Lexington or Circle 4 using Harrodsburg Rd. Come see this duplex today before it's gone!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.52 Acres
Year built:
1979
Baths:
4.00
MLS#:
24022025
Subdivision:
East Hills

ADDITIONAL INFORMATION

Incredible investment opportunity in the heart of Lexington! 2824 Snow Road is a 4-unit brick veneer apartment building that combines modern living with a convenient location. All four units have been fully remodeled. Each unit offers 2 bedrooms, one full bath, in unit laundry, and a patio or balcony. Exterior features - newer roof, windows, doors, gutters and more! Interior has many updates including remodeled kitchens, bathrooms, appliances, flooring and more! This building is 100% occupied, ensuring a steady income stream from day one. The property is strategically located next to a daycare, making it an attractive option for tenants seeking comfort and convenience.Additionally, there is a second building also available for sale 2820 Snow Road, presenting a unique opportunity for investors looking to expand their portfolio in a thriving market. Don't miss out on this excellent investment opportunity!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.52 Acres
Year built:
1979
Baths:
4.00
MLS#:
24022024
Subdivision:
East Hills

ADDITIONAL INFORMATION

Incredible investment opportunity in the heart of Lexington! 2820 Snow Road is a 4-unit brick veneer apartment building that combines modern living with a convenient location. THREE of the four units have been remodeled. Each unit offers 2 bedrooms, one full bath, in unit laundry, and a patio or balcony. Newer exterior items - roof, windows, doors, patios and more. Upgraded interior features - plumbing, kitchens, bathrooms, flooring, fixtures and more! This building is 100% occupied, ensuring a steady income stream from day one. The property is strategically located next to a daycare, making it an attractive option for tenants seeking comfort and convenience.Additionally, there is a second building also available for sale, presenting a unique opportunity for investors looking to expand their portfolio in a thriving market. See MLS number 24022025. Don't miss out on this excellent investment opportunity, offered at just $475,000!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.19 Acres
Year built:
1980
Baths:
4.00
MLS#:
24020923
Subdivision:
Cove Lake

ADDITIONAL INFORMATION

Rare - very nice duplex. 3 bedroom 1.5 bath one side and the other side has 2 bedrooms 1.5 baths. Fully fenced yard. With divided back yards. Each unit has a private one car garage. All appliances remain. Very convenient to medical facilities, University of KY, Restaurants and shopping.Both tenants are month to month - 3br 1.5 bath currently paying $1500.00. the 2br 1.5 bath tenant is paying $1250.00. New roof placed on in 2023will need 48 hours to notify tenants of showings.This is an owner/agent owned property through an LLC.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
11
Year built:
2007
Baths:
11.00
MLS#:
24020508
Subdivision:
Richmond Woods

ADDITIONAL INFORMATION

Are you in the market to expand your investment portfolio? Look no further! This is an incredible opportunity to own 4 townhomes in a prime location. Three of these units have been completely renovated, and the smaller unit is lightly updated. Are all move-in ready, waiting for their new owner or tenants. These modernized homes feature updated kitchens, brand-new flooring, and contemporary finishes--perfect for attracting quality tenants, making this package a fantastic value with room for increased returns.Whether you're a seasoned investor or just starting, these townhomes provide an excellent opportunity for both immediate cash flow and long-term appreciation.Don't miss out on this chance to 4 brick townhomes to your portfolio! Truly a hands-off investment opportunity. More off-market units are available.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
14
Lot size:
0.53 Acres
Year built:
2024
Baths:
21.00
MLS#:
24019945
Subdivision:
Masterson Station

ADDITIONAL INFORMATION

JTB Construction is thrilled to offer their latest project - a brand new set of 7 beautiful, new- construction townhomes situated on over half an acre in Lexington's largest subdivision, Masterson Station. This investment opportunity offers the charm of suburban tranquility within a convenient proximity to the city's vibrant amenities with both established and new commercial developments. Situated just minutes away from downtown Lexington, Masterson Station Park and the new 51 acre commercial development, Citation Centre, that also includes a brand new Publix Grocery Store. The close proximity to the I-75 corridor also makes commuting to surrounding cities a breeze. Each townhome is identical and boasts 1,360 sqft with two primary suites on the second floor and an open kitchen and dining concept on the first floor. A living area and half bath are also located on the first floor. Each unit includes all appliances with a washer and dryer hookup conveniently located on the second floor by the bedrooms. This development is a great long-term investment opportunity with minimal maintenance and incredible upside potential set in a prime location commercially and residentially!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.36 Acres
Year built:
1973
Baths:
3.00
MLS#:
24017527
Subdivision:
Ashland Park

ADDITIONAL INFORMATION

This wonderful property has never been offered before! Ranch style duplex on private Fontaine Circle offers a very large, beautiful lot. Majestic settings enhance the marvelous architectural design. The large rooms create a warm livable environment. Private back terraces are available for each unit. A two-car garage is available and there is ample outdoor parking as well. If you are looking for an owner-occupied duplex with income, this is perfect for you! Do Not Miss this awesome opportunity!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.39 Acres
Year built:
1972
Baths:
3.00
MLS#:
24017526
Subdivision:
Ashland Park

ADDITIONAL INFORMATION

This often sought after property is perfect for owner occupied or high-end rental. Located on a large, landscaped lot with many large trees. It is close to downtown and convenient to all sorts of shopping. A delightful terrace is available for cookouts and outdoor activities, or just relaxing on a nice evening. Large rooms and a fireplace create a cozy home-like atmosphere in this very desirable well-built duplex. A full basement is available for both units. A two-car garage plus ample parking spaces can easily accommodate your guests. Call today to see this seldom available property.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.44 Acres
Year built:
1965
Baths:
2.00
MLS#:
24017525
Subdivision:
Ashland Park

ADDITIONAL INFORMATION

Seldom available, wonderful duplex in Ashland Park. This beautifully constructed property is on a very large lot with loads of mature trees. The larger eat-in kitchen lends itself to family informal dining. Two large bedrooms with ample closet space in each unit create a comfortable living environment. A full basement for plentiful storage is also available for each unit. A private backyard terrace provides a natural setting for those desiring relaxing evenings or a lovely Kentucky back-drop. A three car garage is an added extra for this rarely available property.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.34 Acres
Year built:
1979
Baths:
4.00
MLS#:
24016845
Subdivision:
Woodspoint

ADDITIONAL INFORMATION

**Back on market due to buyer financing**UPDATED LISTING! NEW PRICE!**Welcome to this turnkey 4-unit property freshly renovated. All New windows and sliding glass doors, new roof install in May warranty transfer to new buyers, new driveway, All units have been renovated. 2 beds, 1 bath in each unit. Currently all 4 units rented. Rents are below market value with room for increase. Unit 1 renting for $950, Unit 2 renting for $1,100, Unit 3 renting for $800 Unit 4 renting for $1,150. Totaling $4,000 in rents for 4 units. Renters pay all utilities except hallway electric bill. No HOA! Excellent location close to new hospital, and new circle.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.26 Acres
Year built:
1979
Baths:
4.00
MLS#:
24016299
Subdivision:
Carriage Lane

ADDITIONAL INFORMATION

This all-brick duplex presents an excellent investment opportunity, offering a strong return of 7%. With nearly 4,000 sq ft, it features two spacious units: one with 4 bedrooms and 2 full bathrooms, and the other with 3 bedrooms and 2 full bathrooms. Each side includes a large eat-in kitchen, a full finished walk-out basement, a living room, and a family room complete with a fireplace.Both units have been recently updated, showcasing fresh paint, new tile, new luxury vinyl plank flooring, and new ceiling fans. The roof was replaced in 2015, adding to the property's appeal. Currently, both sides are rented with up-to-date leases, providing immediate income. Please respect the tenants' privacy; no sign is posted in the yard. The property is being sold as-is, and inspections are welcomed. This is a fantastic addition to any real estate portfolio!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1920
Baths:
MLS#:
24016239
Subdivision:
Chevy Chase

ADDITIONAL INFORMATION

This lovely, historic fourplex has an unbeatable location! This property contains one 2BD unit, two 1BD units, a small studio and plenty of off-street parking. All four units are currently occupied with total gross monthly rent of $3,660 (see attached rent roll). Located on historic Woodland Avenue, this property is convenient to campus, downtown, Woodland Park and all of Chevy Chase. The current owner has made a lot of improvements including electrical panel upgrades and a brand new roof earlier this year (2024). Don't let this opportunity pass you by! Property is tenant occupied and has professional property management in place. Please contact Kingston Property Management to coordinate a showing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.15 Acres
Baths:
4.00
MLS#:
24015591
Subdivision:
Downtown

ADDITIONAL INFORMATION

Great investment property located downtown near UK. 3 bedrooms and 1 bath per unit. Walls newly painted and some of the appliances are brand new. Parking in the back labeled for each unit. Easy to show.

Type:
Multi-Family
Sq.Ft.:
3,379
Status:
Active
Beds:
4
Lot size:
0.34 Acres
Year built:
1957
Baths:
5.00
MLS#:
24013742
Subdivision:
Ashland Park

ADDITIONAL INFORMATION

Amazing and rare opportunity to own a lovely duplex on a sprawling .34 acre flat, treed lot in Chevy Chase/ Ashland Park. So much possibility! The larger of the two units, at 2300 square feet, has two comfortable bedrooms and bathrooms, a lovely updated kitchen and generous living spaces, including a sunroom and den all on the main level. The basement includes a family room, laundry, a third bathroom and great storage. The second unit, at 1089+qq square feet, has two bedrooms and two baths plus a lovely kitchen and living room on the main level, and a basement with laundry and additional living space. Both units have beautiful wood floors, fireplaces, private outdoor space and one car garages. So much beauty and utility! This property is perfect for an owner occupant looking for extended family space or rental income, or both. Beautifully maintained and updated, with new HVAC in 2015/2016, new roof in 2011 and new windows in 2008. The .25 acre buildable lot behind the duplex is no longer a part of the sale. Property being sold as-is, inspections welcome.

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Andrea Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Lexington Real Estate

The median home value in Lexington, KY is $330,000. This is higher than the county median home value of $266,700. The national median home value is $338,100. The average price of homes sold in Lexington, KY is $330,000. Approximately 50.08% of Lexington homes are owned, compared to 42.44% rented, while 7.49% are vacant. Lexington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lexington real estate agent to arrange a tour today!

Lexington, Kentucky has a population of 321,354. Lexington is less family-centric than the surrounding county with 30.98% of the households containing married families with children. The county average for households married with children is 30.98%.

The median household income in Lexington, Kentucky is $61,526. The median household income for the surrounding county is $61,526 compared to the national median of $69,021. The median age of people living in Lexington is 35 years.

Lexington Weather

The average high temperature in July is 85.8 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 46.2 inches per year, with 10 inches of snow per year.

Lexington Real Estate Market Conditions

  • Median sales price

    $330,000
    16.4% change since last quarter
  • # Active listings

    650
    30-day change

Lexington Schools and Demographics

Education near Lexington, KY

Metric City County
High School Graduates 92.36 92.36
College Degree - 2 year 7.87 7.87
College Degree - 4 year 45.61 45.61
Graduate Degree 12.19 12.19
Expenditures per Student 14,980 14,980
Students per Teacher 13.5 13.5

Elementary Schools near Lexington, KY

School Grades Students P/T Ratio ZIP
Arlington Elementary School PK - 05 441 11.6 40505
Ashland Elementary School KG - 05 405 13.5 40502
Athens-Chilesburg Elementary School KG - 05 745 14.9 40509
Booker T Washington Intermediate Academy 03 - 05 286 12.2 40511
Booker T Washington Primary Academy PK - 02 397 14.5 40508
Cardinal Valley Elementary School PK - 05 697 14.2 40504
Cassidy Elementary School KG - 05 696 14.9 40502
Clays Mill Elementary School KG - 05 550 13.4 40503
Deep Springs Elementary School PK - 05 569 14.8 40505
Dixie Elementary Magnet School PK - 05 584 13.6 40505
Fayette County Preschool PK - PK 84 12.9 40503
Fayette Pre-School PK - PK 46 40502
Garden Springs Elementary School KG - 05 524 14.1 40504
Glendover Elementary School KG - 05 666 15.3 40502
Harrison Elementary School KG - 05 368 11.5 40507
James Lane Allen Elementary School PK - 05 567 14.1 40504
Julius Marks Elementary School PK - 05 669 15.5 40502
Lansdowne Elementary School KG - 05 718 14.3 40517
Liberty Elementary School KG - 05 810 15.8 40505
Madeline M Breckinridge Elementary School PK - 05 698 15.2 40502
Mary Todd Elementary School PK - 05 524 13.3 40505
Maxwell Spanish Immersion Elementary School KG - 05 523 15.6 40508
Meadowthorpe Elementary School PK - 05 590 14.9 40511
Millcreek Elementary School PK - 05 513 13.6 40517
Northern Elementary School PK - 05 549 15.2 40505
Picadome Elementary School PK - 05 520 12.6 40504
Rosa Parks Elementary School KG - 05 724 17.8 40513
Russell Cave Elementary School KG - 05 304 10.8 40511
Sandersville Elementary School KG - 05 750 16 40511
Southern Elementary School PK - 05 644 14.2 40517
Squires Elementary School KG - 05 578 14.6 40515
Stonewall Elementary School KG - 05 651 14.1 40503
Tates Creek Elementary School PK - 05 672 15.3 40517
UK Early Childhood Lab PK - PK 15 12.5 40506
Veterans Park Elementary School KG - 05 631 14.6 40515
Wellington Elementary PK - 05 717 14.7 40503
William Wells Brown Elementary School PK - 05 430 12.8 40508
Yates Elementary School PK - 05 641 15.9 40505

Middle Schools near Lexington, KY

School Grades Students P/T Ratio ZIP
Beaumont Middle School 06 - 08 1,140 16.4 40504
Bryan Station Middle School 06 - 08 619 13.9 40505
Crawford Middle School 06 - 08 449 11.7 40505
Edythe Jones Hayes Middle School 06 - 08 1,095 15.6 40509
Jessie M Clark Middle School 06 - 08 933 14.9 40503
Leestown Middle School 06 - 08 762 13.6 40511
Lexington TRAD Magnet School 06 - 08 590 14.2 40508
Morton Middle School 06 - 08 738 14.3 40502
Pilot View Elementary School KG - 05 134 10.6 40503
Scapa At Bluegrass 04 - 08 276 8.9 40503
Southern Middle School 06 - 08 626 13.9 40517
Tates Creek Middle School 06 - 08 976 14.6 40517
Winburn Middle School 06 - 08 608 13.1 40511

High Schools near Lexington, KY

School Grades Students P/T Ratio ZIP
Bryan Station High School 09 - 12 1,782 17.1 40505
Henry Clay High School 09 - 12 2,373 18.6 40502
Lafayette High School 09 - 12 2,070 18.8 40503
Paul Laurence Dunbar High School 09 - 12 2,168 18.9 40513
Tates Creek High School 09 - 12 1,787 17.5 40517

Ungraded Schools near Lexington, KY

School Grades Students P/T Ratio ZIP
* Family Care Center 09 - 12 42 6.9 40504
* Fayette County Learning Center 08 - 12 159 9.6 40511
* Fayette Regional 07 - 12 50 8.8 40511
* Martin L King Academy for Excellence Alternative School 07 - 12 221 8.6 40505
* Opportunity Middle College 11 - 12 97 32.3 40511
* The Stables 07 - 12 49 13.2 40511
Blackburn Education Center UG - UG 0 40511
Carter G. Woodson Academy 06 - 11 162 8.1 40505
Central KY Technical College UG - UG 0 40511
Eastside Technical Center UG - UG 0 0 40505
Hayes Pre-School UG - UG 93 30.5 40509
Homebound Elementary UG - UG 0 0.1 40502
Homebound Secondary 06 - 11 3 40502
Kentucky Tech - Central Campus UG - UG 0 40510
Lexington Day Treatment 06 - 12 42 9.8 40504
Locust Trace Agriscience Farm UG - UG 0 0 40511
Southside Technical Center UG - UG 0 0 40504
Steam Academy 09 - 10 236 20 40508

Demographics near Lexington, KY

Metric City County
Neighborhood Type
Population 321,354 321,354
Population Density 1,133 1,133
Median Age 35 35
People per Household 2.3 2.3
Median Household Income 61,526 61,526
Average Income per Capita 37,475 37,475