Lexington KY Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Lot size:
0.13 Acres
Year built:
2009
Baths:
3.00
MLS#:
24026069
Subdivision:
Beaumont

ADDITIONAL INFORMATION

Great rental properties. Low maintenance. Great school zones. 100% rented. 2 car garage attached that is large enough to hold 4 cars. Main level has wood floors and built in cabinets, kitchen, dinning room, family room, half bath, deck over garage. 2nd floor has a master with tub, shower, walking closet. Second floor also has full bath shared by other two bedrooms and a hookup for washer and dryer. HOA manages everything outside the units including landscaping, trash pickup and snow removal.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.34 Acres
Baths:
12.00
MLS#:
24024820
Subdivision:
Cardinal Valley

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
14
Lot size:
0.3 Acres
Year built:
1959
Baths:
10.00
MLS#:
24024819
Subdivision:
Cardinal Valley

ADDITIONAL INFORMATION

Attention Investors! This is a 10 unit building, 6 one bedrooms, 4 two bedrooms. All units have refrigerator and stove and are metered seperately for utilities. There is a large attic space for storage or possibly additonal rentals. 2 bedroom units could be easily modified to a 3 bedroom by enclosing the dining room and adding a closet. Seller would prefer to sell as a part of a package with 20-4 plexes located at 1969,1973,1977, 1981, 2005 Cambridge Drive MLS #24024816 and 1904 Cambridge Drive (12 units) MLS #24024820. All units are within a .5 mile radius of each other.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
40
Lot size:
0.22 Acres
Year built:
1970
Baths:
20.00
MLS#:
24024816
Subdivision:
Cardinal Valley

ADDITIONAL INFORMATION

Great investment opportunity! Selling as a package which includes the following 20 total units. Five 4 plexes, 1969, 1973, 1977, 1981, 2005 Cambridge Drive. There are 20- two bedroom,1 bath units, all have washer/dryer connections and refrigerator and stove, gas furnace and central air. Units are all metered separately. There are two additional listings with this portfolio that are within 1/2 mile radius of this property also for sale. 12 units at 1904 Cambridge Drive MLS# 24024820 and 10 units at 1921 Oxford Circle. MLS#24024819. Seller would prefer to sell all of them as a package.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.12 Acres
Year built:
1996
Baths:
6.00
MLS#:
24024333
Subdivision:
Emerson Woods

ADDITIONAL INFORMATION

Great investment property located off Tates Creek Road close to New circle! Each unit has 3 bedrooms and 2.5 baths and a single car garage!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
17
Lot size:
0.12 Acres
Baths:
18.00
MLS#:
24024005
Subdivision:
Downtown

ADDITIONAL INFORMATION

Attention Investors! This is your chance to acquire 14 units and 1 commercial space near downtown Lexington. This unique property consists of two buildings located at the corner of MLK and Constitution. The Constitution building includes 8 studios on the main floor, 1 unit in the basement along with a partially completed unit and additional space, and a spacious 2-bedroom, 1-bath unit upstairs. The MLK building features 4 residential units, an additional storage unit, and a commercial space currently leased to a salon for $1,000 per month. There will be a group showing on Sunday, November 17th, from 2:30 to 3:30 PM. Don't miss this investment opportunity!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
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:
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.452 Woodview is leased thru 6/30/2025.- 3br 1.5 bath currently paying $1500.00. 454 Woodview Dr is 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:
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!

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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 2025 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Lexington Real Estate

The median home value in Lexington, KY is $332,000. 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 $332,000. 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

    $332,000
    16.4% change since last quarter
  • # Active listings

    529
    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