Lexington KY Multi Family for Sale

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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:
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 2024 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Lexington Real Estate

The median home value in Lexington, KY is $311,578. 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 $311,578. Approximately 53.76% of Lexington homes are owned, compared to 39.65% rented, while 6.58% 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 40511 has a population of 313,593. Lexington 40511 is less family-centric than the surrounding county with 28.38% 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 40511 is $70,578. 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 40511 is 37.2 years.

Lexington Weather

The average high temperature in July is 85.8 degrees, with an average low temperature in January of 23.96 degrees. The average rainfall is approximately 46.19 inches per year, with 9.56 inches of snow per year.

Lexington Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    75
    30-day change

Lexington Schools and Demographics

Education near Lexington, KY

Metric City County
High School Graduates 91.65 92.36
College Degree - 2 year 7.51 7.87
College Degree - 4 year 45.16 45.61
Graduate Degree 11.94 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
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
Deep Springs Elementary School PK - 05 569 14.8 40505
Dixie Elementary Magnet School PK - 05 584 13.6 40505
Harrison Elementary School KG - 05 368 11.5 40507
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
Northern Elementary School PK - 05 549 15.2 40505
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
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
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 40511

Metric Zip Code City
Neighborhood Type Suburban
Population 313,593 321,354
Population Density 2,830 1,133
Median Age 37.2 35
People per Household 2.2 2.3
Median Household Income 70,578 61,526
Average Income per Capita 40,175 37,475