Income-producing brick duplex generating $1,850 per month in total rents ($900 & $950)—a strong addition to any investment portfolio. Both units are tenant-occupied with residents in place for over a year. Each side features a 2-bedroom, 1-bath ranch layout with an unfinished basement with 1762 sq ft with room for expansion. Ideal for investors seeking stable income or for a house-hack strategy! Open house this Sunday January 18th, 3:30-4:15, please contact agent to let them know you are coming.
1416 Townley Drive is a 16-unit multifamily property in Lexington, KY. Its location offers excellent access to downtown Lexington, major employment centers, universities, public transportation, healthcare centers, and retail corridors. The property, built in 1959, is 5,040 square feet and is situated on .405 acres. Each unit is a 330 square feet studio apartment with hardwood and tile floors and a designated kitchen area with range, oven, and refrigerator. Basement storage is available to Tenants and there is an opportunity to add coin laundry in the basement. The property is ideally located in the popular Meadowthorpe neighborhood near the new Commons development and just off Leestown Road, a main Lexington thoroughfare. The location is a strong demand rental area with low vacancy rates. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 200 N. Hill-N-Dale Street in Danville, KY and 115 Delmont Drive in Lexington, KY. Financials available upon request.
Income opportunity. Duplex 2 bed 1 bath each side. 2 car garage in back left unit. Both sides are vacant. Being sold as-is
Beautiful 1895 Historic Home in Woodward Heights Historic District - 3 Separate Apartments - 3,109 Sq Ft. This stunning property offers the potential for an Airbnb or conversion back to a single-family home, allowing for flexibility in how you choose to use the space. Each apartment features its own private entrance, kitchen, full bathroom living area and a common laundry room for long-term tenants, or multi-generational living. Historic details such as tall ceilings, original wood flooring and woodwork, and large windows create a warm, inviting atmosphere in every unit. The property is conveniently located within walking distance to Rupp Arena, Gatton Park, downtown dining and shopping as well as with the University of Kentucky and Transylvania University. It also includes a unique backyard with brick paving which is perfect for outdoor relaxation or entertaining family and guests! Whether you continue as a profitable rental operation or reimagine for personal use, this property offers unlimited potential in a prime setting.
Opportunity Knocks! Whether you're looking for your first investment with a great live-in duplex option or you're a seasoned investor adding to a strong, low-vacancy portfolio, this property is a standout opportunity. Both units are studio-style layouts, offering simple, efficient living spaces that have great appeal. Inside, you'll find luxury vinyl plank flooring throughout. The location also offers on-street parking and easy access to downtown Lexington. One unit is rented and the other is renovated and ready for a new tenant or owner occupant. Currently renting at $825 per month per unit.
Don't miss this duplex in the heart of downtown! Lovingly restored in 2019 this duplex has old world charm mixed with modern amenities. The units both have great kitchens with updated cabinetry and appliances. The living areas are spacious and airy. Each units has two bedrooms and an updated bath and they each have a washer and dryer. During the past renovation plumbing, electric as well as the roof, gutters and windows were addressed leaving the new owner with a turn key property. Perfect for investors or owner occupancy, don't miss your chance to see this one!
Investor's dream or perfect owner-occupant opportunity! This well-maintained quadplex offers four identical 1,280 sq ft, 2-bedroom, 1-bath units—each with its own laundry, electric and water meters, and all-electric appliances. No HOA keeps expenses low, while a wheelchair-accessible elevator provides easy access to the second floor. The roof was replaced just 3 years ago with a 40-year guarantee, and the HVAC heat pump system is only 4 years old. Additional highlights include central air, security bars on first-floor windows and doors, flood lighting throughout the hallways, and two storage buildings for added convenience. A durable 5' steel fence secures the front of the property, and windows open easily for fresh air. Conveniently located near shopping, dining, and local parks—this property offers low-maintenance living and strong investment potential in a prime location.
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. New roof in 2025
Located in the heart of downtown Lexington, this duplex sits on a rare double lot and offers both income potential and flexibility. One side is currently occupied, providing immediate rental income, while the other side is vacant and ready for a new tenant or owner-occupant. With its prime location, large lot, and multi-unit setup, this property is perfect for investors, house-hackers, or anyone looking to add to their real estate portfolio. Enjoy the convenience of being just minutes from restaurants, shopping, and all that downtown Lexington has to offer.
Step back in time with this Ashland Park charmer. Built in 1929, this six-unit apartment building was said to have been one of the first steel structure apartments built in Fayette County. The adjacent duplex was designed to be on top of this building as the fourth and fifth levels. Each apartment offers hardwood floors, high ceilings, unique built-ins, living room, dining room, kitchen, 2 bedrooms, and a full bath. There is a shared laundry and individual storage areas in the lower level. The Seller is providing a $200,000 KY Heritage Council historic tax credit that can be passed along to the Purchaser. It can be used as early as June 2026 with a 3-year deadline ending July 2029. The adjacent duplex is also available. Located steps away from Chevy Chase shopping and restaurants, downtown Lexington, the University of KY, and Ashland, the Henry Clay Estate!
This lovely Ashland Park duplex was originally designed to be built on top of the adjacent 3-story apartment building. Each unit features hardwood floors, unique built-ins, living and dining rooms, two bedrooms and full bath. The lower level offers a shared laundry and storage. The brick-fenced courtyard is a perfect place to enjoy your afternoon tea! The Seller prefers to sell 100-102 S Hanover and 110-112 S Hanover together. Steps away from everything Chevy Chase and Ashland Park has to offer!
Duplex Investment Opportunity Near Downtown Lexington! Welcome to 148-150 York Street—a well-maintained duplex offering two 1-bedroom, 1-bathroom units in a prime location just minutes from downtown Lexington and the University of Kentucky. Each unit features a comfortable layout with separate entrances, making it ideal for tenants seeking privacy and convenience. With a strong rental history and low vacancy, this property is a great opportunity for investors looking to generate immediate cash flow. Situated close to local restaurants, parks, and public transportation, this duplex combines affordability, location, and long-term value. Don't miss your chance to invest in a growing area—schedule your showing today and see the potential at 148-150 York Street!
Investor special! This 5-unit multi-family property at 616 Ballaire Ave offers a great opportunity in a high-demand rental area near downtown and UK. The building includes one 2 bed/1 bath unit, three 1 bed/1 bath units, and one studio. With strong income potential and a central location, this property is a solid addition to any rental portfolio.
Great investment opportunity! This versatile multi-family home at 1766 Russell Cave Rd features two separate units. The larger unit offers 4 bedrooms and 2 full bathrooms, while the second unit includes 2 bedrooms and 1 bathroom. With strong rental potential and a convenient location near downtown and local amenities, this property is a smart addition to any portfolio.
Investment opportunity to purchase 7 new construction townhomes all connected in 1 row. Each townhome will have 3 bedrooms and 2 full baths with an attached 1 car garage. They will all be the EVA floor plan. Buyer currently still has the ability to pick standard selections and even do upgrades if desired. Once construction begins and we get further along, townhomes will become spec homes and the price will increase with pre-selected upgrades. This is the lowest price these townhomes will ever be! Add some awesome townhomes to your investment portfolio with minimal maintenance over the next several years. We can do smaller investment package or more townhomes if buyer would like more than seven.
Four large turn-key condominiums located on the top floor of a professional office building in a prime Lexington location—next door to Central Baptist Hospital and just minutes from the University of Kentucky. Each unit features 2 bedrooms, 2 full baths, a kitchen, and a spacious living area. Units are nicely updated with granite countertops, LVP flooring, and fresh paint throughout. Amenities include coin-operated laundry, storage space, and both elevator and stair access on the top floor. The property also offers newly paved onsite parking. Property is being sold as is, and pricing reflects this condition—making it an excellent investment opportunity in one of Lexington's most desirable business corridors. Call today to schedule your private showing!
Fully Occupied 4-plex featuring (4) 1 bed / 1 bath units in the Chevy Chase area - a turnkey opportunity with consistent rental income from day one. Each unit offers a comfortable living space and the property has been well maintained. Low-maintenance, easy-to-manage layout, and strong rental history. Ideal for investors of all types. Secure your next income-producing asset today.

Lexington is located in Kentucky. 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.
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.