Courtesy: Bluegrass Property Exchange
859-469-9429
Attention Investors! 8-Unit Apartment Building. Turn-Key Investment Opportunity With Immediate Value-Add Potential! All the heavy lifting has already been done on this fully occupied asset, making it an easy addition to your portfolio. Recent major capital improvements include a newer roof, gutters, windows, siding, and breaker panels. Several units have also been recently updated/renovated, creating a strong blend of current stability and upside through future interior updates. The property is currently 100% occupied, with all tenants (8) on month-to-month leases, offering maximum flexibility for rent increases, additional renovations, or portfolio repositioning. 5 of 8 tenants are long-term residents who would love to stay, providing dependable in-place income from day one. Seller is license KY real estate agent.
Courtesy: Lifstyl Real Estate
859-278-7501
Attention Investors! Great opportunity to add a fully occupied duplex to your rental portfolio in downtown Lexington. Currently generating $1,615 per month in total rental income, each unit features a living room, kitchen, 1 bedroom, and 1 full bathroom. Unit #1 was updated in 2021 with newer flooring and kitchen improvements, and the property received a new roof in 2023. With tenants already in place and immediate rental income, this is an easy addition to an investment portfolio. Property is being sold as-is with inspections welcome.
Courtesy: Turf Town Properties
859-268-4663
Excellent income-producing investment property featuring approximately 5,000 square feet of all-brick construction. Built in 1999, this well-maintained quadruplex offers four fully occupied units, each with 2 bedrooms, 1½ baths, washer and dryer hookups, and all-electric utilities. Tenants enjoy convenient front parking and a desirable corner location at Mount Tabor Road and Old Todd Road. With solid occupancy, durable brick construction, and a sought-after layout, this property presents an outstanding opportunity for investors seeking immediate cash flow and long-term value. Fully occupied, 48 hour notice to show.
Courtesy: Bluegrass Sotheby's International Realty
859-268-0099
Rare opportunity to own a beautifully updated triplex in Lexington's highly sought-after Chevy Chase neighborhood. 304-306 Ridgeway Drive features three 1BR/1BA units and is being sold partially furnished. Ideally located just steps from the University of Kentucky, downtown Lexington, UK HealthCare, restaurants, shopping, and entertainment. With thoughtful updates and an unbeatable location, this property offers incredible flexibility and a unique opportunity to own in one of Lexington's most desirable areas.
Courtesy: Belmont Realty Group
859-494-2336
This offering includes both sides of the duplex at 414 and 414½ Morrison Avenue. Each unit features two bedrooms and one full bathroom. Both units are currently rented for $625 per month, providing a combined gross monthly income of $1,250. Estimated market rents in the property's current condition are approximately $1,100 to $1,300 per unit, offering significant income-growth potential. The 414 Morrison Avenue unit was updated in 2014, while the 414½ unit has not been updated and offers an opportunity for future improvements and additional value. Neither side has a lease; both tenants currently occupy on a month-to-month basis. This is a solid opportunity for an investor seeking immediate rental income with substantial upside potential near downtown Lexington.
Courtesy: Allied Realty
859-494-9003
Investor Alert! Excellent opportunity to own a duplex with immediate rental income. Each unit offers 2 bedrooms and 1 full bath, making this an ideal addition to any investment portfolio. Both tenants are currently on month-to-month leases, providing flexibility for investors or future owner-occupants. A storage unit located on the property conveys with the sale, offering additional value and tenant convenience. Conveniently located near shopping, schools, restaurants, and major roadways. Whether you're looking to expand your portfolio or purchase your first multifamily property, this duplex offers strong income potential. Don't miss your chance—schedule your showing today!
Courtesy: The Brokerage
859-983-7365
Don't miss this versatile duplex located in one of Lexington's most desirable areas. Whether you're an investor looking to add a strong income-producing property to your portfolio or a buyer hoping to live in one unit while offsetting your mortgage by renting the other, this property offers outstanding flexibility and potential. Situated just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, and local shopping and dining, this duplex is well-positioned for consistent rental demand. Each unit offers its own private living space, making it an attractive option for both tenants and owner-occupants. Whether you're looking to generate immediate rental income, build long-term equity, or take advantage of the benefits of owner-occupied investing, 270 Sherman Avenue is an opportunity you won't want to miss.
Courtesy: Bluegrass Sotheby's International Realty
859-268-0099
Nestled in the heart of Ashland Park, this classic brick duplex offers timeless character in one of Lexington's most sought-after neighborhoods. Each spacious unit features hardwood floors, original built-ins, separate living and dining rooms, two bedrooms, and a full bath, making a blend of historic charm and comfortable everyday living. A shared basement level provides laundry and additional storage, while the private brick courtyard creates a peaceful outdoor retreat. Whether you're looking to expand your investment portfolio, owner-occupy while generating rental income, or preserve a piece of Lexington history, opportunities like this are increasingly rare. Just a short stroll from Chevy Chase shops, local restaurants, parks, and everything Ashland Park has to offer, this is location, character, and versatility all in one.
Courtesy: Guide Realty, Inc.
859-263-0305
Here's an opportunity to own a duplex with plenty of potential. Whether you're looking to add to your investment portfolio or explore the popular "house hack" concept by living in one unit while generating income from the other, this property offers flexibility to fit a variety of goals. One unit will soon be vacant, making it easy to begin updates or move right in while the second unit continues to provide rental income. Each unit features 2 bedrooms, 1 full bath, a basement-level one-car garage, and two finished basement rooms that offer flexible space for storage, hobbies, a home office, exercise area, or recreation. One of the finished rooms includes an exterior door, providing additional versatility for a variety of potential uses. The generously sized, partially wooded lot provides a setting that's not often found with duplex properties A solid investment with plenty of possibilities for its next owner.
Courtesy: Modern Real Estate, Inc
859-388-2000
Investors! Duplex, fully rented. Renovated and well maintained. Brick veneer. Converted by special-needs owners from two-bedroom to one-bedroom units, but each unit could easily be reconfigured as a two-bedroom unit, again. Total square footage is 1,672, or 836 sq ft per side.
Courtesy: Bluegrass Sotheby's International Realty
859-268-0099
310 Hanover Court holds the rare, adaptable soul that defines Kenwick's most captivating homes. Currently operating as a spacious single-family, this property retains the graceful bones of its original duplex heritage offering an effortless canvas to awaken a multi-unit income stream or craft a custom, light-filled layout entirely your own. Whether you choose to live in one unit while bringing vision to the other, curate an income-generating retreat, or reimagine the space from the ground up, the potential here feels unbound. Step outside to Kenwick's tree-lined avenues, vibrant local spots, and rich neighborhood pulse, and let this historic footprint inspire its next extraordinary chapter. Offered strictly as-is, this property is a blank canvas rich with untapped equity for a visionary buyer or creator. The home stands on solid, well-cared-for bones anchored by a newer roof, a newer water heater, and updated vinyl windows that provide a reliable foundation for your design vision. Out back, a rare detached large garage complete with a dedicated workbench area offers space to dream, store, and build. Tucked into an unbeatable location just minutes from downtown, all the essentials are in place to bring this Kenwick property into its next extraordinary chapter.
Courtesy: Lifstyl Real Estate
859-278-7501
Turnkey income portfolio featuring two single-family homes and one all-brick duplex across desirable Lexington locations. 1104 Liggett Street offers 1,406 sq ft, 3BR/1.5BA in a trendy downtown-adjacent location minutes from the Distillery District and Rupp Arena, leased at $1,750/mo. 1693 Prairie Circle offers 1,466 sq ft, 2BR/2BA with a covered carport and an oversized layout, leased month-to-month at $1,500/mo with room to grow. 1503 Roanoke Road is an all-brick duplex with hardwood floors throughout, ~950 sq ft per side, 2BR/1BA each — Side A leased long-term at $1,050/mo, Side B is leased at $1,195. Well-maintained throughout with minimal deferred maintenance. A rare chance to acquire diversified, cash-flowing assets across multiple Lexington submarkets in a single transaction. Sold as a package.
Courtesy: RE/MAX Elite Lexington
859-245-1165
An exceptional opportunity to acquire a turnkey portfolio of two neighboring, fully occupied historic duplexes in the heart of downtown Lexington. Originally built in the late 1800s and thoughtfully restored while preserving their historic character, these award-winning properties offer a total of four spacious 2-bedroom, 1-bath residences featuring tall ceilings, restored hardwood floors, updated kitchens and baths, and convenient off-street parking. The package includes a shared off-street parking lot serving both buildings, adding convenience for residents while enhancing the long-term value and functionality of the portfolio. Fully occupied and meticulously maintained, these neighboring duplexes seamlessly blend timeless architecture with modern updates and dependable income potential in one of Lexington's most desirable and walkable neighborhoods, just steps from downtown restaurants, entertainment, shopping, and local attractions. Ideal for investors seeking a stabilized, income-producing asset, this portfolio also presents an outstanding opportunity for an owner-occupant. Live in one unit while the remaining residences help offset your mortgage, create a multigenerational living arrangement, or capitalize on future rental upside. Whether maintained as a long-term cash-flow investment, repositioned through future rent optimization, or utilized as a premium house hack, the portfolio offers multiple value-creation strategies. Priced well below its 2025 appraised value, this offering provides the potential for immediate equity in addition to dependable cash flow and long-term appreciation. Opportunities to acquire two adjacent, Historic Preservation Award-winning duplexes with a shared parking lot in such a premier downtown location are exceptionally rare. This is a truly one-of-a-kind chance to own a landmark investment in one of Lexington's most sought-after neighborhoods.
Courtesy: Bluegrass Rental Management LLC
859-402-7172
Great all brick duplex. Located on a quiet court right by I-75 and I-64, this property is a great investment. Each tenant has been with us long-term. Each side has a living room and kitchen with the stove and refrigerator staying with the unit. Two bedrooms, a full bath and a washer/dryer hook up complete the layout. This would be a great addition to your portfolio, or could be purchased as an owner occupant and have an income producing property to start your personal wealth. Call today to see this amazing opportunity! Accepted offer required prior to scheduling showing
Courtesy: Stone Real Estate
859-351-5444
This property is offered as part of a residential rental portfolio with 3532 Brookewind Way and 321 Squires Road. Asking price for the entire portfolio is $979,000.
Courtesy: Stone Real Estate
859-351-5444
This property is offered as part of a residential rental portfolio with 309 Squires Road and 321 Squires Road. Asking price for the entire portfolio is $979,000.
Courtesy: Stone Real Estate
859-351-5444
This property is offered as part of a residential rental portfolio with 309 Squires Road and 3532 Brookewind Way. Asking price for the entire portfolio is $979,000.
Courtesy: RE/MAX Elite Lexington
859-245-1165
Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Originally built in the late 1800s and thoughtfully renovated while preserving its historic character, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Recipient of a Historic Preservation Award, the property blends timeless architecture with modern functionality and dependable income potential. Situated just moments from downtown restaurants, entertainment, and local attractions, this is a standout investment in one of Lexington's most desirable and walkable neighborhoods. The neighboring sister duplex at 148 E Fourth Street is also available, creating a rare opportunity to acquire two side-by-side historic duplexes in a premier downtown location.
Courtesy: RE/MAX Elite Lexington
859-245-1165
Rare opportunity to own a beautifully restored 19th-century duplex in the heart of downtown Lexington. Rich in original character and thoughtfully renovated while preserving its historic charm, this fully occupied property offers two spacious 2-bedroom, 1-bath units with tall ceilings, restored hardwood floors, updated kitchens and baths, and off-street parking. Just steps from downtown dining, entertainment, and local attractions, this award-winning property combines timeless architecture with dependable income potential in one of Lexington's most sought-after locations. An additional opportunity awaits, as the neighboring sister duplex is also being offered for sale, presenting the potential to acquire a unique side-by-side portfolio in a highly desirable downtown location. Priced BELOW 2025 Appraisal.
Courtesy: Turf Town Properties
859-268-4663
Investment Opportunity in Ashland Park! Located on a desirable corner lot in the heart of Ashland Park, just two blocks from Henry Clay Estate, this well-maintained 4-plex offers timeless charm and excellent income potential. The property features four oversized one-bedroom, one-bath units, each with spacious closets and its own covered front porch. A welcoming entry foyer provides access to the upper-level apartments and the expansive basement. The large basement includes individual washer and dryer hookups for each tenant, along with private walk-in storage units. First-floor apartments offer both front and rear porch entrances and are conveniently located just steps from the covered four-car garage. Overlooking the picturesque, park-like islands along Slashes Road, this property combines a prime location, classic character, and strong rental appeal in one of Lexington's most sought-after neighborhoods.
Courtesy: ERA Select Real Estate
859-285-2970
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!
Courtesy: Southern Charm Realty
859-967-6260
Exceptional new construction multi-family property in Lexington's established Masterson Station area. 3104 Daly Pl offers modern construction, functional design, and low-maintenance ownership in a high-demand rental corridor with convenient access to downtown Lexington, New Circle Road, I-64/I-75, the University of Kentucky, shopping, dining, and major employers. Designed with long-term value in mind, the property features contemporary finishes, efficient floorplans, and the advantages of newer construction that continue to appeal to today's renters. Investors will appreciate the modern aesthetic, reduced maintenance considerations, and strong location fundamentals within one of Lexington's steadily growing residential markets. Convenient access to everyday amenities and commuter routes further supports tenant demand and long-term income potential. Whether expanding an existing portfolio or adding a newer income-producing asset, this property offers a well-positioned opportunity in a growing area of Lexington.
Courtesy: CENTURY 21 Advantage Realty
859-721-0121
Great investment opportunity! This residential income property offers strong potential for future monthly cash flow. Currently vacant, allowing the new owner to set market rents and maximize returns. Contact the listing agent to schedule a showing.
Courtesy: CENTURY 21 Advantage Realty
859-721-0121
Turnkey investment opportunity producing $1,200/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.
Courtesy: CENTURY 21 Advantage Realty
859-721-0121
Turnkey investment opportunity producing $1,500/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.
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.
