Courtesy: Bluegrass Properties Group
859-619-8888
Location, character, and flexibility all in one! This charming home is conveniently located within walking distance of the UK campus and hospital, making it an ideal rental for students, faculty or professionals who want easy access to downtown Lexington and campus amenities. The main house features three spacious bedrooms, a full bath, original hardwood floors, abundant natural light. and classic architectural details that showcase it's historic character. The functional layout includes a comfortable living area, full kitchen. and ample storage throughout. A full compliment of appliances including a front loader washer and dryer. A unique bonus is the separate updated loft unit offering a second source of income that is currently rented through July 2027 at $1050. For convenience there are 5 off street parking spots. Don't miss the chance to build your investment portfolio or save on dorm fees!
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: National Real Estate
859-300-1415
Amazing opportunity to add an income producing unit to your portfolio. Unit A has 3 bedrooms, 1.5 baths and a 1 car garage. Unit B has 4 bedrooms and 2.5 baths.
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
859-296-1525
Fully rented duplex ready for it's next investor. Two bedrooms and one bath per unit with an ample living space and cozy kitchen. Dedicated utility room with laundry hook ups available for each unit as well as a small yard. Separately metered utilities. Tenants pay utilities. 48 hour notice to show
Courtesy: ERA Select Real Estate
859-296-1525
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: The Brokerage
859-983-7365
Amazing opportunity Investors!!! This well maintained duplex in the desirable Kenwick neighborhood is ready for an new investor to add it to their portfolio. Each unit has 3 bedrooms and 1 full bathroom. Upstairs and downstairs units. Both units are currently occupied with leases in place. Unit 1 (downstairs), is in a lease for $1500 per month which ends 2/28/2027. Unit 2 (upstairs), is in a lease for $1580 per month which ends 1/31/2027. Tenant pays all utilities. Plenty of parking in the back for all tenants. Please give 48 hour notice for showings and may only be able to get into one unit at a time. Set up your showing today!
Courtesy: Turf Town Properties
859-268-4663
Excellent investment opportunity. Stately brick 4-Plex on large corner lot directly across from Ashland, The Henry Clay Estate. Four 1 bedroom, 1 bath units offer central A/C, hardwood floors, basement with laundry and storage. Covered off street parking. Many updates include, New roof and gutters 2024, three new HVAC systems 2024, 2025. Desirable location convenient to Chevy Chase, UK, Downtown, local shops, restaurants and more. Tenants will need 24 to 48 hours for notice,
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.
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: Assurance Realty & Property Management
859-296-4663
Motivated Seller! Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants. Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and simplify management. The property also boasts a large attic space, providing valuable storage or potential for additional possible rental income with future development. Additional value could be added by converting Two-bedroom units into three-bedroom units by enclosing the dining room and adding a closet. Potential to increase rents through upgrades or reconfiguration. Major improvement already completed: New flooring in #4,5, 6 & 8 2026, New Paint in 4, 6 & 8 2026, Joist Replacement 2025, New carpet in hallway 2026, New Roof & removed dormers 2025 New Water Heaters #2, #10 2025, #9 2026, New Panel Box #4 2024, New Air Conditioners #4, #7 2024. Don't miss this investment opportunity.
Courtesy: CENTURY 21 Advantage Realty
859-721-0121
Turnkey investment producing $1,500/month, with expansion potential—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.
Courtesy: Legacy Real Estate Firm
859-420-3051
**PLEASE DO NOT go on property without prior arrangements. DO NOT disturb tenants.** Well-maintained 12-unit multifamily property comprising two side-by-side 6-plex buildings, offering immediate, stable income with long-term tenants and historically low turnover. This asset is ideal for investors seeking reliable returns from day one, with additional upside through future rent increases. Each unit features just south of 900 sq ft with spacious 2-bedroom, 1-bath layouts. Units are individually metered and all-electric, with tenants responsible for all utilities, helping keep operating expenses low and predictable. Although not currently utilized by the seller, as they have been capped off and covered, the units do feature stackable washer and dryer hookups for convenient in-unit laundry—further enhancing future rent potential and overall marketability. Common area and in-unit sprinkler system, adding an extra layer of safety and long-term value. Situated on large, hard-to-find lots, the property offers more than ample, on site paved parking, a significant advantage for multifamily in this area. Rents are currently below market, providing a clear opportunity for increased income over time. Units are well maintained by long-term ownership, including new windows in the last 2-3 years, with no major capital improvements currently anticipated per Seller. Updated hvac, updated electrical service, new lower kitchen cabinets, countertops and sink within the last 4 years in addition to new vanities. Conveniently located with easy access to I-75, New Circle Road, and downtown Lexington, this is a strong addition to any investment portfolio.
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: Bluegrass Sotheby's International Realty
859-268-0099
Turn-key four-plex income property in one of downtown Lexington's most sought-after locations—the thriving Jefferson Corridor, surrounded by recently completed high-end developments. This investment opportunity is currently fully leased, generating over $50,000 in annual rental income with low maintenance requirements. Major system upgrades include high-efficiency heating and cooling, along with updated electrical that is separately metered completed in 2021—offering flexibility for potential individual unit sale. While preserving its original charm featuring vaulted ceilings, beautiful hardwood floors, and classic window moldings. Residents have in-unit washer and dryer and a private fenced backyard with community firepit. Additional highlights include on-site garage parking with extra parking available. Ideally located with short distance to the University of Kentucky, Rupp Arena, Transylvania University, as well as popular dining and entertainment destinations such.
Courtesy: Realty Solutions
859-396-0204
Nine units with 2 bedrooms, 1.5 bath each. Roughly $7909/mo gross income when full. Tenants pay their own water and electric. 6 out of the 9 units have been renovated within the last 2 years with the 3 being renovated within the past 5. The layout is pretty open with big family room that opens into the kitchen. Location is terrific, minutes from the mall, short drive to UK, and much more!
Courtesy: Lifstyl Real Estate
859-278-7501
Attention investors! Don't miss your next Lexington opportunity—this duplex offers 1,344 sq ft of living space plus 846 sq ft of unfinished basement space with strong value-add potential. The lower 2 bed / 1 bath unit is a spacious 894 sq ft and rented for $975/month through March 2027, while the upper 1 bed / 1 bath unit is 450 sq ft and rented for $910/month through June 2026. The property also features a large backyard, detached garage and off-street parking. Financial statements available on Flex documents.
Courtesy: Lifstyl Real Estate
859-278-7501
Don't miss this rare triplex opportunity in Lexington! Featuring three units (1205, 1207, 1209 Reva Ridge), this property is perfect for investors seeking multiple income streams in one location. Each unit offers a similar layout with approximately 1,188 sq ft, 2 bedrooms, and 1.5 baths. The photos shown are from one updated unit, but all units have comparable layouts—making this an ideal setup for consistent rental demand. Conveniently located near shopping, dining, and major roadways, this property appeals to a wide range of renters. Whether you're a seasoned investor or just getting started, this triplex delivers strong income potential in a prime location.
Courtesy: Block + Lot Homes
859-309-0099
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.
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.
