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: 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 $55,000 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: Keller Williams Commonwealth
859-721-2121
Rare investment opportunity in a prime Lexington location! This 4-unit apartment complex is ideally situated next to Central Baptist Hospital and just over a mile from the University of Kentucky, offering strong rental demand and excellent convenience. Each of the four units features 2 bedrooms and 2 full baths, with spacious living rooms that provide comfortable gathering space and an ample kitchen with plenty of cabinet storage, making each unit highly desirable for tenants. All units are located on the third floor of a professional office building, offering added privacy and a unique mixed-use setting. The property includes a common laundry area with coin-operated machines, as well as both elevator and stair access for ease of entry. Tenants will also appreciate the onsite paved parking lot, a valuable amenity in this highly sought-after area. With updated interiors, generous living spaces, and a fantastic location, this property is perfect for investors looking to expand their portfolio with a low-maintenance, income-producing asset. **This is only the 4 condos on the top floor, this is not for the entire building **
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 was rented for $910/month. Top unit is currently vacant for ideal house hacking situation. 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.
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.
