Lancaster, KY
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    Lancaster, KY Apartment Buildings for Sale

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    Stanford, KY Crab Orchard, KY Danville, KY
    Lancaster Mixed-Use Investment Property
    $489,999
    10,525 SF
    Lancaster Mixed-Use Investment Property

    105&107 Richmond Street, Lancaster, KY 40444

    Income-producing property with residential and commercial tenants in downtown Lancaster.
    • Excellent income‑producing property with diversified income streams.
    • Located in the heart of downtown Lancaster.
    • 7‑unit building with 4 residential units (2‑2BR, 2‑1BR) and 3 commercial units.
    • Solid investment opportunity with immediate cash flow.
    • Low vacancy asset with strong occupancy.
    Updated: Mar 1
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lancaster, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Richmond Mixed-Use Opportunity
    $579,000
    9,763 SF
    Downtown Richmond Mixed-Use Opportunity

    Mixed-use property with commercial income and residential upside.

    204-206 S 3rd Street, Richmond, KY 40475

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    Richmond Mixed-Use Investment Opportunity
    $649,900
    2,200 SF
    Richmond Mixed-Use Investment Opportunity

    Mixed-use property with retail space and apartments for sale.

    107 N Killarney Lane, Richmond, KY 40475

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    Historic Harrodsburg Mixed-Use Investment
    $375,000
    6,100 SF
    Historic Harrodsburg Mixed-Use Investment

    Restored historic buildings with retail and residential units.

    120 S Main Street, Harrodsburg, KY 40330

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    Harrodsburg 19-Unit Income Property
    $475,000
    8,008 SF
    Harrodsburg 19-Unit Income Property

    19-unit income property in downtown Harrodsburg generating $8,900 monthly.

    202 S College Street, Harrodsburg, KY 40330

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details

    Lancaster, KY Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 10,525 square feet of properties for sale, with an estimated market value of $489,999.

    Sale prices for two-family homes in Lancaster, KY start at $489,999, averaging $489,999, and reaching up to $489,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 14K
    Population Growth (5Y) -1.4%
    Median Household Income $62,324
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

    Identify Lancaster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40444 $490K

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $0.28 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Garrard County

    New Delisted

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