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    Lexington, KY
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    Lexington, KY Apartment Buildings for Sale

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    Nicholasville, KY Versailles, KY Richmond, KY
    Lexington Multifamily Investment Opportunity
    $1,049,900
    7,300 SF

    Lexington Multifamily Investment Opportunity

    388 Redding Road, Lexington, KY 40517

    Turn-key 8-unit apartment building with value-add potential.

    • Turn‑key 8‑unit apartment building with immediate value‑add potential.
    • 100% occupied with month‑to‑month leases, providing flexibility.
    • Major capital improvements recently completed: newer roof, gutters, windows, siding, and breaker panels.
    • Blend of stable income from 5 long‑term tenants and upside from future interior updates.
    • Several units have been recently updated/renovated.
    Updated: Apr 15
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    Lexington Mixed-Use Investment Opportunity
    $2,600,000
    11,000 SF

    Lexington Mixed-Use Investment Opportunity

    109-119 N Mill Street, Lexington, KY 40507

    Six apartments and two retail storefronts in three buildings.

    • Stabilized property with strong rental history provides immediate income.
    • Six apartments and two retail storefronts offer diversified income streams.
    • Contiguous buildings simplify property management.
    • Complete renovation in 2010 ensures modern standards and reduced maintenance.
    • Exceptionally well‑maintained condition minimizes immediate repairs.
    Updated: Mar 27
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    Multi-Family Investment Opportunity
    $875,000

    Multi-Family Investment Opportunity

    12-unit multi-family building in high-demand submarket, priced for redevelopment.

    108 Surfside Dr, Lexington, KY 40503
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    Luxury Chevy Chase Multifamily Property
    $5,100,000
    23,216 SF

    Luxury Chevy Chase Multifamily Property

    High-end 24-unit property in Lexington's desirable Chevy Chase neighborhood.

    319 Duke Rd, Lexington, KY 40502
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, 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.

    Versailles Commercial Building with Apartments
    $600,000
    8,448 SF

    Versailles Commercial Building with Apartments

    Commercial building with daycare and apartments in downtown Versailles, KY.

    380 Amsden Avenue, Versailles, KY 40383
    View details
    Versailles Multifamily Investment Opportunity
    $990,000
    6,925 SF

    Versailles Multifamily Investment Opportunity

    Well-maintained 5-unit property near Bluegrass Parkway in Versailles, KY.

    502 Tecumseh Trail, Versailles, KY 40383
    View details
    Paris, KY Mixed-Use Property
    $750,000
    3,066 SF

    Paris, KY Mixed-Use Property

    Highly visible mixed-use property with retail and apartment spaces.

    5761 Lexington Road, Paris, KY 40361
    View details
    Paris, KY Townhome Apartments
    $920,000
    8,800 SF

    Paris, KY Townhome Apartments

    Eight-unit townhome-style apartment complex in Paris, Kentucky.

    117 Bradford Dr, Paris, KY 40361
    View details

    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
    View details
    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
    View details
    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
    View details
    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

    Off-Market Properties in Lexington, KY

    Consider similar Off-Market properties in Lexington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4070 Victoria Way
    APARTMENT HOUSE (UNDER 5 UNITS)
    24,120 SF Lot: 7.00 Acres
    Value Estimation by Request

    4070 Victoria Way, Lexington, KY 40515-4658

    View details
    2961 Winter Gdn
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,660 SF Lot: 0.19 Acres
    Value Estimation by Request

    2961 Winter Gdn, Lexington, KY 40517-2285

    View details
    2800 Ryan Cir
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,200 SF Lot: 0.19 Acres
    Value Estimation by Request

    2800 Ryan Cir, Lexington, KY 40509-2234

    View details
    406 6th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,822 SF Lot: 0.11 Acres
    Value Estimation by Request

    406 6th St, Lexington, KY 40508-1647

    View details
    109 Withers Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,665 SF Lot: 0.17 Acres
    Value Estimation by Request

    109 Withers Ave, Lexington, KY 40505-3279

    View details
    2905 Winter Gdn
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,168 SF Lot: 0.28 Acres
    Value Estimation by Request

    2905 Winter Gdn, Lexington, KY 40517-2299

    View details
    2817 Snow Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,444 SF Lot: 0.23 Acres
    Estimated value
    $600,000

    2817 Snow Rd, Lexington, KY 40517-2255

    View details
    4004 Expo Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,344 SF Lot: 0.30 Acres
    Estimated value
    $600,000

    4004 Expo Ct, Lexington, KY 40515-4802

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    135 York St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,488 SF Lot: 0.14 Acres
    Value Estimation by Request

    135 York St, Lexington, KY 40508-1812

    View details
    1857 Gerald Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,132 SF Lot: 0.27 Acres
    Value Estimation by Request

    1857 Gerald Dr, Lexington, KY 40511-1430

    View details
    247 Stone Ave, Unit 249
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,000 SF Lot: 0.17 Acres
    Estimated value
    $5,150,000
    Unit 249

    247 Stone Ave, Lexington, KY 40508-2629

    View details
    245 Stone Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    441 SF Lot: 0.17 Acres
    Estimated value
    $5,150,000

    245 Stone Ave, Lexington, KY 40508-2629

    View details
    207 Maxwell St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,951 SF Lot: 0.11 Acres
    Estimated value
    $5,150,000

    207 Maxwell St, Lexington, KY 40508-2687

    View details
    231 Maxwell St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,221 SF Lot: 0.16 Acres
    Estimated value
    $5,150,000

    231 Maxwell St, Lexington, KY 40508-2657

    View details
    215 Maxwell St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,381 SF Lot: 0.23 Acres
    Estimated value
    $5,150,000

    215 Maxwell St, Lexington, KY 40508-3001

    View details
    201 Maxwell St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,380 SF Lot: 0.09 Acres
    Estimated value
    $5,150,000

    201 Maxwell St, Lexington, KY 40508-2688

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    430 Douglas Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,120 SF Lot: 0.17 Acres
    Value Estimation by Request

    430 Douglas Ave, Lexington, KY 40508-1086

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    321 Clay Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,843 SF Lot: 0.14 Acres
    Value Estimation by Request

    321 Clay Ave, Lexington, KY 40502-2169

    View details
    1512 Fontaine Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    9,966 SF Lot: 0.30 Acres
    Value Estimation by Request

    1512 Fontaine Rd, Lexington, KY 40502-1930

    View details
    254 Willard St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,024 SF Lot: 0.15 Acres
    Estimated value
    $1,075,000

    254 Willard St, Lexington, KY 40508-2464

    View details

    Lexington, KY Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Lexington, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 41,516 square feet of properties for sale, with an estimated market value of $8,749,900.

    Sale prices for two-family homes in Lexington, KY start at $1,049,900, averaging $2,916,633, and reaching up to $5,100,000 — 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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    Property Size Breakdown

    The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

    Demographics Overview

    Population 322K
    Population Growth (5Y) +1.0%
    Median Household Income $71,202
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    40503 $875K
    40517 $1M
    40507 $2.6M
    40502 $5.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $11.25 per sq ft
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Lexington, KY

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