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1640 Nicholasville Road Lexington, KY 40503

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For Sale
$775,000

MULTI_FAMILY - Lexington, KY

Property size:
4,097 SF
Lot size:
0.69 Acres
Added:
Apr 9, 2026
Days on Market:
4
Last Refresh:
Apr 12 at 5:06 pm

Property Features for 1640 Nicholasville Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
8
Rooms
Bathroom 5, Bathroom 1, Bathroom 3, Bedroom 8, Bathroom 4, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 6, Laundry Room, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5
Standard status
Active
APN
10028140, 10028150, 10028160, 10028170
Size
4,097 SF
Lot size
0.69 Acres

Utilities

Heating system
Heat Pump (Heating), Natural Gas
Cooling system
Central Air, Electric, Heat Pump, Ceiling Fan(s)

Building Details

Year built
1985
Floors in Building
3
Number of units
4
Roof type
Shingle

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Listing Contact
Jon Bentley
Jon Bentley

Listing agent Jon Bentley

Listing office Keller Williams Commonwealth 1908 Bryant Rd Suite 250, Lexington, KY

Listing date Apr 9, 2026

MLS# 26007439

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Updated Four-Unit Apartment Complex

This updated four-unit apartment complex presents a rare investment opportunity in Lexington, Kentucky. Ideally located next to Central Baptist Hospital and just over a mile from the University of Kentucky, the property benefits from strong rental demand and excellent convenience. Each unit features 2 bedrooms and 2 full baths, along with spacious living rooms that provide comfortable gathering space. The ample kitchens include 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 on-site paved parking lot, a valuable amenity in this highly sought-after area. The property, situated on a 0.688-acre lot, has a total area of 4097 square feet. This low-maintenance, income-producing asset is perfect for investors looking to expand their portfolio.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Wildcat Dental Lab Dental Office Trinler & Rolph PSC Dental Office Chandler James a DDS Dental Office Dr. William J. ... Dental Office Adkins Dental Office

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.511111
Latitude
38.020359

FAQs

What type of property is this?
Quadplex - Prime Lexington location near hospital and university with strong rental demand.
Where is this quadplex located?
The property is located at 1640 Nicholasville Road Lexington, KY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Prime Lexington location next to Central Baptist Hospital and close to the University of Kentucky, ensuring strong rental demand.; Four updated units, each with 2 bedrooms and 2 full baths, providing desirable living spaces for tenants.; Located on the third floor of a professional office building, offering added privacy and a unique mixed‑use environment.
More about this property
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