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    201 Danville St Lancaster, KY 40444

    Sponsored
    For Sale
    $499,500

    MULTI_FAMILY - Lancaster, KY

    Property size:
    3,400 SF
    Lot size:
    0.34 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 201 Danville St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1A
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Laundry Room, Bathroom 2, Bedroom 2, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    Parking
    10
    Size
    3,400 SF
    Lot size
    0.34 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Electric, Heat Pump

    Building Details

    Floors in Building
    2
    Number of units
    4
    Roof type
    Shingle

    Charles Collins Real Estate 8859446

    Listing agent Bobby Perkins (859) 338-5449

    Listing date Jan 7, 2026

    MLS# 26000426 Listing URL

    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

    Lancaster Multifamily Investment Opportunity

    This multifamily property in Lancaster, Kentucky, features four units that were renovated approximately two years ago. The renovations included the replacement of all four heat pumps, a new roof, a new back deck, a remodeled foyer, repaving of the parking lot, and new carpet and paint. Each unit is equipped with a range and refrigerator. The property is located one block from food, shops, and the new courthouse. The lot size is 0.34 acres, and the property size is 3400 square feet. The zoning is R-1A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Garrard
    State
    Kentucky
    Longitude
    -84.580575
    Latitude
    37.61934

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    FAQs

    What type of property is this?
    Quadplex - Four renovated units near shops and courthouse in Lancaster, Kentucky.
    Where is this quadplex located?
    The property is located at 201 Danville St Lancaster, KY.
    What is the asking price?
    The asking price for this property is $499,500.
    What are key features of this property?
    This property features: - Fully renovated units approximately 2 years ago.; - New roof and repaved parking lot.; - New heat pumps in all 4 units.
    (859) 338-5449
    Request Owner's contact information
    201 Danville St Lancaster, KY 40444
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    Lancaster, KY 40444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Danville St Lancaster, KY 40444
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