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    2860 Ryan Cir Lexington, KY 40509

    New
    For Sale
    $842,500

    MULTI_FAMILY - Lexington, KY

    Property size:
    5,000 SF
    Lot size:
    0.36 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 2860 Ryan Cir

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-1
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 4, Bedroom 5, Laundry Room, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    8
    Bathrooms
    4
    APN
    38000990
    Parking
    16
    Size
    5,000 SF
    Lot size
    0.36 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Electric, Ceiling Fan(s), Central Air

    Building Details

    Year built
    1997
    Floors in Building
    2
    Number of units
    4
    Roof type
    Shingle

    The Local Agents (859) 533-2886

    Listing agent Karolina D Baker (859) 203-7676

    Listing date Dec 4, 2025

    MLS# 25504359 Listing URL

    Copyright © 2025 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

    Well-Maintained Lexington Quadplex For Sale

    This well-maintained quadplex presents an investment opportunity or owner-occupant potential. The property features four identical units, each offering 1,280 square feet of living space, with 2 bedrooms and 1 bathroom. Each unit is equipped with its own laundry facilities, electric and water meters, and all-electric appliances. The absence of an HOA contributes to lower expenses. A wheelchair-accessible elevator provides access to the second floor. The roof was replaced 3 years ago and comes with a 40-year guarantee. The HVAC heat pump system is 4 years old. Additional features include central air, security bars on first-floor windows and doors, and flood lighting throughout the hallways. Two storage buildings offer added convenience. A 5-foot steel fence secures the front of the property. Windows open for ventilation. The property is located near shopping, dining, and local parks. The lot size is 0.36 acres, and the property size is 5,000 square feet. The property is zoned R-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.445325
    Latitude
    38.009821

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    FAQs

    What type of property is this?
    Quadplex - Four identical units, low expenses, strong investment potential.
    Where is this quadplex located?
    The property is located at 2860 Ryan Cir Lexington, KY.
    What is the asking price?
    The asking price for this property is $842,500.
    What are key features of this property?
    This property features: - Four identical units, each with 2 bedrooms and 1 bath.; - Each unit has its own laundry, electric, and water meters.; - Recent roof replacement (3 years old) with a 40-year guarantee and a relatively new HVAC heat pump system (4 years old).
    (859) 203-7676
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    2860 Ryan Cir Lexington, KY 40509
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    Lexington, KY 40509
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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
    2860 Ryan Cir Lexington, KY 40509
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