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    3509 Honey Jay Ct Lexington, KY 40517

    Sponsored
    For Sale
    Pending
    $239,000

    MULTI_FAMILY - Lexington, KY

    Property size:
    1,672 SF
    Lot size:
    0.18 Acres
    Days on Market:
    15
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 3509 Honey Jay Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-1T
    Rooms
    Laundry Room, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    17289635
    Parking
    2
    Size
    1,672 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Heat Pump

    Building Details

    Year built
    1975
    Floors in Building
    1
    Number of units
    2
    Roof type
    Composition

    United Real Estate Lexington KY (859) 396-6706 [email protected]

    Listing agent Debra Fister (859) 533-6594

    Listing date Dec 24, 2025

    MLS# 25508297 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

    Lexington Duplex with Income Potential

    This listing features a duplex located in Lexington, Kentucky, consisting of two units at 3509 and 3513 Honey Jay Court. The units have separate PVA numbers but are being sold together. Each unit contains 2 bedrooms and 1 bath, along with laundry facilities. The property size is 1672 square feet and the lot size is 0.1808 acres. The zoning is R-1T. Current rents are under-market, with rates established in 2021. Unit 3509 is leased until July 2026 at $850 per month, while unit 3513 operates on a month-to-month lease at $800 per month. The hot water heater in 3513 was replaced in the summer of 2025, while the hot water heater in 3509 was replaced approximately 7 years ago. The furnaces and AC units in both units are also approximately 7 years old. Storm windows were installed in October 2024. Flooring in both units was installed approximately 5 years ago. Unit 3509 has a new bath. The units are under a Terminex contract and, according to the occupants, there are currently no pests.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.476671
    Latitude
    37.97987

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    FAQs

    What type of property is this?
    Duplex - Duplex in Lexington, KY with under-market rents.
    Where is this duplex located?
    The property is located at 3509 Honey Jay Ct Lexington, KY.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - Duplex with two units to be sold together.; - Potential for increased rental income (current rents under-market).; - Each unit has 2 bedrooms, 1 bath, and laundry.
    (859) 533-6594
    Request Owner's contact information
    3509 Honey Jay Ct Lexington, KY 40517
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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
    3509 Honey Jay Ct Lexington, KY 40517
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