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    430 Morgan Ave Lexington, KY 40505

    For Sale
    $195,000

    MULTI_FAMILY - Lexington, KY

    Lot size:
    0.14 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 430 Morgan Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 2
    Bedrooms
    3
    Bathrooms
    3
    APN
    12341700
    Parking
    5
    Parking features
    Open
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Electric (Heating), Zoned
    Cooling system
    Electric, Zoned

    Building Details

    Year built
    1922
    Floors in Building
    1
    Number of units
    3

    Mayca Property Solutions (859) 667-3436

    Listing agent Sarah May (859) 667-3436

    Listing date Sep 12, 2025

    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

    Lexington Triplex: Investment Opportunity

    This triplex located in Lexington, KY, features three units, each with one bedroom and one bathroom. Designed for easy maintenance and consistent rental income, the property presents an opportunity for both first-time and experienced investors. Each unit offers efficient layouts, strong tenant appeal, and separate entrances. The 0.138-acre lot contains a property with potential for long-term appreciation. The owner is responsible for all utilities. The property is being sold in as-is condition, and inspections are welcome. The property is located in Fayette County, with postal code 40505.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness 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
    -84.469201
    Latitude
    38.057194

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    FAQs

    What type of property is this?
    Triplex - Triplex in Lexington, KY with three 1 bed/1 bath units.
    Where is this triplex located?
    The property is located at 430 Morgan Ave Lexington, KY.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Triplex with three 1 bed / 1 bath units designed for easy upkeep and consistent rental income.; - Strong tenant appeal with efficient layouts and separate entrances for each unit.; - Opportunity to add value and potential for long-term appreciation.
    (859) 667-3436
    Request Owner's contact information
    430 Morgan Ave Lexington, KY 40505
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    Lexington, KY 40505
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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
    430 Morgan Ave Lexington, KY 40505
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