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Updated Ranch Duplex
New
For Sale
$599,000

607 Camino Drive, Lexington, KY 40502

MULTI_FAMILY - Ranch - Lexington, KY

Property Size2,562 SF
Lot Size0.16 Acres
Price / SF$233.80
Days on Market3

Property Features for 607 Camino Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 3, Bathroom 1, Laundry Room, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Den, Utility Room, Dining Room
Parking features Garage, Driveway, Off Street, Underground/Basement
Window features Window Treatments, Blinds, Insulated Windows
Interior features Eat-in Kitchen, Ceiling Fan(s)
Fencing Privacy
Fireplace 1
Basement Finished, Full
Appliances Dishwasher, Microwave, Refrigerator, Range
Subdivision Shadeland
Lot features Many Trees
Elementary school Cassidy
Middle school Morton
High school Henry Clay
Elementary school district Fayette County - 1
Middle school district Fayette County - 1
High school district Fayette County - 1
Directions From Downtown, Take Tates Creek Road, Left on Alumni Drive, First Left is Camino Drive, Home is on the left, left unit.
Standard status Active
APN 10028510
Size 2,562 SF
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1986
Floors in Building 2
Flooring type Vinyl
Building materials Brick Veneer
Architectural style Ranch
Listing Agency: The Brokerage
Listed By: Raya Rivera
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 2:06AM
MLS# 26020472

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.

Investment Insights

Based on property information with market context.

This updated ranch duplex unit is the left side of 607 Camino Drive, offering three bedrooms and three bathrooms across two levels. The main level is set up for everyday living and entertaining, with an eat-in kitchen and living space that opens to a covered, screened-in patio overlooking a private, fenced backyard.

The lower level adds flexibility with a second living area, a full bathroom, an additional bedroom, a dedicated laundry room, and a utility room. A fireplace is included, and the home is equipped with natural gas heating and central air. Appliances listed include a dishwasher, microwave, refrigerator, and range.

Constructed with brick veneer and built in 1986, the property includes a 611 sq ft two-car tandem garage, plus parking options such as driveway and off-street parking. Public water and public sewer service are provided. The unit is positioned in a connected Lexington pocket, with access to major destinations including Kroger Field, the University of Kentucky, UK Hospital, and the Arboretum, along with connectivity toward downtown and the Legacy Trail.

Key Highlights

  • Left side of a ranch duplex at 607 Camino Drive
  • Three bedrooms and three bathrooms across two levels
  • Fully updated in 2021

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.0k $12.48
− Vacancy −$1.6k −$0.61
EGI $30.4k $11.87
− OpEx −$9.1k −$3.56
NOI $21.3k $8.31
2,562 SF · lease $12.48/SF/yr · vacancy 4.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$304.1K
$266.1K – $354.8K (±1% cap)
NOI $21,285 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$275.8K
$241.4K – $321.8K (±1% cap)
NOI $19,309 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$533.8K
$467.1K – $622.8K (±1% cap)
NOI $37,365 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Law Firm Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 40502, KY

26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Three-bedroom, three-bath duplex with covered screened patio, fenced yard, and a 611 sq ft tandem garage.
Where is this duplex located?
The property is located at 607 Camino Drive Lexington, KY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Left side of a ranch duplex at 607 Camino Drive; Three bedrooms and three bathrooms across two levels; Fully updated in 2021
More about this property
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