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4-Unit Multifamily Property
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115 Delmont Dr, Lexington, KY 40504

Individually metered residences include detached garages and off-street parking for every unit.

Property Size3,600 SF
Lot Size0.34 Acres
Days on Market131

Property Features for 115 Delmont Dr

General Information

Standard status Active
Size 3,600 SF
Lot size 0.34 Acres
Property subtype Multifamily

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4

Building Details

Year Built 1950
Listing Agency: Block + Lot
Listed By: Alaina Stokes · License #KY 74753
Source: Crexi
Added: Apr 24 Changed: Aug 29 Last Checked: Aug 29 at 7:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block + Lot

Investment Insights

Based on property information with market context.

Constructed in 1950, this 4-unit multifamily property contains 3,600 square feet on 0.344 acres. Each residence measures 800 square feet and includes two bedrooms, one bathroom, a kitchen, dining area, living room, and hardwood flooring. Every unit also has a detached garage. Utilities are separately metered and paid by tenants, while off-street parking serves all four residences.

The property is situated on a residential street in Lexington, with access to New Circle Road, downtown Lexington, and commercial amenities along Versailles Road. It may be acquired individually or as part of a 60-unit multifamily portfolio that also includes properties in Lexington and Danville.

Key Highlights

  • 4‑unit multifamily property built in 1950
  • 3,600 square feet on 0.344 acres
  • Each 800‑square‑foot unit has two bedrooms and one bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Nail Salon Dental Office Real Estate Agency Parking Lot & Garage Pharmacy HVAC Service

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

Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

468
Businesses Nearby

Demographics for 40504, KY

26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Individually metered residences include detached garages and off-street parking for every unit.
Where is this quadplex located?
The property is located at 115 Delmont Dr Lexington, KY.
What are key features of this property?
This property features: 4‑unit multifamily property built in 1950; 3,600 square feet on 0.344 acres; Each 800‑square‑foot unit has two bedrooms and one bathroom
(859) 801-8038 Call to check price and availability
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