201-235 Woodland Ave 473-477 East Maxwell 488-498 East High Street Lexington, KY 40502

Listing agency NAI Isaac a***@naiisaac.com Show Phone

Listed by Al Isaac · License #KY #223721 Show Phone

Source Naiglobal

Added: Nov 21, 2025 Updated: Jul 6 at 8:39AM Checked: May 11 at 7:20AM

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Investment Insights

Based on property information with market context.

This multi-family and commercial mixed-use investment portfolio is located in Lexington, in a prime area near the University of Kentucky, specifically East High and East Maxwell Streets. The portfolio comprises multiple residential and commercial properties situated within four blocks of the University of Kentucky's main campus, which has over 31,800 students and 14,000 employees. The properties are located within close proximity to downtown Lexington. The residential properties are situated off Euclid Ave and Woodland Ave near the W.T. Young Main Library. Kroger and Chevy Chase shopping area with banks (ATMs), drug stores, Starbucks, Domino's pizza, etc. are all within walking distance. Located in one of Lexington's wealthiest zip codes. The properties are zoned B-1 (Neighborhood Business), P-1 (Professional Office) and R-3 (Planned Neighborhood Residential). Most of the property is not located in the Historic Overlay zone, so building modifications or new construction are permitted in accordance to the zoning ordinance. The portfolio's net operating income (NOI) is $273,891.

Key Highlights

• Prime location within four blocks of the University of Kentucky main campus.
• Mixed‑use investment portfolio including both multi‑family and commercial properties.
• Strong income potential with a NOI of $273,891.

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FAQs

What type of property is this?

Mixed-use property - Multi-family and commercial properties near the University of Kentucky.

Where is this mixed-use property located?

The property is located at 201-235 Woodland Ave 473-477 East Maxwell 488-498 East High Street Lexington, KY.

What is the asking price?

The asking price for this property is $3,595,000.

What are key features of this property?

This property features: Prime location within four blocks of the University of Kentucky main campus.; Mixed‑use investment portfolio including both multi‑family and commercial properties.; Strong income potential with a NOI of $273,891.