Residential
136 Halls Lane, Lexington, KY 40504
For Sale
$235,000
Residential Income, Lexington, KY
Property Size1,537 SF
Lot Size0.21 Acres
Price / SF$152.90
Days on Market45
Property Features for 136 Halls Lane
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Building Details
Year built
Listing Agency:
Calumet Realty
Listed By:
Steve Christensen · License KY #185137
(859) 420-6090
Added: Oct 1
Changed: Nov 13
Last Checked: Nov 14 at 12:06AM
MLS# 26031281
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.
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Investment Insights
Based on property information with market context.
This residential duplex contains 1,537 square feet, with four bedrooms and two bathrooms. Built in 1965, it has central air conditioning and forced-air heating. The property occupies a 0.206-acre lot and is zoned R-2.
The location provides access to the University of Kentucky, downtown, shopping, dining, parks, and major commuter routes.
The location provides access to the University of Kentucky, downtown, shopping, dining, parks, and major commuter routes.
Key Highlights
- 1,537 square feet of property space
- Four bedrooms and two bathrooms
- 0.206‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,769
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,380
$255.4K
Cap Rate 7%
$182,414
$182.4K
Cap Rate 9%
$141,878
$141.9K
Market Conditions
NOI Build-Up for 1,537 SF
Gross rent
$19.2K $12.48/SF
− Vacancy
−$940 −$0.61/SF
EGI
$18.2K $11.87/SF
− OpEx
−$5.5K −$3.56/SF
NOI
$12.8K $8.31/SF
Area
Lexington, KY
Vacancy
4.90%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,380
Cap Rate 7%
$182,414
Cap Rate 9%
$141,878
Alternative Uses
Best Use
Multifamily LT 5
$182.4K
$159.6K – $212.8K
NOI $12,769 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$165.5K
$144.8K – $193.1K
NOI $11,584 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$320.2K
$280.2K – $373.6K
NOI $22,416 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
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
$209,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Lexington, KY
Properties on Market for Duplexes in Lexington
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes central air conditioning and forced-air heating.
Where is this duplex located?
The property is located at 136 Halls Lane Lexington, KY.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1,537 square feet of property space; Four bedrooms and two bathrooms; 0.206‑acre lot
