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All-Brick Duplex Income Portfolio
For Sale
$800,000

1503 Roanoke Road, Lexington, KY 40504

MULTI_FAMILY - Lexington, KY

Property Size1,873 SF
Lot Size0.20 Acres
Price / SF$427.12
Days on Market55

Property Features for 1503 Roanoke Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Subdivision Gardenside
High school Dunbar
Elementary school district Fayette County - 1
Middle school district Fayette County - 1
High school district Fayette County - 1
Directions From New Circle Rd take 60 East/Versailles Rd, 0.9 miles turn right on Alexandria Drive, 0.1 mile turn left on Roanoke Road, duplex is on the right
Standard status Active
APN 15426000
Size 1,873 SF
Lot size 0.20 Acres

Utilities

Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1963
Roof type Shingle
Listing Agency: Lifstyl Real Estate
Listed By: Patrick Doyle · License #268294
Added: Jul 6 Changed: Aug 15 Last Checked: Aug 29 at 10:06AM
MLS# 26018201

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 turnkey income portfolio includes two single-family homes and one all-brick duplex. The duplex at 1503 Roanoke Road features hardwood floors throughout, with two separate sides offering 2 bedrooms and 1 bathroom each. The portfolio also includes 1104 Liggett Street, a 3BR/1.5BA single-family home, and 1693 Prairie Circle, a 2BR/2BA single-family home with a covered carport.

All three properties are located in Lexington, KY 40504, within R-2 zoning. Reported leasing arrangements include long-term and month-to-month terms across the package, with each home described as well-maintained and showing minimal deferred maintenance.

Sold as a package, this offering provides a diversified residential income mix within a single acquisition.

Key Highlights

  • Package includes 2 single‑family homes and 1 all‑brick duplex in Lexington locations.
  • 1104 Liggett Street: 1,406 SF, 3BR/1.5BA; leased at $1,750/mo.
  • 1693 Prairie Circle: 1,466 SF, 2BR/2BA; covered carport; month‑to‑month lease at $1,500/mo.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

473
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey package includes two single-family homes and an all-brick duplex with hardwood floors, all in R-2 zoning.
Where is this duplex located?
The property is located at 1503 Roanoke Road Lexington, KY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Package includes 2 single‑family homes and 1 all‑brick duplex in Lexington locations.; 1104 Liggett Street: 1,406 SF, 3BR/1.5BA; leased at $1,750/mo.; 1693 Prairie Circle: 1,466 SF, 2BR/2BA; covered carport; month‑to‑month lease at $1,500/mo.
More about this property
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