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8-Unit Duplex Portfolio
For Sale
$750,000

160 Cardinal Dr, Lancaster, KY 40444

Four duplexes contain eight rental homes, each with a two-bedroom, one-bath layout.

Property Size832 SF
Price / SF$901.44
Days on Market16

Property Features for 160 Cardinal Dr

General Information

Standard status Active
Size 832 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Building Details

Buildings 4
Listing Agency: Cornerstone Realty & Auction
Listed By: Deonica D Asbery · License #262947
Source: Exprealty
Added: Oct 2 Changed: Oct 16 Last Checked: Oct 16 at 2:29PM

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 Cornerstone Realty & Auction

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The portfolio includes four duplex properties with eight rental units in total. Each unit has two bedrooms and one bathroom, and all eight are currently leased. The properties are located in Lancaster, Kentucky, and are offered together as one multifamily package.

Key Highlights

  • Four duplex properties offered together
  • Eight rental units; all currently leased
  • Each unit has 2 bedrooms and 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Big Box & Wholesale Store Real Estate Agency Hair Salon Garden Center

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

Demographics for 40444, KY

14,075
Population
6,096
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
159.5 sq mi
ZIP Area
88
Density / Sq Mi
$62,324
Median Household Income
$40,473
Median Earnings
$785
Median Rent
$194,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Four duplexes contain eight rental homes, each with a two-bedroom, one-bath layout.
Where is this duplex located?
The property is located at 160 Cardinal Dr Lancaster, KY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four duplex properties offered together; Eight rental units; all currently leased; Each unit has 2 bedrooms and 1 bath
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