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7-Unit Multifamily Property

1648 ALEXANDRIA DR, Lexington, KY 40504

For Sale
Contact for pricing

The property is configured as a seven-unit residential asset.

Property SizeContact for details
Days on Market16

Property Features for 1648 ALEXANDRIA DR

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood Gardenside Nghd Assoc
Highway Access Yes

Additional Details

Multifamily Units 7
Listing Agency: Haymaker Commercial Real Estate
Listed By: Zach Miller · License KY #266663
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 12 at 4:51AM

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 Haymaker Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

Located at 1648 Alexandria Dr. in Lexington, Kentucky, this multifamily property contains seven units.

Key Highlights

  • Seven‑unit multifamily configuration

Property Analytics

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Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

506
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Lexington, KY

$167 Jul
$215 Aug
$203 Sep
$202 Oct

Properties on Market for Multifamily properties in Lexington

Jul
Aug
Sep
Oct

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?
Multifamily property - The property is configured as a seven-unit residential asset.
Where is this multifamily property located?
The property is located at 1648 ALEXANDRIA DR Lexington, KY.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Seven‑unit multifamily configuration
(704) 516-6071 · Office Call to check price and availability
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