12-Unit Apartment
1801-1805 Gerald Drive, Lexington, KY 40511
For Sale
Contact for pricing
Each residence has two bedrooms, one bathroom, individual metering, and updated electrical and HVAC systems.
Property SizeContact for details
Days on Market27
Property Features for 1801-1805 Gerald Drive
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Building Details
Buildings
Listing Agency:
Bluegrass Sotheby's International Realty Lexington
Listed By:
Jimmy Turek · License KY #216197
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 10 at 5:58AM
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 Bluegrass Sotheby's International Realty Lexington
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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.
This apartment property comprises two buildings at 1801 and 1805 Gerald Drive in Lexington. Across the 12 residences, the unit mix is consistent: each has two bedrooms and one bathroom, for a total of 24 bedrooms and 12 bathrooms. Electrical systems and HVAC have been updated, and each unit is individually metered.
Key Highlights
- Two apartment buildings with 12 units total
- Each unit has 2 bedrooms and 1 bathroom
- 24 bedrooms and 12 bathrooms across the property
Property Analytics
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has two bedrooms, one bathroom, individual metering, and updated electrical and HVAC systems.
Where is this apartment building located?
The property is located at 1801-1805 Gerald Drive Lexington, KY.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: Two apartment buildings with 12 units total; Each unit has 2 bedrooms and 1 bathroom; 24 bedrooms and 12 bathrooms across the property
