All-Brick Duplex
2004-2006 Writt Court Lexington, KY 40505
2004-2006 Writt Court, Lexington, KY, 40505
$289,000
For Sale
$289,000
MULTI_FAMILY - Lexington, KY
Property Size1,932 SF
Lot Size0.26 Acres
Price / SF$149.59
Days on Market18
Property Features for 2004-2006 Writt Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-1
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Laundry Room, Bathroom 2, Bedroom 2
- Standard status
- Active
- APN
- 11060500
- Size
- 1,932 SF
- Lot size
- 0.26 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing Agency
Bluegrass Rental Management LLC
KY
Listed by
Dylan Palmer
(714) 403-9465
Added: Jun 30 Checked: Jul 17 at 6:06 pm
MLS# 26018459
Listing URL
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 all-brick duplex includes two residential units. Each side features a living room and kitchen with the stove and refrigerator staying with the unit. The layout also provides two bedrooms, a full bath, and washer/dryer hook-ups.
The property is located on Writt Court in Lexington, Kentucky, within Fayette County and listed under R-1 zoning. The public remarks note it is situated on a quiet court and provides access near I-75 and I-64.
Each unit is configured with the same core room arrangement, including two bedrooms and washer/dryer hook-ups, making it a straightforward income-producing duplex setup.
The property is located on Writt Court in Lexington, Kentucky, within Fayette County and listed under R-1 zoning. The public remarks note it is situated on a quiet court and provides access near I-75 and I-64.
Each unit is configured with the same core room arrangement, including two bedrooms and washer/dryer hook-ups, making it a straightforward income-producing duplex setup.
Key Highlights
- All‑brick duplex built in 1965
- Natural gas heat and central air cooling
- Each unit includes a living room and kitchen with stove and refrigerator staying with the unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.1k | $12.48 |
| − Vacancy | −$1.2k | −$0.61 |
| EGI | $22.9k | $11.87 |
| − OpEx | −$6.9k | −$3.56 |
| NOI | $16.1k | $8.31 |
1,932 SF · lease $12.48/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$229.3K
$200.6K – $267.5K
NOI $16,051 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$208.0K
$182.0K – $242.7K
NOI $14,561 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$402.5K
$352.2K – $469.6K
NOI $28,177 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - All-brick duplex offering two units, each with two bedrooms, a full bath, and living room and kitchen.
Where is this duplex located?
The property is located at 2004-2006 Writt Court Lexington, KY.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: All‑brick duplex built in 1965; Natural gas heat and central air cooling; Each unit includes a living room and kitchen with stove and refrigerator staying with the unit
