Search
Updated Quadplex with Paved Parking
For Sale
$450,000

201 Danville St, Lancaster, KY 40444

Four-unit income property with recent mechanical, exterior, and common-area improvements.

Property Size3,400 SF
Price / SF$132.35
Days on Market47

Property Features for 201 Danville St

General Information

Standard status Active
Size 3,400 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Amenities

newly constructed back deck
paved parking lot

Building Details

Year Built 9999
Buildings 1
Listing Agency: Danny Ayres Realty & Auction
Listed By: Nicole Ellington · License #276786
Source: Centralkentuckyhouses
Added: Jul 13 Changed: Aug 28 Last Checked: Aug 28 at 12:24PM

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 Danny Ayres Realty & Auction

Investment Insights

Based on property information with market context.

This 3,400-square-foot quadplex offers four residential units supported by a series of recent improvements. The property has a 3-year-old roof, a new Rheem heat pump system, a newly built back deck, and a remodeled foyer. A paved parking lot provides on-site parking with a durable, low-maintenance surface.

Located at 201 Danville St in Lancaster, Kentucky, the property is close to shopping, restaurants, schools, and other local amenities. The combination of updated building components, improved shared areas, and income-producing residential use creates a practical multifamily asset for continued ownership.

Key Highlights

  • 3,400‑square‑foot quadplex with four residential units
  • 3‑year‑old roof
  • New Rheem heat pump system

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Hair Salon Auto Parts Store Kitchen & Bath Showroom Plumbing Service

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

307
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit income property with recent mechanical, exterior, and common-area improvements.
Where is this quadplex located?
The property is located at 201 Danville St Lancaster, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,400‑square‑foot quadplex with four residential units; 3‑year‑old roof; New Rheem heat pump system
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message