Updated Quadplex with Paved
For Sale
$450,000
201 Danville Street, Lancaster, KY 40444
Residential Income, Lancaster, KY
Property Size3,400 SF
Lot Size0.34 Acres
Price / SF$132.35
Days on Market72
Property Features for 201 Danville Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-3
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Laundry Room, Bathroom 3, Bedroom 3, Bedroom 2
Parking
10
Subdivision
Downtown
Elementary school
Lancaster
Middle school
Lancaster
High school
Garrard Co
Elementary school district
Garrard County - 23
Middle school district
Garrard County - 23
High school district
Garrard County - 23
Directions
from 27 south turn right onto Danville street and in 500 feet the destination is on your left
Standard status
Active
APN
L2-07-002
Size
3,400 SF
Lot size
0.34 Acres
Utilities
Utilities
Water Available
Heating system
Heat Pump (Heating), Electric (Heating), Natural Gas
Cooling system
Electric, Heat Pump
Amenities
paved parking lot
back deck
Building Details
Floors in Building
2
Number of units
4
Roof type
Shingle
Listing Agency:
Danny Ayres Realty & Auction
(859) 792-4025
Listed By:
Nicole Ellington · License #276786
(859) 329-9425
Added: Jul 17
Changed: Sep 12
Last Checked: Sep 26 at 2:06PM
MLS# 26018979
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 quadplex contains 3,400 square feet on a 0.337-acre lot and is zoned R-3. The property includes eight bedrooms, four bathrooms, a laundry room, a paved parking lot, and a back deck. Recent improvements include a 3-year-old shingle roof, a new Rheem heat pump system, and a remodeled foyer. Heating is provided by heat pump, electric, and natural gas systems, with electric and heat pump cooling.
Located at 201 Danville Street in Lancaster, the property is near shopping, restaurants, schools, and other local amenities. Water is available, and the paved parking area provides an on-site parking improvement for the four-unit configuration.
Located at 201 Danville Street in Lancaster, the property is near shopping, restaurants, schools, and other local amenities. Water is available, and the paved parking area provides an on-site parking improvement for the four-unit configuration.
Key Highlights
- Quadplex with 3,400 square feet of property size
- 0.337‑acre lot zoned R‑3
- Eight bedrooms and four bathrooms
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with recent mechanical and exterior improvements in Lancaster.
Where is this quadplex located?
The property is located at 201 Danville Street 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: Quadplex with 3,400 square feet of property size; 0.337‑acre lot zoned R‑3; Eight bedrooms and four bathrooms
