Well-Maintained Quadplex
For Sale
$450,000
201 Danville Street, Lancaster, KY 40444
MULTI_FAMILY - Lancaster, KY
Property Size3,400 SF
Lot Size0.34 Acres
Price / SF$132.35
Days on Market47
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
Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 6, Laundry Room, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 4
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), Natural Gas, Electric (Heating)
Cooling system
Heat Pump, Electric
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: Aug 3
Last Checked: Sep 1 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 well-maintained quadplex is designed for practical, low-maintenance ownership, with multiple recent upgrades. Improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a remodeled foyer.
The property sits on a paved parking lot and is located near shopping, restaurants, schools, and other local amenities in Lancaster, KY.
With four residential units under an R-3 zoning designation, the building offers an income-producing configuration with added convenience from on-site parking.
The property sits on a paved parking lot and is located near shopping, restaurants, schools, and other local amenities in Lancaster, KY.
With four residential units under an R-3 zoning designation, the building offers an income-producing configuration with added convenience from on-site parking.
Key Highlights
- Quadplex with multiple bedrooms and bathrooms, including 8 bedrooms and 4 bathrooms listed among the rooms
- Recent 3‑year‑old roof
- New Rheem heat pump system and available heating options include heat pump, natural gas, and electric
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
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 - Well-maintained quadplex with a 3-year-old roof, new heat pump system, remodeled foyer, and paved parking lot.
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 multiple bedrooms and bathrooms, including 8 bedrooms and 4 bathrooms listed among the rooms; Recent 3‑year‑old roof; New Rheem heat pump system and available heating options include heat pump, natural gas, and electric
