Tenant-Occupied
For Sale
$179,900
225 Mousas Way, Lexington, KY 40509
A two-bedroom, 2.5-bath residence offers an established rental arrangement and a roof replaced approximately three years ago.
Property Size2,176 SF
Price / SF$82.67
Days on Market14
Property Features for 225 Mousas Way
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Duplex
Financials
Gross Income
$13,200
Average Monthly Rent
$1,100
Units
Unit Mix
1 x 2BR/2.5BA
Multifamily Units
1
Additional Details
Tenant in Place
Yes
Building Details
Building Size
2,176 SF
Year Built
2000
Buildings
1
Tenancy
Single
Listing Agency:
Bluegrass Property Exchange
Listed By:
Lesley Moore
(859) 396-8359
Source:
Horseandhomeestates
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 26 at 3:52PM
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 Property Exchange
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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 tenant-occupied duplex property includes a two-bedroom, 2.5-bath townhouse with 1,088 square feet of living area. The roof was replaced approximately three years ago.
The property is in Todds Station in Lexington, near Richmond Road and New Circle Road, with shopping and dining in the surrounding area.
The property is in Todds Station in Lexington, near Richmond Road and New Circle Road, with shopping and dining in the surrounding area.
Key Highlights
- Tenant‑occupied duplex property
- 2‑bedroom, 2.5‑bath townhouse with 1,088 square feet of living space
- Roof replacement completed approximately 3 years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,116
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,320
$322.3K
Cap Rate 7%
$230,229
$230.2K
Cap Rate 9%
$179,067
$179.1K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$30.8K $14.16/SF
− Vacancy
−$1.5K −$0.69/SF
EGI
$29.3K $13.47/SF
− OpEx
−$13.2K −$6.06/SF
NOI
$16.1K $7.41/SF
Area
ZIP 40509
Vacancy
4.90%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,320
Cap Rate 7%
$230,229
Cap Rate 9%
$179,067
Alternative Uses
Best Use
Multifamily LT 5
$258.9K
$226.6K – $302.1K
NOI $18,124 @ 7.0% cap · market cap 10.07%
Second Best
Apartment 5plus
$230.2K
$201.5K – $268.6K
NOI $16,116 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$453.4K
$396.7K – $528.9K
NOI $31,735 @ 7.0% cap · market cap 17.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,397
Businesses Nearby
Explore this area
Business Placement
Demographics for 40509, KY
44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A two-bedroom, 2.5-bath residence offers an established rental arrangement and a roof replaced approximately three years ago.
Where is this duplex located?
The property is located at 225 Mousas Way Lexington, KY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Tenant‑occupied duplex property; 2‑bedroom, 2.5‑bath townhouse with 1,088 square feet of living space; Roof replacement completed approximately 3 years ago
