Duplex Student Housing
241 Kentucky Ave Lexington, KY 40502
For Sale
Contact for pricing
Pending
Duplex with front 3-bedroom unit and back 4-bedroom unit, currently 100% leased including the 2020-21 school year.
Days on Market108
Property Features for 241 Kentucky Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
SVN | Stone Commercial Real Estate
(859) 264-0888
Listed By:
Justin Ryder · License #KY 245 461
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 26 at 12:59PM
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 SVN | Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
This duplex property includes two separate residential units: Unit A is a 3-bedroom configuration located in the front of the building, and Unit B is a 4-bedroom configuration located in the back. Current reported income is $1,500 per month from Unit A and $1,600 per month from Unit B.
According to the listing remarks, the property is located near the University of Kentucky with walk-ability to campus, WT Young Library, and downtown. The property is reported as 100% leased now and for the 2020-21 school year.
The opportunity is being marketed as a student housing investment for buyers seeking an income-producing duplex with existing leasing in place for the upcoming school term.
According to the listing remarks, the property is located near the University of Kentucky with walk-ability to campus, WT Young Library, and downtown. The property is reported as 100% leased now and for the 2020-21 school year.
The opportunity is being marketed as a student housing investment for buyers seeking an income-producing duplex with existing leasing in place for the upcoming school term.
Key Highlights
- Duplex in Lexington, KY with a front 3‑bedroom unit (Unit A) and back 4‑bedroom unit (Unit B)
- Current monthly income: $1,500/month from Unit A and $1,600/month from Unit B
- Property is currently 100% leased and is leased for the 2020–21 school year
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with front 3-bedroom unit and back 4-bedroom unit, currently 100% leased including the 2020-21 school year.
Where is this duplex located?
The property is located at 241 Kentucky Ave Lexington, KY.
What are key features of this property?
This property features: Duplex in Lexington, KY with a front 3‑bedroom unit (Unit A) and back 4‑bedroom unit (Unit B); Current monthly income: $1,500/month from Unit A and $1,600/month from Unit B; Property is currently 100% leased and is leased for the 2020–21 school year
