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Fully Leased Duplex
For Sale
$399,000
Pending

412 Woodview Drive, Lexington, KY 40515

MULTI_FAMILY - Lexington, KY

Property Size3,560 SF
Lot Size0.26 Acres
Days on Market9

Property Features for 412 Woodview Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 5
Subdivision Cove Lake
Elementary school Julius Marks
Middle school Edythe J. Hayes
High school Henry Clay
Elementary school district Fayette County - 1
Middle school district Fayette County - 1
High school district Fayette County - 1
Directions Man O' War, Right on East Hills, Left on Woodview.
Standard status Pending
APN 26128147
Size 3,560 SF
Lot size 0.26 Acres

Utilities

Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump, Electric

Building Details

Year built 1978
Number of units 2
Listing Agency: The Real Estate Group
Listed By: Crystal Towe · License #68013
Added: Jul 29 Changed: Aug 5 Last Checked: Aug 6 at 6:06PM
MLS# 26020196

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.

412 Woodview Drive in Lexington, KY 40515 is a fully leased duplex offering two separate units, each with three bedrooms and two full bathrooms. The property went through a remodel in 2021, including new flooring, new paint, updated fixtures, and remodeled bathrooms. Built in 1978, the duplex totals 3,560 square feet on a 0.2583-acre lot and is heated and cooled by heat pump and electric systems.

The property is zoned R-3 and is presented as a turn-key income-producing duplex with tenants already in place.

For investors seeking an owner-occupied “house hack” or a straightforward addition to a rental portfolio, this duplex provides two well-defined living layouts with established occupancy.

Key Highlights

  • Fully leased duplex with tenants in place
  • Two units, each with 3 bedrooms and 2 full bathrooms
  • Remodeled in 2021 with new flooring, paint, fixtures, and remodeled bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

Demographics for 40515, KY

36,244
Population
16,031
Households
2.3
Avg Household Size
38
Median Age
53%
College-Educated
96%
High-School Grad
55.3 sq mi
ZIP Area
655
Density / Sq Mi
$83,782
Median Household Income
$43,127
Median Earnings
$1,234
Median Rent
$317,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully leased duplex zoned R-3 with two 3-bedroom, two-bath units; remodeled in 2021.
Where is this duplex located?
The property is located at 412 Woodview Drive Lexington, KY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully leased duplex with tenants in place; Two units, each with 3 bedrooms and 2 full bathrooms; Remodeled in 2021 with new flooring, paint, fixtures, and remodeled bathrooms
More about this property
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