Residential Income
For Sale
$114,900
415 Chestnut Street, Lexington, KY 40508
MULTI_FAMILY - Lexington, KY
Property Size3,780 SF
Lot Size0.09 Acres
Price / SF$30.40
Days on Market105
Property Features for 415 Chestnut Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1
Subdivision
Downtown
Elementary school
William Wells Brown
Middle school
Lexington Trad
High school
Lafayette
Elementary school district
Fayette County - 1
Middle school district
Fayette County - 1
High school district
Fayette County - 1
Directions
From downtown, take Elm Tree Ln to 3rd St, make a right on 3rd. Left on Chestnut, house is on the left after stop sign at 4th St.
Standard status
Active
APN
11076800
Size
3,780 SF
Lot size
0.09 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1910
Roof type
Shingle
Listing Agency:
CENTURY 21 Advantage Realty
(859) 721-0121
Listed By:
Sharon Angelina A Allen
(859) 797-1491
Added: Apr 24
Changed: Jul 25
Last Checked: Aug 6 at 7:06PM
MLS# 26009064
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 turnkey residential income duplex is set up as a ready-to-operate property and is currently producing $1,200/month in rental income. The property comprises approximately 3,780 square feet on a 0.09-acre lot.
Located at 415 Chestnut Street in Lexington, Kentucky 40508, the duplex sits within R-1 zoning in Fayette County.
The listing is presented as an investment opportunity, with the ability to add up to four additional properties to expand the offering for cash-flow-focused investors.
Located at 415 Chestnut Street in Lexington, Kentucky 40508, the duplex sits within R-1 zoning in Fayette County.
The listing is presented as an investment opportunity, with the ability to add up to four additional properties to expand the offering for cash-flow-focused investors.
Key Highlights
- Heat pump heating and cooling
- Built in 1910
- Roof: shingle
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,626
Businesses Nearby
Explore this area
Business Placement
Demographics for 40508, KY
25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
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?
Duplex - Turnkey duplex in R-1 zoning, currently producing $1,200/month in rental income.
Where is this duplex located?
The property is located at 415 Chestnut Street Lexington, KY.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Heat pump heating and cooling; Built in 1910; Roof: shingle
