Search
Two-Unit Student Housing Property
For Sale
Contact for pricing
Pending

418 Kentucky Ct, Lexington, KY 40502

Fully leased residential income property with separate living areas near the University of Kentucky campus.

Property SizeContact for details
Days on Market145

Property Features for 418 Kentucky Ct

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Justin Ryder · License #KY 245 461
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 10:49PM

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 two-unit residential property is configured for student housing, with four bedrooms on the first level and three bedrooms upstairs. The separate floor layouts provide distinct living arrangements within the same house, supporting its use as a multifamily income property.

Located at 418 Kentucky Ct in Lexington, the property is near the University of Kentucky, WT Young Library, downtown, and student-oriented nightlife. The source information also identifies walkable access to campus. Both units are currently leased, and the upstairs unit is pre-leased for the 2020–21 school year.

Key Highlights

  • Two‑unit house configured for student housing
  • Four bedrooms on the first floor and three bedrooms upstairs
  • 100% leased at the time of listing

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Auto Parts Store Home Appliance Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

3,466
Businesses Nearby

Demographics for 40502, KY

26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Fully leased residential income property with separate living areas near the University of Kentucky campus.
Where is this multifamily property located?
The property is located at 418 Kentucky Ct Lexington, KY.
What are key features of this property?
This property features: Two‑unit house configured for student housing; Four bedrooms on the first floor and three bedrooms upstairs; 100% leased at the time of listing
(859) 447-3285 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message