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Duplex Unit with Screened Patio
For Sale
$599,000
Pending

607 Camino Drive, Lexington, KY 40502

Residential, Lexington, KY

Property Size2,562 SF
Lot Size0.16 Acres
Days on Market80

Property Features for 607 Camino Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 1, Bedroom 2, Laundry Room, Dining Room, Bedroom 1, Bedroom 3, Utility Room, Bathroom 3, Bathroom 2, Den
Parking features Driveway, Off Street, Garage, Underground/Basement
Window features Window Treatments, Blinds, Insulated Windows
Interior features Eat-in Kitchen, Ceiling Fan(s)
Fencing Privacy
Fireplace 1
Basement Finished, Full
Appliances Dishwasher, Microwave, Refrigerator, Range, Dishwasher, Microwave, Refrigerator, Range
Subdivision Shadeland
Lot features Many Trees
Elementary school Cassidy
Middle school Morton
High school Henry Clay
Elementary school district Fayette County - 1
Middle school district Fayette County - 1
High school district Fayette County - 1
Directions From Downtown, Take Tates Creek Road, Left on Alumni Drive, First Left is Camino Drive, Home is on the left, left unit.
Standard status Pending
APN 10028510
Size 2,562 SF
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

screened-in patio
fenced backyard
laundry room

Building Details

Year built 1986
Floors in Building 2
Flooring type Vinyl
Building materials Brick Veneer
Architectural style Ranch
Listing Agency: The Brokerage
Listed By: Raya Rivera
Added: Jul 30 Changed: Oct 8 Last Checked: Oct 17 at 8:06AM
MLS# 26020472

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.

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Investment Insights

Based on property information with market context.

The left-side residence in a duplex was updated in 2021 and spans two levels, with three bedrooms and three bathrooms. Its lower level adds a second living area, bedroom, full bathroom, laundry room, and a 611-square-foot, two-car tandem garage. The main level opens to a covered, screened patio overlooking a fenced backyard. Other features include an eat-in kitchen, fireplace, central air, and natural gas heat.

The property is less than five minutes from Kroger Field, the University of Kentucky, UK Hospital, the Arboretum, and Chevy Chase. Bike access to Kenwick and Downtown is also noted, with connections to the Legacy Trail.

Key Highlights

  • Left‑side unit in a duplex, updated in 2021
  • Three bedrooms and three bathrooms across two levels
  • Lower level includes a second living area, bedroom, full bath, and laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,285
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,700 $425.7K
Cap Rate 7%
$304,071 $304.1K
Cap Rate 9%
$236,500 $236.5K
Market Conditions
NOI Build-Up for 2,562 SF
Gross rent
$32.0K $12.48/SF
− Vacancy
−$1.6K −$0.61/SF
EGI
$30.4K $11.87/SF
− OpEx
−$9.1K −$3.56/SF
NOI
$21.3K $8.31/SF
Area
Lexington, KY
Vacancy
4.90%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,700
Cap Rate 7%
$304,071
Cap Rate 9%
$236,500

Alternative Uses

Best Use
Multifamily LT 5
$304.1K
$266.1K – $354.8K (±1% cap)
NOI $21,285 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$275.8K
$241.4K – $321.8K (±1% cap)
NOI $19,309 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$533.8K
$467.1K – $622.8K (±1% cap)
NOI $37,365 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Law Firm Auto Repair Shop Building Supply

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

308
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Renovated in 2021, the residence has a lower-level living area, fenced yard, and tandem garage.
Where is this duplex located?
The property is located at 607 Camino Drive Lexington, KY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Left‑side unit in a duplex, updated in 2021; Three bedrooms and three bathrooms across two levels; Lower level includes a second living area, bedroom, full bath, and laundry room
More about this property
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