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Two-Unit Residential Duplex
For Sale
Contact for pricing
Pending

826 W Maxwell Street, Lexington, KY 40508

Two-family home currently configured for separate units with outdoor entrances and off-street parking, zoned R-2.

Property SizeContact for details
Days on Market117

Property Features for 826 W Maxwell Street

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Block + Lot
Listed By: Ashley Greathouse · License #KY 245025
Source: Crexi
Added: Apr 12 Changed: Jul 20 Last Checked: Aug 6 at 2:42PM

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 Block + Lot

Investment Insights

Based on property information with market context.

This historic two-family residence is currently zoned R-2 (two-family residential) and is set up for short-term stays. The property is offered as two separate single units, each with its own outdoor entrance. An interior deadlocked door can be opened to combine the layout into a single house listing.

The home is located adjacent to Alltec Brewing Company in downtown Lexington, Kentucky, and includes off-street parking plus a newly constructed two-story garage. The garage adds a third possible spot for guests, subject to future fill-in and approval from planning and zoning.

Overall, the configuration supports flexible use between a two-unit setup and a one-house setup, with parking provided on-site via the driveway and garage.

Key Highlights

  • Two‑family residence currently used as an Airbnb with two single units, each with its own outdoor entrance
  • Interior deadlocked door can be opened to offer the home as one listing
  • Newly constructed two‑story garage adds a third possible parking/guest spot, subject to future fill‑in and planning/zoning approval

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Garden Center Locksmith (Bike/Boat/Book/etc) Store Butcher Bakery

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

2,121
Businesses Nearby

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

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 - Two-family home currently configured for separate units with outdoor entrances and off-street parking, zoned R-2.
Where is this duplex located?
The property is located at 826 W Maxwell Street Lexington, KY.
What are key features of this property?
This property features: Two‑family residence currently used as an Airbnb with two single units, each with its own outdoor entrance; Interior deadlocked door can be opened to offer the home as one listing; Newly constructed two‑story garage adds a third possible parking/guest spot, subject to future fill‑in and planning/zoning approval
More about this property
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