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14-Unit Multifamily Portfolio
For Sale
$1,850,000

912-918 North Limestone, Lexington, KY 40508

Five renovated buildings create a diversified low-rise rental portfolio in Lexington’s walkable NoLi neighborhood.

Property Size4,224 SF
Days on Market193

Property Features for 912-918 North Limestone

General Information

Standard status Active
Size 4,224 SF
Property subtype MultiFamily Apartments
Zoning R-3

Additional Details

Public Transit Yes
Multifamily Units 14

Building Details

Building Size 4,224 SF
Year Built 1949
Year Renovated 2017
Buildings 5
Listing Agency: SVN Stone Commercial Real Estate
Listed By: Travis Rose
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 4:44PM

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 multifamily portfolio comprises 14 units across five low-rise buildings: a quadplex at 525 N Limestone, duplexes at 914 and 916 N Limestone, and triplexes at 912 and 918 N Limestone. The residences were built in 1949 and 1965 and fully renovated in 2017, combining older architectural character with updated interiors. The portfolio is zoned R-3.

The properties are positioned along North Limestone in Lexington’s NoLi neighborhood, with walkable access to Greyline Station, local retailers, dining, community gardens, and neighborhood events. Lextran bus service along North Limestone and nearby corridors connects the area with downtown and the University of Kentucky. Together, the separate buildings provide a multi-property residential platform within an established urban district.

Key Highlights

  • 14 units across five multifamily buildings
  • Quadplex at 525 N Limestone; duplexes at 914 and 916 N Limestone
  • Triplexes at 912 and 918 N Limestone

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Parking Lot & Garage Butcher

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

790
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Five renovated buildings create a diversified low-rise rental portfolio in Lexington’s walkable NoLi neighborhood.
Where is this multifamily property located?
The property is located at 912-918 North Limestone Lexington, KY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 14 units across five multifamily buildings; Quadplex at 525 N Limestone; duplexes at 914 and 916 N Limestone; Triplexes at 912 and 918 N Limestone
More about this property
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