Fayette County, KY Multifamily Properties for Sale

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55 properties

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Updated: Sep 11

Five-Bedroom Duplex with Front Porch

1056-1058 Fontaine Road, Lexington, KY 40502

$775,000

3,149 sqft 0.22 AC lot

3,149‑square‑foot duplex on a 0.2236‑acre lot
Five bedrooms and two bathrooms across two units: 3/1 and 2/1
Built in 1926 with natural gas heating and electric cooling
Front porch, large backyard, lower‑level storage, and laundry facilities
Located at 1056‑1058 Fontaine Road in Lexington’s Ashland Park neighborhood

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Updated: Aug 19

8-Unit Apartment Building

388 Redding Road, Lexington, KY 40517

$924,900

7,300 sqft 0.27 AC lot

8‑unit apartment building with 7,300 square feet
100% occupied with all 8 tenants on month‑to‑month leases
0.2686‑acre site; built in 1978
Recent roof, gutter, window, siding, and breaker‑panel improvements
Several units have been updated or renovated

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Partially Furnished Triplex

304-306 Ridgeway Road, Lexington, KY 40502

$699,000

2,244 sqft 0.17 AC lot

Multifamily property with one-bedroom units near the University of Kentucky, downtown Lexington, and UK HealthCare.

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See what stands out in Fayette County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Renovated 8-Unit Apartment Building

388 Redding Rd, Lexington, KY 40517

$924,900

7,300 sqft

Fully occupied multifamily property with recent exterior and electrical improvements, plus updated interiors in select units.

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All-Brick Duplex Income Portfolio

1503 Roanoke Road, Lexington, KY 40504

$800,000

1,873 sqft 0.20 AC lot

Turnkey package includes two single-family homes and an all-brick duplex with hardwood floors, all in R-2 zoning.

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Fully Occupied Duplex

1840 Chatsworth Drive, Lexington, KY 40515

$275,900

1,672 sqft 0.31 AC lot

Two occupied residential units provide a straightforward multifamily configuration with established tenancy in place.

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Brick-Veneer Duplex on Corner Lot

1200 Tishoff Drive, Lexington, KY 40502

$430,000

2,336 sqft 0.36 AC lot

Well-maintained ranch duplex with one vacant unit, fireplaces, and public utilities in Lexington’s 40502 area.

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Three-Building Mixed-Use Property

109119 109-119 N Mill St, Lexington, KY 40507

$2,600,000

12,000 sqft

Combines apartment residences with retail storefront space across contiguous buildings.

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Apartment Building with Retail

109-119 N Mill Street, Lexington, KY 40507

$2,600,000

11,000 sqft 0.10 AC lot

Three connected brick buildings combine apartment residences with street-level storefront space in downtown Lexington.

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Two-Bedroom Duplex

415-417 Oak Street, Lexington, KY 40508

$285,000

1,316 sqft 0.22 AC lot

Duplex in R-2 zoning with 2-bed, 1-bath units and on-street parking, built in 1977.

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Updated Quadplex with Garage Parking

509 W 3rd St, Lexington, KY 40508

$625,000

3,585 sqft

Fully leased four-unit property with separately metered electrical and private outdoor space.

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Three-Unit Triplex Property

1205, 1207, 1209 Reva Ridge Way, Lexington, KY 40517

$682,500

3,564 sqft 0.14 AC lot

Three similarly configured residences offer a consistent multifamily layout in Lexington with convenient access to shopping, dining, and major roads.

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Fully Occupied Duplex

346 E 2nd St, Lexington, KY 40508

$159,900

1,134 sqft 0.06 AC lot

Two residential units offer separate living areas, kitchens, bedrooms, and full bathrooms within an established rental property.

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New Construction Multifamily Property

3104 Daly Pl, Lexington, KY 40511

$2,330,000

1,360 sqft

Built in 2024 with contemporary finishes and efficient floorplans.

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Occupied Duplex Investment

270 Sherman Avenue, Lexington, KY 40502

$445,000

2,160 sqft 0.16 AC lot

Fully leased two-unit property with separate living spaces and tenant-paid utilities in Lexington’s Kenwick neighborhood.

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Two-Unit Duplex with Off-Street Parking

507 E 7th Street, Lexington, KY 40505

$110,000

696 sqft 0.09 AC lot

Two compact residences share one structure, with kitchens, full baths, tile flooring, and wall-unit cooling.

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Updated Three-Unit Triplex

304306 304-306 Ridgeway Rd, Lexington, KY 40502

$699,000

2,244 sqft

Partially furnished property near the University of Kentucky, downtown Lexington, and UK HealthCare.

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Two-Unit Duplex with Metal Roof

511 E 7th Street, Lexington, KY 40505

$110,000

640 sqft 0.06 AC lot

Compact duplex with two independent one-bedroom residences and shared rear parking access.

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Updated Triplex

304-306 Ridgeway Rd, Lexington, KY 40502

$699,000

2,244 sqft

Three one-bedroom, one-bath residences convey with furnishings included in part of the property.

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Duplex With Detached Garage

310 Hanover Court, Lexington, KY 40502

$375,000

1,901 sqft 0.12 AC lot

R-2-zoned property with natural gas heat, covered parking, and a detached garage with workbench space.

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32-Unit Duplex Portfolio

1102 Centre Pkwy, Lexington, KY 40517

$4,100,000

29,566 sqft

Fully occupied residential income portfolio with individually metered utilities and durable, low-maintenance interior finishes.

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Two-Unit Duplex with Rental Income

414 Morrison Avenue, Lexington, KY 40508

$249,900

1,581 sqft 0.13 AC lot

Both residences are occupied month-to-month and offer two bedrooms, one full bathroom, central air, and separate living spaces.

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Two-Unit Duplex with Shared Parking

511 E 7th St, Lexington, KY 40505

$110,000

640 sqft

Compact multifamily property with separate kitchens, full baths, and efficient living areas in each residence.

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Restored Duplex with Parking

148 E Fourth Street, Lexington, KY 40508

$375,000

2,578 sqft 0.12 AC lot

Fully occupied residential property with two renovated units, original architectural details, and convenient access to downtown amenities.

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Fayette County, KY Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Fayette County, KY, showcased through 55 active listings on our real estate platform. These investment opportunities span a total of 298,196 square feet of properties for sale, with an estimated market value of $41,037,900.

Sale prices for multifamily properties in Fayette County, KY start at $100,000, averaging $759,961, and reaching up to $5,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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