Lancaster, KY Multifamily properties for sale

$489,999

10,525 SF

Lancaster Mixed-Use Investment Property

105&107 Richmond Street, Lancaster, KY 40444

Income-producing property with residential and commercial tenants in downtown Lancaster.

Excellent income‑producing property with diversified income streams.
Located in the heart of downtown Lancaster.
7‑unit building with 4 residential units (2‑2BR, 2‑1BR) and 3 commercial units.
Solid investment opportunity with immediate cash flow.
Low vacancy asset with strong occupancy.

Updated: Mar 1

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$2,035,000

Grand Estate with Versatile Potential

6198 Lexington Road, Lancaster, KY 40444

Unique estate suited for business, events, or luxury living.

Unique architectural estate: blending historical charm with modern luxury.
Indoor atrium: featuring a swimming pool, hot tub, and koi pond with waterfall.
Extensive outbuildings: including a 54x48 workshop with car lift and separate road entrance.
Four‑story tower offering panoramic views.
Equipped for equestrian activities with fenced paddocks and run‑in sheds.

Updated: Oct 29, 2025

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Lancaster, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Commercial Property in Danville

$299,000

2,037 SF

Remodeled Commercial Property in Danville

Remodeled commercial property suitable for Airbnb or business use.

600 E Lexington Avenue, Danville, KY 40422

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Versatile Office Space with Income Potential

$450,000

7,680 SF

Versatile Office Space with Income Potential

Well-maintained office building with rental units and ample parking.

333 S Main Street, Harrodsburg, KY 40330

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Harrodsburg Duplex Investment Opportunity

$299,900

2,738 SF

Harrodsburg Duplex Investment Opportunity

Three-bedroom duplex in Burgin School District with rental potential.

145-149 Spring Street, Harrodsburg, KY 40330

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$875,000

5,700 SF

Danville Historic Mixed-Use Property

Three-story commercial property with restaurant, banquet room, and apartment.

303 W Main St, Danville, KY 40422

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$345,500

2.27 Acres

Prime Land Off US HWY

2.27 acres with excellent visibility and easy access.

Briar Creek lot: #1, Lawrenceburg, KY 40342

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Contact for pricing

1.60 Acres

Land For Sale in McKee

1.6 acre tract with utilities and road frontage.

Mc Kee, KY 40447

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Contact for pricing

1.68 Acres

Land For Sale in McKee

1.68 acre recreational land with utilities in McKee, Kentucky.

Mc Kee, KY 40447

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$34,000

0.63 Acres

Wooded Lot with Utilities

Wooded 0.63-acre lot with septic, water, and electric.

113 Lot 55 Yellowstone Drive lot: 55, East Bernstadt, KY 40729

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Off-Market Properties in Lancaster, KY

Consider similar Off-Market properties in Lancaster, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

CAMPGROUND, RV PARK

Lot: 0.61 Acres

Value Estimation by Request

962 Herrington Hls, Lancaster, KY 40444

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CAMPGROUND, RV PARK

Lot: 2.00 Acres

Value Estimation by Request

2501 Fisher Frd Rd, Lancaster, KY 40444

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Lancaster, KY Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 10,525 square feet of properties for sale, with an estimated market value of $489,999.

Sale prices for multifamily properties in Lancaster, KY start at $489,999, averaging $489,999, and reaching up to $489,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
40444	$1.3M

Neighborhood

Average Price

40444

$1.3M