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    Lancaster, KY
    Multifamily

    Lancaster, KY Multifamily Properties for Sale

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    Well-Maintained Quadplex Investment
    Updated: Jul 17
    Well-Maintained Quadplex Investment

    201 Danville Street, Lancaster, KY 40444

    $450,000
    3,400 sqft 0.34 AC lot
    Quadplex with multiple bedrooms and bathrooms, including 8 bedrooms and 4 bathrooms listed among the rooms
    Recent 3‑year‑old roof
    New Rheem heat pump system and available heating options include heat pump, natural gas, and electric
    Newly constructed back deck
    Paved parking lot for added convenience
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    Updated Quadplex with Paved Parking
    Updated: Jun 18
    Updated Quadplex with Paved Parking

    201 Danville St, Lancaster, KY 40444

    $450,000
    3,400 sqft
    3,400‑square‑foot quadplex with four residential units
    3‑year‑old roof
    New Rheem heat pump system
    Newly built back deck
    Remodeled foyer
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    Duplex and Triplex Portfolio
    Duplex and Triplex Portfolio

    144 148 Owsley Dr, Lancaster, KY 40444

    $1,400,000
    13,386 sqft

    Five multifamily buildings near restaurants, shopping, and everyday conveniences in Lancaster.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 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

    Opportunities in Nearby Cities

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

    Duplex with Garage
    Duplex with Garage

    812 Ridgewood Drive, Berea, KY 40403

    $250,000
    2,294 sqft 0.23 AC lot

    For-sale duplex near I-75 and the Hitachi Plant, offering on-site garages and long-term tenancy.

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    Four-Duplex Multifamily Package
    Four-Duplex Multifamily Package

    239-241 Stevenson Ave, Danville, KY 40422

    $1,175,000
    1,768 sqft

    Package includes four occupied duplexes with a consistent two-bedroom, one-bath unit layout across the portfolio.

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    Remodeled Short-Term Rental Property
    Remodeled Short-Term Rental Property

    600 E Lexington Avenue, Danville, KY 40422

    $289,000
    2,037 sqft 0.49 AC lot

    Remodeled property with multiple office and meeting rooms, a full basement, covered parking, and public sewer service.

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    2-Unit Multifamily Property with Garage
    2-Unit Multifamily Property with Garage

    812 Ridgewood Drive 1-2, Berea, KY 40403

    $250,000
    2,294 sqft

    Two-unit residential income property with garage access and a location near I-75 and the Hitachi Plant.

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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.

    962 Herrington Hls
    CAMPGROUND, RV PARK

    962 Herrington Hls, Lancaster, KY 40444

    Estimated value:
    $265,000
    0.61 AC lot
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    2501 Fisher Frd Rd
    CAMPGROUND, RV PARK

    2501 Fisher Frd Rd, Lancaster, KY 40444

    Estimated value:
    $255,000
    2.00 AC lot
    View details

    Lancaster, KY Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Lancaster, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,186 square feet of properties for sale, with an estimated market value of $2,300,000.

    Sale prices for multifamily properties in Lancaster, KY start at $450,000, averaging $766,666, and reaching up to $1,400,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -1.4%
    Median Household Income $62,324
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

    Identify Lancaster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40444 $766.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $0.28 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Garrard County

    New Delisted

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