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    Lancaster, KY
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    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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    Mixed-Use Income Property
    Updated: Mar 1
    Mixed-Use Income Property

    105&107 Richmond Street, Lancaster, KY 40444

    $489,999
    10,525 sqft 0.05 AC lot
    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Four Duplex Package for Sale
    Four Duplex Package for Sale

    239-241 Stevenson Avenue, Danville, KY 40422

    $1,200,000
    1,768 sqft 0.30 AC lot

    Four fully occupied duplexes with two bedrooms and one full bath per unit are offered as a single packaged sale.

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    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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    Three-Bedroom Duplex Investment
    Three-Bedroom Duplex Investment

    821 Ridgewood Drive, Berea, KY 40403

    $299,999
    2,880 sqft 0.24 AC lot

    Duplex with recent improvements including a 2023 metal roof and updated flooring across both units.

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    Remodeled Office with Meeting Rooms
    Remodeled Office with Meeting Rooms

    600 E Lexington Avenue, Danville, KY 40422

    $299,000
    2,037 sqft 0.49 AC lot

    Remodeled commercial property with four office rooms and two larger meeting or waiting rooms, plus a full basement.

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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.

    Prime Land Off US HWY
    Prime Land Off US HWY

    Briar Creek lot: #1, Lawrenceburg, KY 40342

    $345,500
    2.27 AC lot

    2.27 acres with excellent visibility and easy access.

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    Cleared Recreational Land Tract
    Cleared Recreational Land Tract

    Mc Kee, KY 40447

    Contact for pricing
    1.60 AC lot

    Cleared, level tract on Baldwin Road with plank fencing, located near South Fork of the Rockcastle River and Laurel Branch Creek.

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    Land For Sale in McKee
    Land For Sale in McKee

    Mc Kee, KY 40447

    Contact for pricing
    1.68 AC lot

    1.68 acre recreational land with utilities in McKee, Kentucky.

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    Residential Land in East Bernstadt
    Residential Land in East Bernstadt

    205 Dove Lane lot: 61, East Bernstadt, KY 40729

    Contact for pricing
    0.51 AC lot

    Level lots suitable for new doublewides or modular homes.

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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

    Value Estimation by Request
    0.61 AC lot
    View details
    2501 Fisher Frd Rd
    CAMPGROUND, RV PARK

    2501 Fisher Frd Rd, Lancaster, KY 40444

    Value Estimation by Request
    2.00 AC lot
    View details

    Lancaster, KY Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 13,925 square feet of properties for sale, with an estimated market value of $939,999.

    Sale prices for multifamily properties in Lancaster, KY start at $450,000, averaging $469,999, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Quadplexes 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 $1.3M

    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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