Lexington, KY Multifamily Properties for Sale

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$775,000

4,097 SF

Updated Four-Unit Apartment Complex

1640 Nicholasville Road, Lexington, KY 40503

Prime Lexington location near hospital and university with strong rental demand.

Prime Lexington location next to Central Baptist Hospital and close to the University of Kentucky, ensuring strong rental demand.
Four updated units, each with 2 bedrooms and 2 full baths, providing desirable living spaces for tenants.
Located on the third floor of a professional office building, offering added privacy and a unique mixed‑use environment.
Onsite paved parking lot, a valuable amenity in a highly sought‑after area.
Common laundry area with coin‑operated machines for tenant convenience.

Updated: Apr 9

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$775,000

3,149 SF

Ashland Park Duplex Opportunity

1056-1058 Fontaine Road, Lexington, KY 40502

Charming duplex in Lexington's desirable Ashland Park neighborhood.

Located in the highly desirable Ashland Park neighborhood of Lexington.
Versatile duplex suitable for owner‑occupancy, investment, or multi‑generational living.
Features a total of five bedrooms and two bathrooms across both units.
Spacious living and dining areas in each unit with abundant natural light.
Large backyard and welcoming front porch for outdoor enjoyment.

Updated: Mar 10

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Lexington Duplex: Modern Investment Potential

$440,000

3,700 SF

Lexington Duplex: Modern Investment Potential

Well-maintained duplex in Lexington with strong income potential.

3884 Sugar Creek Drive, Lexington, KY 40517

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Lexington Triplex Investment Opportunity

$682,500

3,564 SF

Lexington Triplex Investment Opportunity

Triplex in Lexington with strong income potential in prime location.

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

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$399,000

3,610 SF

Park Hills Duplex Opportunity

Residential income property in Lexington's Park Hills area.

3124 High Ridge Drive, Lexington, KY 40517

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$650,000

3,585 SF

Turn-Key Lexington Fourplex Investment

Fully leased fourplex in Lexington's thriving Jefferson Corridor.

509 W 3rd Street, Lexington, KY 40508

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Lexington Multifamily Investment Opportunity

$1,049,900

7,300 SF

Lexington Multifamily Investment Opportunity

Turn-key 8-unit apartment building with value-add potential.

388 Redding Road, Lexington, KY 40517

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Ashland Park Fourplex Investment Opportunity

$799,000

3,740 SF

Ashland Park Fourplex Investment Opportunity

Stately brick fourplex near Downtown, Chevy Chase, and UK.

122 S Hanover Avenue, Lexington, KY 40502

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$484,500

2,160 SF

Kenwick Duplex Investment Opportunity

Well-maintained duplex in Kenwick neighborhood with leases in place.

270 Sherman Avenue, Lexington, KY 40502

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$575,000

2,447 SF

Charming Duplex with Income Potential

Well-maintained duplex with remodeled unit and hardwood floors.

440 Henry Clay Boulevard, Lexington, KY 40502

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Lexington Mixed-Use Investment Opportunity

$2,600,000

11,000 SF

Lexington Mixed-Use Investment Opportunity

Six apartments and two retail storefronts in three buildings.

109-119 N Mill Street, Lexington, KY 40507

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$275,000

1,672 SF

Lexington Multifamily Investment Opportunity

Multifamily property near Tates Creek Center and MOW.

1219 Trent Boulevard, Lexington, KY 40517

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$209,900

1,344 SF

Lexington Duplex with Income Potential

Duplex in Lexington, Kentucky with long-term tenants and value-add potential.

1318 Highland Park Drive, Lexington, KY 40505

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$750,000

2,580 SF

Ashland Park Duplex For Sale

Charming duplex in Ashland Park, Lexington, with hardwood floors.

110-112 S Hanover Avenue, Lexington, KY 40502

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$1,000,000

0.88 Acres

Mobile Home Park Investment Opportunity

Stabilized 15-pad mobile home park in a growing Kentucky market.

1406 Versailles Road, Lexington, KY 40504

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$875,000

Multi-Family Investment Opportunity

12-unit multi-family building in high-demand submarket, priced for redevelopment.

108 Surfside Dr, Lexington, KY 40503

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$5,100,000

23,216 SF

Luxury Chevy Chase Multifamily Property

High-end 24-unit property in Lexington's desirable Chevy Chase neighborhood.

319 Duke Rd, Lexington, KY 40502

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$875,000

8,208 SF

Multifamily

Multifamily properties · 8,208 SF

108 Surfside Dr, Lexington, KY 40503

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$3,595,000

Lexington Mixed-Use Investment Portfolio

Multi-family and commercial properties near the University of Kentucky.

201-235 Woodland Ave, 473-477 East Maxwell, 488-498 East High Street, Lexington, KY 40502

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$1,850,000

4,224 SF

Lexington Multifamily Investment Opportunity

Portfolio of 14 units in Lexington's NoLi neighborhood.

912 N Limestone, Lexington, KY 40505

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$6,500,000

18,032 SF

Mixed-Use Gem in Downtown Lexington

Four-story mixed-use building in the heart of downtown Lexington.

144 North Broadway, Lexington, KY 40507

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Lexington, KY, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

Off-Market Properties in Lexington, KY

Consider similar Off-Market properties in Lexington, 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.

BOARDING/ROOMING HOUSE

5,112 SF Lot: 0.29 Acres

Estimated value

$535,000

444 Gln Arvin Ave, Lexington, KY 40508-1028

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APARTMENT HOUSE (UNDER 5 UNITS)

24,120 SF Lot: 7.00 Acres

Value Estimation by Request

4070 Victoria Way, Lexington, KY 40515-4658

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BOARDING/ROOMING HOUSE

2,334 SF Lot: 0.07 Acres

Value Estimation by Request

374 3rd St, Lexington, KY 40508-2177

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Lexington, KY Multifamily Properties Investment Opportunities Market Analysis

Explore 72 multifamily properties for sale in Lexington, KY, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 99,495 square feet of properties for sale, with an estimated market value of $19,973,200.

Sale prices for multifamily properties in Lexington, KY start at $154,900, averaging $907,872, and reaching up to $5,100,000 — 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

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

Demographics Overview

Population 322K

Population Growth (5Y) +1.0%

Median Household Income $71,202

College Educated 25.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
40508	$363.3K
40517	$569.3K
40503	$841.7K
40504	$1M
40505	$1M

Taxes & Financing

Tax Rate (average for all types) 1.22%

Property Tax per SF $11.25 per sq ft

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

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Lexington, KY Multifamily Properties for Sale

Updated Four-Unit Apartment Complex

Prime Lexington location near hospital and university with strong rental demand.

Ashland Park Duplex Opportunity

Charming duplex in Lexington's desirable Ashland Park neighborhood.

Lexington Duplex: Modern Investment Potential

Lexington Triplex Investment Opportunity

Park Hills Duplex Opportunity

Turn-Key Lexington Fourplex Investment

Lexington Multifamily Investment Opportunity

Ashland Park Fourplex Investment Opportunity

Kenwick Duplex Investment Opportunity

Charming Duplex with Income Potential

Lexington Mixed-Use Investment Opportunity

Lexington Multifamily Investment Opportunity

Lexington Duplex with Income Potential

Ashland Park Duplex For Sale

Mobile Home Park Investment Opportunity

Multi-Family Investment Opportunity

Luxury Chevy Chase Multifamily Property

Multifamily

Lexington Mixed-Use Investment Portfolio

Lexington Multifamily Investment Opportunity

Mixed-Use Gem in Downtown Lexington

Off-Market Properties in Lexington, KY

444 Gln Arvin Ave, Lexington, KY 40508-1028

4070 Victoria Way, Lexington, KY 40515-4658

374 3rd St, Lexington, KY 40508-2177

Lexington, KY Multifamily Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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