Technical
Financial
Distress signals
Property profile

711 Maxwell St Lexington, KY 40508

OFF-MARKET
Residential income homes
Property ID
US34-0096538
1,960 SF 0.12 ac lot Built 1952
Individually Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This duplex is located in downtown Lexington on a lot of 0.117 acres. The property contains two residential units, each configured with two bedrooms, one bathroom, a kitchen, and a living area, and each unit includes laundry hookups. The units are described as being fully furnished. Off-street parking is provided behind the building and is accessed through a private alley. The property is within walking distance of Rupp Arena, Alltech Brewery, and Gatton Park on the Town Branch, which includes a playground, water features, and an amphitheater. The duplex is zoned R-2 and falls within the historical preservation overlay.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1952
Total area 1,960 SF
Lot 0.12 ac (5,079 SF)
Zoning code R-2
APN 14599800
UPID US34-0096538

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

711 Maxwell St Lexington, KY 40508-2523
Lexington metro Census 102 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$345k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Zoning & alternative use

R-2 · Lexington, KY
Zoning description

R-2) Zone, provided that both units thereafter conform to the limitation of four (4) unrelated persons per dwelling unit. Dwelling unit means one (1) room or rooms connected together, constituting a separate, independent…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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