Lexington, KY Quadplexes for sale

Updated: Jul 1

Historic Four-Unit Duplex Portfolio

148 - 152 E Fourth Street, Lexington, KY 40508

$725,000

4,900 sqft 0.29 AC lot

Two neighboring duplexes with four total 2‑bedroom, 1‑bath residences
4,900 square feet on 0.292 acres
Built in 1890 with restored historic character
All four residences are fully occupied
Shared off‑street parking lot serves both buildings

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148 - 152 E Fourth Street, Lexington, KY 40508

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Est. Cap Rate

5.6%
NOI ÷ price
Est. NOI

$41K
Annual
Price @ 7% Cap

$582K
Suggested
Property Type

Duplex
Built 1890

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Updated: Apr 14

Turn-Key Four-Plex Income Property

509 W 3rd Street, Lexington, KY 40508

$625,000

3,585 sqft 0.18 AC lot

Four‑plex income property with current full occupancy and over $55,000 in annual rental income
Major system upgrades include high‑efficiency heating and cooling plus updated, separately metered electrical completed in 2021
Year built 1920 with preserved original features including vaulted ceilings, hardwood floors, and classic window moldings
In‑unit washer and dryer and a private fenced backyard, plus a community firepit
On‑site covered garage parking with additional parking available

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Updated Quadplex with Garage Parking

509 W 3rd St, Lexington, KY 40508

$625,000

3,585 sqft

Fully leased four-unit property with separately metered electrical and private outdoor space.

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4-Unit Multifamily Property

115 Delmont Dr, Lexington, KY 40504

Contact for pricing

3,600 sqft 0.34 AC lot

Individually metered residences include detached garages and off-street parking for every unit.

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14-Unit Multifamily Portfolio

912-918 North Limestone, Lexington, KY 40508

$1,850,000

Five renovated buildings create a diversified low-rise rental portfolio in Lexington’s walkable NoLi neighborhood.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Downtown Mixed-Use Property

380 Amsden Avenue, Versailles, KY 40383

$600,000

8,448 sqft 1.15 AC lot

Versatile commercial space with four residential units and public sewer service in central Versailles.

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Day Care and Apartment Building

380 Amsden Ave, Versailles, KY 40383

$600,000

8,448 sqft 1.15 AC lot

Daycare facility with four fully occupied apartments above, including two 2-bedroom and two 1-bedroom units.

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Four-Unit Quadplex

443 Oxford Drive, Winchester, KY 40391

$495,000

1,054 sqft 0.31 AC lot

Four-unit residential income property with two-bedroom, 1.5-bath layouts and R zoning.

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Quadplex with Similar Layouts

443 Oxford Dr, Winchester, KY 40391

$495,000

1,054 sqft

Comparable floor plans create a consistent configuration across this four-unit residential property.

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Lexington, KY Quadplexes Market Trends and Statistics

Explore 5 quadplexes for sale in Lexington, KY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 15,670 square feet of properties for sale, with an estimated market value of $3,825,000.

Sale prices for four-unit buildings in Lexington, KY start at $625,000, averaging $956,250, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
40508	$625K
40504	$799K

Neighborhood

Average Price

40508

$625K

40504

$799K

Featured Lexington Real Estate Agencies

Realmo connects you with licensed Lexington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Keller Williams Commonwealth

1908 Bryant Rd, Suite 250 Lexington, KY 40509

Phone: 18597212121

www.kwcommonwealth.com

United Real Estate Lexington KY

444 Lewis Hargett Circle, Ste. 180 Lexington, KY 40503

Phone: 18593966706

www,unitedrealestatelexingtonky.com