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    Lexington, KY Quadplexes for Sale

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    Paducah, KY Nicholasville, KY Versailles, KY
    Updated Four-Unit Apartment Complex
    $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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    Ashland Park Fourplex Investment Opportunity
    $799,000
    3,740 SF

    Ashland Park Fourplex Investment Opportunity

    122 S Hanover Avenue, Lexington, KY 40502

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

    • Prime location: Convenient to Downtown, Chevy Chase, UK, Henry Clay Estate, Kenwick Table, local shops, and restaurants.
    • Versatile property: Investment opportunity as a 4‑Plex or potential conversion to individual ownership or single‑family home.
    • Multiple parking spaces: Includes a 3‑car garage and driveway space for at least 2 additional cars.
    • Individual unit amenities: Each unit features hardwood floors, individual central heat/air, spacious closets, and outside decks/porches.
    • Recent updates: Roof and garage doors are 5 years old, 1 HVAC unit replaced 2025, rebuilt front porch roof 2026, exterior painted 2026.
    Updated: May 11
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    Turn-Key Lexington Fourplex Investment
    $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
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Updated Quadplex in Downtown Winchester
    $479,000
    5,058 SF

    Updated Quadplex in Downtown Winchester

    Turn-key quadplex with strong rental potential near downtown amenities.

    265 S Highland Street, Winchester, KY 40391
    View details
    Leased Fourplex Across From Park
    $400,000
    4,687 SF

    Leased Fourplex Across From Park

    Fully leased fourplex with long-term tenants near a park.

    23 Wheeler Avenue, Winchester, KY 40391
    View details
    Frankfort, KY Fourplex Investment
    $351,000
    3,602 SF

    Frankfort, KY Fourplex Investment

    Fourplex in Frankfort, KY, offering consistent rental income.

    202 Quachita Trail, Frankfort, KY 40601
    View details
    Frankfort Multifamily Investment Opportunity
    $769,900
    6,958 SF

    Frankfort Multifamily Investment Opportunity

    Income-producing multifamily property with eight units in Frankfort, Kentucky.

    1306 Chinook Trl, Frankfort, KY 40601
    View details

    Lexington, KY Quadplexes Investment Opportunities Market Analysis

    Explore 3 quadplexes for sale in Lexington, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,422 square feet of properties for sale, with an estimated market value of $2,249,000.

    Sale prices for four-unit buildings in Lexington, KY start at $675,000, averaging $749,666, and reaching up to $799,000 — 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

    Duplexes 8
    Apartment buildings 4
    Quadplexes 4
    Mobile home & RV parks 1
    Short term rental properties 1

    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 $675K
    40503 $775K
    40502 $799K

    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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    Most Searched ZIP Codes in Lexington, KY

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    • 40503
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