Lancaster, KY
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    Lancaster, KY Residential Income Properties for Sale

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    Stanford, KY Danville, KY Paint Lick, KY
    Lancaster Mixed-Use Investment Property
    $489,999
    10,525 SF
    Lancaster Mixed-Use Investment Property

    105&107 Richmond Street, Lancaster, KY 40444

    Income-producing property with residential and commercial tenants in downtown Lancaster.
    • 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.
    Updated: Mar 1
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    Grand Estate with Versatile Potential
    $2,035,000
    Grand Estate with Versatile Potential

    6198 Lexington Road, Lancaster, KY 40444

    Unique estate suited for business, events, or luxury living.
    • Unique architectural estate: blending historical charm with modern luxury.
    • Indoor atrium: featuring a swimming pool, hot tub, and koi pond with waterfall.
    • Extensive outbuildings: including a 54x48 workshop with car lift and separate road entrance.
    • Four‑story tower offering panoramic views.
    • Equipped for equestrian activities with fenced paddocks and run‑in sheds.
    Updated: Oct 29, 2025
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    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.

    Remodeled Commercial Property in Danville
    $299,000
    2,037 SF
    Remodeled Commercial Property in Danville

    Remodeled commercial property suitable for Airbnb or business use.

    600 E Lexington Avenue, Danville, KY 40422

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    Versatile Office Space with Income Potential
    $450,000
    7,680 SF
    Versatile Office Space with Income Potential

    Well-maintained office building with rental units and ample parking.

    333 S Main Street, Harrodsburg, KY 40330

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    Harrodsburg Duplex Investment Opportunity
    $299,900
    2,738 SF
    Harrodsburg Duplex Investment Opportunity

    Three-bedroom duplex in Burgin School District with rental potential.

    145-149 Spring Street, Harrodsburg, KY 40330

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    Residential Property Awaiting Renovation
    Contact for pricing
    1,258 SF
    Residential Property Awaiting Renovation

    A small residential property on a 0.19-acre lot, with no utilities or maintenance for at least five years.

    222 Stanford Road, Danville, KY 40422

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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.

    Lakeside Waterfront Land
    $295,000
    5.01 Acres
    Lakeside Waterfront Land

    Wooded waterfront parcel with a pavilion and private fencing in a no-wake cove setting on Herrington Lake.

    345 Tibbs Lane, Danville, KY 40422

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    Danville, KY Building Lot
    $55,000
    0.40 Acres
    Danville, KY Building Lot

    Building lot with views, near Danville Country Club.

    156 Colonial Way, Danville, KY 40422

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    Residential Land Near Danville Club
    $55,000
    0.48 Acres
    Residential Land Near Danville Club

    Building lot in Rolling Meadows Subdivision near Danville Country Club.

    144 Colonial Way, Danville, KY 40422

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    Herrington Lake Buildable Lots
    $75,000
    1.12 Acres
    Herrington Lake Buildable Lots

    Two buildable lots on Herrington Lake near Mid Lake Marina.

    154 Cedar Lane, Harrodsburg, KY 40330

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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
    Lot: 0.61 Acres
    Value Estimation by Request

    962 Herrington Hls, Lancaster, KY 40444

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    2501 Fisher Frd Rd
    CAMPGROUND, RV PARK
    Lot: 2.00 Acres
    Value Estimation by Request

    2501 Fisher Frd Rd, Lancaster, KY 40444

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    Lancaster, KY Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 10,525 square feet of properties for sale, with an estimated market value of $489,999.

    Sale prices for residential income properties in Lancaster, KY start at $489,999, averaging $489,999, 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

    Multifamily properties 2
    Apartment buildings 1
    Short term rental properties 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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