Residential Income

Lancaster, KY Residential Income Properties for Sale

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Well-Maintained Quadplex Investment
Updated: Jul 17
Well-Maintained Quadplex Investment

201 Danville Street, Lancaster, KY 40444

$450,000
3,400 sqft 0.34 AC lot
Quadplex with multiple bedrooms and bathrooms, including 8 bedrooms and 4 bathrooms listed among the rooms
Recent 3‑year‑old roof
New Rheem heat pump system and available heating options include heat pump, natural gas, and electric
Newly constructed back deck
Paved parking lot for added convenience
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Land, Lancaster, KY
Updated: Aug 24
Land, Lancaster, KY

#2 Martin Lane, Lancaster, KY 40444

$36,500
1.38 AC lot
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Updated Quadplex with Paved Parking
Updated Quadplex with Paved Parking

201 Danville St, Lancaster, KY 40444

$450,000
3,400 sqft

Four-unit income property with recent mechanical, exterior, and common-area improvements.

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Duplex and Triplex Portfolio
Duplex and Triplex Portfolio

144 148 Owsley Dr, Lancaster, KY 40444

$1,400,000
13,386 sqft

Five multifamily buildings near restaurants, shopping, and everyday conveniences in Lancaster.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 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.

Duplex with Garage
Duplex with Garage

812 Ridgewood Drive, Berea, KY 40403

$250,000
2,294 sqft 0.23 AC lot

For-sale duplex near I-75 and the Hitachi Plant, offering on-site garages and long-term tenancy.

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Four-Duplex Multifamily Package
Four-Duplex Multifamily Package

239-241 Stevenson Ave, Danville, KY 40422

$1,175,000
1,768 sqft

Package includes four occupied duplexes with a consistent two-bedroom, one-bath unit layout across the portfolio.

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Remodeled Short-Term Rental Property
Remodeled Short-Term Rental Property

600 E Lexington Avenue, Danville, KY 40422

$289,000
2,037 sqft 0.49 AC lot

Remodeled property with multiple office and meeting rooms, a full basement, covered parking, and public sewer service.

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2-Unit Multifamily Property with Garage
2-Unit Multifamily Property with Garage

812 Ridgewood Drive 1-2, Berea, KY 40403

$250,000
2,294 sqft

Two-unit residential income property with garage access and a location near I-75 and the Hitachi Plant.

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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.

Danville, KY Building Lot
Danville, KY Building Lot

156 Colonial Way, Danville, KY 40422

$55,000
0.40 AC lot

Building lot with views, near Danville Country Club.

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Residential Land Near Danville Club
Residential Land Near Danville Club

144 Colonial Way, Danville, KY 40422

$55,000
0.48 AC lot

Building lot in Rolling Meadows Subdivision near Danville Country Club.

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Residential Land Overlooking Herrington Marina
Residential Land Overlooking Herrington Marina

1 S Homestead Lane, Lancaster, KY 40444

$115,000
1.10 AC lot

Residential land with lake views and marina access near Lexington.

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Wooded Waterfront Land
Wooded Waterfront Land

345 Tibbs Lane, Danville, KY 40422

$235,000
5.01 AC lot

Wooded acreage with a lakeside pavilion, secure fencing, and water available.

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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

962 Herrington Hls, Lancaster, KY 40444

Estimated value:
$265,000
0.61 AC lot
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2501 Fisher Frd Rd
CAMPGROUND, RV PARK

2501 Fisher Frd Rd, Lancaster, KY 40444

Estimated value:
$255,000
2.00 AC lot
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Lancaster, KY Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Lancaster, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 20,186 square feet of properties for sale, with an estimated market value of $2,336,500.

Sale prices for residential income properties in Lancaster, KY start at $36,500, averaging $584,125, and reaching up to $1,400,000 — 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

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Quadplexes 2
Duplexes 1
Triplexes 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 $584.1K

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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