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    Lexington, KY Triplexes for Sale

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    Nicholasville, KY Versailles, KY Richmond, KY
    Lexington Triplex Investment Opportunity
    $682,500
    3,564 SF
    Lexington Triplex Investment Opportunity

    1205, 1207, 1209 Reva Ridge Way, Lexington, KY 40517

    Triplex in Lexington with strong income potential in prime location.
    • Triplex property offers multiple income streams for investors.
    • Prime location near shopping, dining, and major roadways.
    • Each unit features a similar layout with approximately 1,188 sq ft, 2 bedrooms, and 1.5 baths.
    • Consistent rental demand due to desirable unit layouts.
    • Updated unit showcases the potential of all three units.
    Updated: Mar 18
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Triplex Income Property
    $420,000
    2,784 SF
    Triplex Income Property

    Three-unit triplex with recent updates and two units currently rented, offering immediate rental use for an owner-operator.

    119 Fifth Avenue, Clay City, KY 40312

    View details
    Brick Mixed-Use Triplex
    $350,000
    4,798 SF
    Brick Mixed-Use Triplex

    Brick triplex combines an on-site storefront with two-bedroom apartments and dedicated laundry hook-ups in every unit.

    502 W Lexington Avenue, Winchester, KY 40391

    View details
    Downtown Triplex Income Property
    $250,000
    2,445 SF
    Downtown Triplex Income Property

    Turnkey triplex with two updated units and a third unit occupied by a long-term tenant.

    130 E Broadway Street, Winchester, KY 40391

    View details
    Versatile Income Property with Acreage
    $445,000
    3.00 Acres
    Versatile Income Property with Acreage

    Fully rented 8-unit property on 3 acres near Mountain Parkway.

    2885 Main St, Clay City, KY 40312

    View details

    Lexington, KY Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Lexington, KY on our real estate platform. These investment opportunities span a total of 3,564 square feet of properties for sale, with an estimated market value of $682,500.

    Sale prices for three-family homes in Lexington, KY start at $682,500, averaging $682,500, and reaching up to $682,500 — 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

    Duplexes 10
    Apartment buildings 5
    Quadplexes 4
    Short term rental properties 2
    Triplexes 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    40517 $682.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $11.25 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fayette County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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