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    Lexington, KY
    Triplex

    Lexington, KY Triplexes for Sale

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    Partially Furnished Triplex
    Updated: Aug 7
    Partially Furnished Triplex

    304-306 Ridgeway Road, Lexington, KY 40502

    $699,000
    2,244 sqft 0.17 AC lot
    Three 1BR/1BA units in a single triplex
    2,244 SF property on 0.172 acres
    Partially furnished offering
    Built in 1930
    Forced Air and Heat Pump (Heating); Heat Pump and Central Air cooling
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    Updated Three-Unit Triplex
    Updated: Aug 10
    Updated Three-Unit Triplex

    304306 304-306 Ridgeway Rd, Lexington, KY 40502

    $699,000
    2,244 sqft
    Three 1BR/1BA units
    2,244 SF triplex built in 1930
    Updated property with partial furnishings included
    Located in Lexington’s Chevy Chase neighborhood
    Near the University of Kentucky, downtown Lexington, and UK HealthCare
    View details
    Updated Triplex
    Updated Triplex

    304-306 Ridgeway Rd, Lexington, KY 40502

    $699,000
    2,244 sqft

    Three one-bedroom, one-bath residences convey with furnishings included in part of the property.

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    See hot listings in Lexington

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    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.

    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    113 Lester Street, Berea, KY 40403

    $549,900
    1,500 sqft 1.21 AC lot

    Ground-floor business space pairs with two currently rented apartments.

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    Triplex With Business Space
    Triplex With Business Space

    113 Lester Street, Berea, KY 40403

    $549,900
    1,500 sqft 1.21 AC lot

    Two rented apartments sit above a commercial main level with HVAC and two garage doors.

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    Brick Triplex with Commercial Space
    Brick Triplex with Commercial Space

    502 W Lexington Avenue, Winchester, KY 40391

    $340,000
    4,798 sqft 0.18 AC lot

    Mixed-use property with Lexington Avenue frontage, two upstairs apartments, and a flexible commercial area on the main level.

    View details
    Three-Unit Property with Carport
    Three-Unit Property with Carport

    221 S Highland Street, Winchester, KY 40391

    $239,000
    3,007 sqft 0.16 AC lot

    Three separately configured residences include kitchens, living areas, laundry space, and rear parking with additional storage.

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    Lexington, KY Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Lexington, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,732 square feet of properties for sale, with an estimated market value of $2,097,000.

    Sale prices for three-family homes in Lexington, KY average $699,000 — 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

    Duplexes 38
    Apartment buildings 10
    Quadplexes 5
    Triplexes 3
    Short term rental properties 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
    40502 $715K
    40508 $1.9M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Fayette County

    Retail

    Office

    Property Size Breakdown

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

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    Popular Searches in Lexington, KY

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    Most Searched ZIP Codes in Lexington, KY

    • 40502

    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

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