Triplex

Nicholasville, KY Triplexes for Sale

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Downtown Triplex with Historic Character
Updated: Jul 20
Downtown Triplex with Historic Character

209 S 1st Street, Nicholasville, KY 40356

$224,900
2,941 sqft 0.23 AC lot
Three‑unit multifamily property at 209 S 1st Street in downtown Nicholasville
2,941 square feet on a 0.2336‑acre parcel
Built in 1791 with historic character
All three units occupied by month‑to‑month tenants
Electric service billed separately for each unit
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Historic Three-Unit Triplex
Updated: Jul 24
Historic Three-Unit Triplex

209 S 1st St, Nicholasville, KY 40356

$224,900
2,941 sqft
2,941‑square‑foot historic triplex with three units
First house erected during the establishment of Nicholasville in the late 1700s
All three units occupied by month‑to‑month tenants who would like to remain
Professionally managed for the past two years
Tenants pay water and electric, billed separately for each unit
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See what stands out in Jessamine County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Nicholasville, 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 Three-Unit Triplex
Updated Three-Unit Triplex

304306 304-306 Ridgeway Rd, Lexington, KY 40502

$699,000
2,244 sqft

Partially furnished property near the University of Kentucky, downtown Lexington, and UK HealthCare.

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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.

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Triplex with Three Units
Triplex with Three Units

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

$682,500
3,564 sqft 0.14 AC lot

Three-unit triplex built in 1984, with two-bedroom, 1.5-bath layouts in each unit and electric heating and cooling.

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Triplex With Carport and Storage
Triplex With Carport and Storage

221 S Highland Street, Winchester, KY 40391

$239,000
3,007 sqft 0.16 AC lot

Triplex in R-1C zoning with three separate living areas, plus a back parking area, carport, and storage building.

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Nicholasville, KY Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Nicholasville, KY on our real estate platform. These investment opportunities span a total of 5,882 square feet of properties for sale, with an estimated market value of $449,800.

Sale prices for three-family homes in Nicholasville, KY average $224,900 — 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 12
Apartment buildings 4
Triplexes 2

Demographics Overview

Population 45K
Population Growth (5Y) +3.3%
Median Household Income $75,264
College Educated 22.8%

High-Yield Neighborhoods for Investment

Identify Nicholasville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40356 $224.9K

Taxes & Financing

Tax Rate (average for all types) 1.07%
Property Tax per SF $14.37 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jessamine County

New Delisted

Total CRE Inventory on Market (SF)

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