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Investment - Homes for Sale in Lexington, KY

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  • /50

    $829,000

    • 4 Beds
    • 2 Baths
    • 3,001 Sq Ft

    182 Bassett Ave, Lexington, KY 40502

    Welcome to this iconic Kenwick bungalow--where timeless charm meets modern versatility in one of Lexington's most sought-after neighborhoods. Perfectly positioned just minutes from downtown, you'll love being steps from the boutiques of Clay Avenue, local dining favorites, and the vibrant social scene that makes Kenwick so special. Built in 1921, this 4-bedroom, 2-bath home spans over 3,000

    Agent Photo

    Mary Ann Morris

    Bluegrass Properties Group

    (859) 549-3528

    182 Bassett Ave, Lexington, KY 40502
  • /10

    $137,900

    • 3 Beds
    • 1.5 Baths
    • 1,080 Sq Ft

    285 Osage Ct, Lexington, KY 40509

    Motivated sellers are ready tome a deal on this fantastic investment opportunity? This charming townhome is perfect for investors offering a great opportunity to step right into ownership with a steady income. Inside you'll love the beautiful wood flooring throughout the home, with tile in the bathrooms and kitchen. Enjoy a stylish walk-in shower, and step outside to your fenced patio that opens

    Agent Photo

    Ed Sarfo

    Commonwealth Real Estate Professionals

    (859) 955-4648

    285 Osage Ct, Lexington, KY 40509
  • /12

    $195,000

    • 3 Beds
    • 1 Bath
    • 1,050 Sq Ft

    420 Dallas Ave, Lexington, KY 40505

    Back on Market due to no fault of the seller! Charming 3-bedroom, 1-bath home in Lexington, KY offering a great opportunity for homeowners or investors alike! This cozy property features a functional layout with a comfortable living area that flows into the kitchen and dining space. The kitchen offers ample cabinet storage and natural light, creating a welcoming space for everyday living. The

    Agent Photo

    Ashley Spencer

    Keller Williams Commonwealth

    (859) 517-4537

    420 Dallas Ave, Lexington, KY 40505
  • /10

    $142,900

    • 3 Beds
    • 1.5 Baths
    • 1,080 Sq Ft

    229 Osage Ct, Lexington, KY 40509

    Motivated sellers ready to make a deal on this fantastic investment opportunity? This charming townhome is perfect for investors offering a great opportunity to step right into ownership with a steady income. Inside you'll love the beautiful wood flooring throughout the home, with tile in the bathrooms and kitchen. Enjoy a stylish walk-in shower, and step outside to your fenced patio that opens

    Agent Photo

    Ed Sarfo

    Commonwealth Real Estate Professionals

    (859) 251-2162

    229 Osage Ct, Lexington, KY 40509
  • /41

    $355,000

    • 3 Beds
    • 2 Baths
    • 1,828 Sq Ft

    308 Squires Rd, Lexington, KY 40515

    Welcome to this charming, well maintained 3 bedroom, 2 bath home nestled in a desirable Lexington location! As you step inside, you're greeted by a welcoming entry and staircase that sets the tone for the home's inviting layout and character. Enjoy a spacious living area perfect for everyday living or entertaining, along with a thoughtfully designed floor plan that offers both comfort and

    Justine Broadway Keller Williams Legacy Group

    308 Squires Rd, Lexington, KY 40515
  • /31

    $419,000

    • 3 Beds
    • 3 Baths
    • 2,426 Sq Ft

    416 Morrison Ave, Lexington, KY 40508

    Welcome to 416 Morrison Ave, a fully renovated historic gem in one of Lexington's most sought-after locations! Just minutes from Downtown Lexington, this prime address places you within walking distance to West Sixth Brewing, Transylvania University, the city's best local dining, charming boutiques, and vibrant entertainment venues including the Lexington Opera House and Rupp Arena at Central

    Thomas Harper Tom Harper and Associates

    416 Morrison Ave, Lexington, KY 40508
  • /17

    $205,000

    • 2 Beds
    • 2 Baths
    • 1,021 Sq Ft

    422-424 E 2nd St, Lexington, KY 40508

    Opportunity Knocks! Whether you're looking for your first investment with a great live-in duplex option or you're a seasoned investor adding to a strong, low-vacancy portfolio, this property is a standout opportunity. Both units are studio-style layouts, offering simple, efficient living spaces that have great appeal. Inside, you'll find luxury vinyl plank flooring throughout. The location also

    Walker Sabourin The Local Agents

    422-424 E 2nd St, Lexington, KY 40508
  • /20

    $375,000

    • 4 Beds
    • 2.5 Baths
    • 2,020 Sq Ft

    2276 Stone Garden Ln, Lexington, KY 40513

    Great opportunity to own a 4-bedroom home in a great school district. Needs some work, but this will be a great investment, HOA restrictions on rentals. Will need paint and flooring and some updates. Four good sized bedrooms, 2.5 bathrooms, dining room. Easy access to Keeneland, airport, and easy access to UK. The backyard is fenced, level and easy to manage. Sold as-is, inspections welcome.

    Nancy Smith Rector Hayden Realtors

    2276 Stone Garden Ln, Lexington, KY 40513
  • /5

    $425,000

    • 3 Beds
    • 1.5 Baths
    • 1,244 Sq Ft

    461 E Maxwell St, Lexington, KY 40508

    Prime investment opportunity in the heart of Lexington! This 3-bedroom, 2-bath home offers 1,244 sq ft of living space and is currently tenant-occupied, generating immediate income for the next owner. Located just blocks from the University of Kentucky campus and downtown Lexington, this property is perfectly positioned for strong rental demand. The home features a traditional layout with defined

    Bob Sophiea eXp Realty, LLC

    461 E Maxwell St, Lexington, KY 40508
  • /43

    $1,390,000

    2308 Evans Mill Rd, Lexington, KY 40515

    This exceptional, fully improved estate acreage presents a rare opportunity in Fayette County, just minutes from Lexington and with convenient access to I-75. Encompassing gently rolling, private countryside, the property features approximately 3,175 linear feet of road frontage along Evans Mill Road, allowing for multiple premier homesites or thoughtfully designed estate improvements. The land

    Kim Morris Berkshire Hathaway de Movellan Properties

    2308 Evans Mill Rd, Lexington, KY 40515
  • /5

    $272,500

    • 3 Beds
    • 2.5 Baths
    • 1,436 Sq Ft

    3125 Daly Place, Lexington, KY 40511

    Welcome to 3125 Daly Place, a charming and well-maintained townhome located in the highly sought-after Parkside at Masterson Station neighborhood of Lexington! This inviting property offers a perfect blend of comfort and convenience with spacious living areas, abundant natural light, and a thoughtfully designed layout. Enjoy the open-concept living and dining spaces, ideal for both everyday

    Diana C Brooker Lifstyl Real Estate

    3125 Daly Place, Lexington, KY 40511
  • /96

    $1,099,900

    • 16 Beds
    • 8 Baths
    • 7,300 Sq Ft

    388 Redding Rd, Lexington, KY 40517

    Attention Investors! 8-Unit Apartment Building. Turn-Key Investment Opportunity With Immediate Value-Add Potential! All the heavy lifting has already been done on this fully occupied asset, making it an easy addition to your portfolio. Recent major capital improvements include a newer roof, gutters, windows, siding, and breaker panels. Several units have also been recently updated/renovated,

    Iris Todd Bluegrass Property Exchange

    388 Redding Rd, Lexington, KY 40517
  • /28

    $299,000

    • 1 Bed
    • 1.5 Baths
    • 832 Sq Ft

    121 N Martin Luther King Blvd Unit 101, Lexington, KY 40507

    Downtown living made easy. This first-level condo in the Nunn Building offers low-maintenance, lock-and-leave convenience in the heart of Lexington—ideal for a primary residence, second home, or investment opportunity. Thoughtfully updated, the unit features brand new appliances (2025), new flooring throughout, fresh paint, updated lighting, and more. The kitchen is equipped with quartz

    Anne Livengood The Brokerage

    121 N Martin Luther King Blvd Unit 101, Lexington, KY 40507
  • /2

    $119,999

    • 2 Beds
    • 1 Bath
    • 3,780 Sq Ft

    415 Chestnut St, Lexington, KY 40508

    Turnkey investment opportunity producing $1,200/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.

    Sharon Allen CENTURY 21 Advantage Realty

    415 Chestnut St, Lexington, KY 40508
  • /14

    $145,000

    • 1 Bed
    • 1 Bath
    • 825 Sq Ft

    186 Eddie St, Lexington, KY 40508

    Quaint starter home or investment property. Home has 1 bedroom, 2 small bonus rooms are long and narrow suitable for office space, storage or bunk beds. Completely fenced front and back with a sliding gate in the back. Large concrete slab in the back that can be used for parking or for a patio area. Home is heated and cooled with split hvac systems.

    Cynthia Hubbard RE/MAX Creative Realty

    186 Eddie St, Lexington, KY 40508
  • /16

    $3,900,000

    • Land
    • 7.71 Acres
    • $505,837 per Acre

    2324 Paris Pike, Lexington, KY 40505

    Joyland Crossing offers 7.71 acres of vacant R-4 land approved for up to 165 residential units, presenting a rare development opportunity in Lexington, Kentucky. Situated just off Paris Pike near the I-75 interchange, this northeast Lexington site combines visibility, accessibility, and growth potential. With approvals already in place, Joyland Crossing provides an ideal setting for a modern

    Bryan Little Keller Williams Commonwealth

    2324 Paris Pike, Lexington, KY 40505
  • /13

    $69,999

    • Land
    • 9,147 Sq Ft
    • $333,329 per Acre

    123 Henton Rd, Lexington, KY 40508

    Discover an exceptional opportunity with this well-located lot just minutes from downtown and within walking distance to The Distillery District and Turner Commons. Enjoy the convenience of quick access to New Circle Road and I-75, making commuting and exploring the city effortless. Whether you're looking to build a home or develop an investment property, this versatile lot offers endless

    Ellie Hatton The Brokerage

    123 Henton Rd, Lexington, KY 40508
  • /18

    $125,000

    • 3 Beds
    • 1 Bath
    • 768 Sq Ft

    722 Shropshire Ave, Lexington, KY 40508

    Opportunity knocks in the heart of downtown Lexington! This charming 3 bedroom, 1 bathroom shotgun-style ranch offers incredible versatility as either a proven investment property or an affordable option for home buyers. With a strong history of steady cash flow, this home is already positioned as a smart addition to any investment portfolio. Inside, you'll find classic character with functional

    Julia Lark The Brokerage

    722 Shropshire Ave, Lexington, KY 40508
  • /27

    $440,000

    • 8 Beds
    • 6 Baths
    • 3,700 Sq Ft

    3884 Sugar Creek Dr, Lexington, KY 40517

    Sugar Creek Drive. — a rare and exceptional duplex opportunity blending modern style, functionality, and strong investment potential! This well maintained duplex sits tucked at the end of a quiet cul de sac in a desirable Lexington neighborhood, offering both peace and convenience. Each side boasts 4 spacious bedrooms and 21⁄2 baths, thoughtfully designed for comfortable everyday living. Recent

    Debbie Adams Home Forward

    3884 Sugar Creek Dr, Lexington, KY 40517
  • /83

    $1,075,000

    • 3 Beds
    • 4 Baths
    • 3,320 Sq Ft

    350 New St, Lexington, KY 40507

    Located in the heart of Lexington, 350 New Street is a truly one-of-a-kind residence offering approximately 3320 square feet of thoughtfully curated living space. With 3 bedrooms, 2 full baths, and 2 half baths, this home seamlessly blends the historic charm of Gratz Park with modern conveniences such as an in-home elevator and luxury appliances. Upon arrival to this urban masterpiece, rich in

    Beth Bell Brown Rector Hayden Realtors

    350 New St, Lexington, KY 40507
  • /55

    $775,000

    • 8 Beds
    • 8 Baths
    • 4,097 Sq Ft

    1640 Nicholasville Rd, Lexington, KY 40503

    Rare investment opportunity in a prime Lexington location! This updated 4-unit apartment complex is ideally situated next to Central Baptist Hospital and just over a mile from the University of Kentucky, offering strong rental demand and excellent convenience. Each of the four units features 2 bedrooms and 2 full baths, with spacious living rooms that provide comfortable gathering space and an

    Jon Bentley Keller Williams Commonwealth

    1640 Nicholasville Rd, Lexington, KY 40503
  • /31

    $149,900

    • 2 Beds
    • 2 Baths
    • 882 Sq Ft

    308 E 7th St Unit 1 & 2, Lexington, KY 40508

    Attention investors and house hackers: Updated Downtown Lexington duplex with both units vacant, ready for you to place your own tenants. This investment property features one-bedroom, one-bathroom layout on each side. An excellent opportunity for steady rental income.

    Iris Todd Bluegrass Property Exchange

    308 E 7th St Unit 1 & 2, Lexington, KY 40508
  • /2

    $149,999

    • 3 Beds
    • 2 Baths
    • 2,962 Sq Ft

    367 Ohio St, Lexington, KY 40508

    Turnkey investment producing $1,500/month, with expansion potential—up to 4 additional properties can be added to maximize cash flow.

    Sharon Allen CENTURY 21 Advantage Realty

    367 Ohio St, Lexington, KY 40508
  • /2

    $149,999

    • 3 Beds
    • 1 Bath
    • 2,962 Sq Ft

    353 Ohio St, Lexington, KY 40508

    Turnkey investment opportunity producing $1,500/month in rental income. Ideal for investors seeking immediate cash flow. up to 4 additional properties can be added to maximize cash flow.

    Sharon Allen CENTURY 21 Advantage Realty

    353 Ohio St, Lexington, KY 40508
  • /3

    $105,000

    • 2 Beds
    • 1 Bath
    • 4,200 Sq Ft

    436 Ohio St, Lexington, KY 40508

    Great investment opportunity! This residential income property offers strong potential for future monthly cash flow. Currently vacant, allowing the new owner to set market rents and maximize returns. Contact the listing agent to schedule a showing.

    Sharon Allen CENTURY 21 Advantage Realty

    436 Ohio St, Lexington, KY 40508
  • /49

    $600,000

    • 4 Beds
    • 2 Baths
    • 2,447 Sq Ft

    440 Henry Clay Blvd, Lexington, KY 40502

    Don't miss this incredible investment opportunity! This well-maintained duplex offers the perfect blend of charm, functionality, and income potential. Featuring beautiful hardwood floors throughout, the property exudes warmth and character while providing durable, low-maintenance living spaces. The upstairs unit has been thoughtfully remodeled, showcasing modern updates that appeal to today's

    Mary Grenet Building The Bluegrass Realty

    440 Henry Clay Blvd, Lexington, KY 40502
  • /2

    $1,095,000

    • 24 Beds
    • 12 Baths
    • 10,368 Sq Ft

    1801 Gerald Dr Unit 1801 and 1805, Lexington, KY 40511

    **PLEASE DO NOT go on property without prior arrangements. DO NOT disturb tenants.** Well-maintained 12-unit multifamily property comprising two side-by-side 6-plex buildings, offering immediate, stable income with long-term tenants and historically low turnover. This asset is ideal for investors seeking reliable returns from day one, with additional upside through future rent increases. Each

    Kimberly DeRossett Legacy Real Estate Firm

    1801 Gerald Dr Unit 1801 and 1805, Lexington, KY 40511
  • /2

    $132,000

    • 2 Beds
    • 1 Bath
    • 696 Sq Ft

    523 1/2 Ohio St, Lexington, KY 40508

    Investment opportunity in downtown Lexington! This home offers consistent rental income with a history of minimal vacancy, making it an attractive option for investors seeking immediate cash flow. Conveniently located near dining, parks, and public transit, the property delivers a strong combination of value, accessibility, and long-term potential. This home is part of a larger portfolio

    W Paul Sabourin The Local Agents

    523 1/2 Ohio St, Lexington, KY 40508
  • /2

    $144,999

    • 4 Beds
    • 1 Bath
    • 3,833 Sq Ft

    347 Ohio St, Lexington, KY 40508

    Turnkey investment opportunity producing $1,200/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.

    Sharon Allen CENTURY 21 Advantage Realty

    347 Ohio St, Lexington, KY 40508
  • /20

    $170,000

    • 2 Beds
    • 2.5 Baths
    • 1,088 Sq Ft

    2806 Hanna Place, Lexington, KY 40509

    Welcome to this two-bedroom, two & half bathroom, two-story townhouse tucked away in a quiet, established neighborhood. Thoughtfully designed, the main level offers a comfortable living area, convenient half bath, and a functional kitchen ideal for everyday living or entertaining. Upstairs, both bedrooms feature private en-suite bathrooms, providing excellent separation of space and privacy.

    Todd McConnell McConnell Real Estate, Inc.

    2806 Hanna Place, Lexington, KY 40509
  • /48

    $675,000

    • 5 Beds
    • 4 Baths
    • 3,585 Sq Ft

    509 W 3rd St, Lexington, KY 40508

    Turn-key four-plex income property in one of downtown Lexington's most sought-after locations—the thriving Jefferson Corridor, surrounded by recently completed high-end developments. This investment opportunity is currently fully leased, generating over $50,000 in annual rental income with low maintenance requirements. Major system upgrades include high-efficiency heating and cooling, along with

    Susan Kennedy Bluegrass Sotheby's International Realty

    509 W 3rd St, Lexington, KY 40508
  • /2

    $189,999

    • 3 Beds
    • 2 Baths
    • 2,100 Sq Ft

    1346 Ohio Terrace, Lexington, KY 40508

    Turnkey investment opportunity producing $1,500/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.

    Sharon Allen CENTURY 21 Advantage Realty

    1346 Ohio Terrace, Lexington, KY 40508
  • /9

    $189,900

    • 2 Beds
    • 1.5 Baths
    • 1,164 Sq Ft

    414 Darby Creek Rd Unit B, Lexington, KY 40509

    Why rent when you can own for less. Please give 2 hour notice for tenant approval. Tenant would like to stay if buying as an investment. Please do not let cat out. Property sold as is inspections welcome. Owner has never occupied. Call today for your private showing

    Kevin Mangold Goshen Real Estate, LLC

    414 Darby Creek Rd Unit B, Lexington, KY 40509
  • /64

    $750,000

    • 14 Beds
    • 10 Baths
    • 9,920 Sq Ft

    1921 Oxford Cir, Lexington, KY 40504

    Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants. Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and

    S Ann Wesley Assurance Realty & Property Management

    1921 Oxford Cir, Lexington, KY 40504
  • /49

    $775,000

    • 5 Beds
    • 2 Baths
    • 3,149 Sq Ft

    1056-1058 Fontaine Rd, Lexington, KY 40502

    This charming duplex in the highly sought-after Ashland Park neighborhood of Lexington offers a versatile property that features a total of five bedrooms and two bathrooms, along with spacious living and dining areas in each unit. (3 bedrooms and 1 bath in one unit and 2 bedrooms and 1 bath in the other unit). Both parts of the duplex offer bright, inviting interiors with abundant natural light

    K Meredith Lane Bluegrass Sotheby's International Realty

    1056-1058 Fontaine Rd, Lexington, KY 40502
  • /9

    $225,000

    • 2 Beds
    • 2 Baths
    • 1,176 Sq Ft

    150 York St, Lexington, KY 40508

    Duplex Investment Opportunity Near Downtown Lexington!Welcome to 148-150 York Street—a well-maintained duplex offering two 1-bedroom, 1-bathroom units in a prime location just minutes from downtown Lexington and the University of Kentucky. Each unit features a comfortable layout with separate entrances, making it ideal for tenants seeking privacy and convenience. With a strong rental

    David Espinosa Bluegrass Realty Pros, Inc

    150 York St, Lexington, KY 40508
  • /3

    $109,500

    • 3 Beds
    • 1 Bath
    • 875 Sq Ft

    724 Florence Ave, Lexington, KY 40508

    Investment Property currently rented. Great location to Downtown, New Circle, bus Line, and parks. Sold As-Is.

    Carol Randolph Aloha Bluegrass Realty & Auction

    724 Florence Ave, Lexington, KY 40508
  • /3

    $115,000

    • 2 Beds
    • 1 Bath
    • 968 Sq Ft

    372 Roosevelt Blvd, Lexington, KY 40508

    Investment property currently rented. Great location with easy access to downtown, New Circle, bus line and parks. Newer furnace and water heater. Great price for income producing property. Sold As-Is.

    Carol Randolph Aloha Bluegrass Realty & Auction

    372 Roosevelt Blvd, Lexington, KY 40508
  • /59

    $565,000

    • 3 Beds
    • 3 Baths
    • 2,508 Sq Ft

    3334 Beacon St, Lexington, KY 40513

    ATTENTION - INVESTORS: Turnkey Investment Opportunity - Upscale Beaumont Townhome with Tenant in Place Through June 2028. Exceptional opportunity to acquire a well-maintained, income-producing townhome with a long-term lease already secured. This 3 bedroom, 3 full bath townhome offers a thoughtfully designed floor plan with upscale finishes and an open-concept living area that provides excellent

    Brooke Haymaker Haymaker Residential Real Estate

    3334 Beacon St, Lexington, KY 40513
  • /3

    $525,000

    • 5 Beds
    • 5 Baths
    • 4,300 Sq Ft

    367 N Martin Luther King Blvd, Lexington, KY 40508

    Investment opportunity in Downtown Lexington! This property not only features a 4 Plex but it also has a separate single unit home at 156 E 4th St Lexington, KY on the same lot. These properties offer consistent rental income with a history of minimal vacancy, making it an attractive option for investors seeking immediate cash flow. Conveniently located near dining, parks and UK, the property

    W Paul Sabourin The Local Agents

    367 N Martin Luther King Blvd, Lexington, KY 40508

Home Trends in Lexington, KY

Housing Trends

Median Sale Price
$348,500
Median Single Family Sale Price
$370,000
Median Townhouse Sale Price
$302,450
Median 2 Bedroom Sale Price
$232,000
Median 1 Bedroom Sale Price
$194,500
Average Price Per Sq Ft
$203
Number of Homes for Sale
542
Last 12 months Home Sales
3,653
Months of Supply
1.80
Median List Price
$365,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
5%
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