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Lexington, KY Multifamily Homes & Duplexes for Sale

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  • /29

    $499,900

    • 4 Beds
    • 2 Baths

    711 W Maxwell St, Lexington, KY 40508

    Calling ALL investors! Rare opportunity to own an awesome duplex in the heart of downtown Lexington. The property features two FULLY furnished units, both units are spacious with two bedrooms, one bath, large kitchens and living areas. Both units have laundry hook ups as well. Tenants will enjoy the off street parking option that is located directly behind the property with private alley access.

    Joshua Lynch The Brokerage

    711 W Maxwell St, Lexington, KY 40508
  • /45

    $599,900

    • 6 Beds
    • 2 Baths
    • 2,900 Sq Ft

    1100-1102 Tates Creek Rd, Lexington, KY 40502

    Rare opportunity to own large brick duplex in 40502! This updated property features two spacious units that are both 3 beds/1 bath each and refinished hardwood floors throughout. 9 foot ceilings, freshly updated kitchens and baths, dining area, Furnaces/AC units were replaced in 2024. Each unit has their own covered front porch. Unfinished basement for storage & mechanicals. Make this property

    Will Campbell Ben H Campbell Appraiser, Inc

    1100-1102 Tates Creek Rd, Lexington, KY 40502
  • /18

    $315,000

    • 4 Beds
    • 4 Baths
    • 1,920 Sq Ft

    3617 Appian Way, Lexington, KY 40517

    Great Investment Opportunity - Fully Leased Duplex!! Fully leased duplex offering steady rental income in a convenient location. Each unit includes 2 bedrooms and 1.5 bathrooms, with functional layouts and long-term tenants in place.Carport with storage closet on 3619 Appian sideExterior storage closets for both units at the rear of the buildingBoth units are currently rented at

    Iris Todd Bluegrass Property Exchange

    3617 Appian Way, Lexington, KY 40517
  • /4

    $685,000

    • 5 Beds
    • 5.5 Baths
    • 2,529 Sq Ft

    616 Bellaire Ave, Lexington, KY 40508

    Investor special! This 5-unit multi-family property at 616 Ballaire Ave offers a great opportunity in a high-demand rental area near downtown and UK. The building includes one 2 bed/1 bath unit, three 1 bed/1 bath units, and one studio. With strong income potential and a central location, this property is a solid addition to any rental portfolio.

    David Espinosa Bluegrass Realty Pros, Inc

    616 Bellaire Ave, Lexington, KY 40508
  • /9

    $1,679,300

    • 21 Beds
    • 14 Baths
    • 7,980 Sq Ft

    1145 Appian Crossing Way Unit 1201-1207, Lexington, KY 40517

    Investment opportunity to purchase 7 new construction townhomes all connected in 1 row. Each townhome will have 3 bedrooms and 2 full baths with an attached 1 car garage. They will all be the EVA floor plan. Buyer currently still has the ability to pick standard selections and even do upgrades if desired. Once construction begins and we get further along, townhomes will become spec homes and the

    Philip Wood Keller Williams Bluegrass Realty

    1145 Appian Crossing Way Unit 1201-1207, Lexington, KY 40517
  • /10

    $750,000

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

    1921 Oxford Cir, Lexington, KY 40504

    Attention Investors! This is a 10 unit building, 6 one bedrooms, 4 two bedrooms. All units have refrigerator and stove and are metered seperately for utilities. There is a large attic space for storage or possibly additonal rentals. 2 bedroom units could be easily modified to a 3 bedroom by enclosing the dining room and adding a closet. New roof in 2025

    Ann Wesley Assurance Realty & Property Management

    1921 Oxford Cir, Lexington, KY 40504
  • /36

    $385,000

    • 3 Beds
    • 2 Baths
    • 1,688 Sq Ft

    394 Bassett Ave, Lexington, KY 40502

    Hey, stop scrolling and take a moment to fall in love with 394 Bassett Ave. First off this unique property is located in the historic Kenwick Neighborhood. Now let me explain why this property is so unique, this property could be an investment property for your growing portfolio as it has two units; a first floor that two bedrooms, 1 bathroom, a living room, dining area, kitchen, mudroom/laundry

    Brandon Hedinger Keller Williams Bluegrass Realty

    394 Bassett Ave, Lexington, KY 40502
  • /14

    $499,000

    • 3 Beds
    • 3 Baths
    • 1,843 Sq Ft

    321 Clay Ave, Lexington, KY 40502

    Charming triplex exudes historic appeal in an excellent location close to everything: Chevy Chase, boutique shopping, restaurants, grocery, parks, downtown Lexington and the University of Kentucky. Opportunity awaits for investors or owner occupancy. Currently two units are rented with a third unit rented as Airbnb.

    Adam Rankin Kentucky Real Estate Group

    321 Clay Ave, Lexington, KY 40502
  • /43

    $385,000

    • 4 Beds
    • 2 Baths
    • 2,378 Sq Ft

    112-114 Greenbriar Rd, Lexington, KY 40503

    What a great investment opportunity in a fine area of Lexington, and close to Nicholasville Road, Central Baptist Hospital, and UK. Twobedrooms, one bath on each side of the duplex. There is a nice sized family room and a full kitchen with a range and Refrigerator in eachunit. These units share a garage/carport, and each have a 20% basement area that has a washer and dryer. There is also

    John Sanders Rector Hayden Realtors

    112-114 Greenbriar Rd, Lexington, KY 40503
  • /14

    $810,000

    • 4 Beds
    • 4 Baths
    • 3,772 Sq Ft

    108 Cochran Rd, Lexington, KY 40502

    Fully Occupied 4-plex featuring (4) 1 bed / 1 bath units in the Chevy Chase area - a turnkey opportunity with consistent rental income from day one. Each unit offers a comfortable living space and the property has been well maintained. Low-maintenance, easy-to-manage layout, and strong rental history. Ideal for investors of all types. Secure your next income-producing asset today.

    Dustin Haulk 1 Percent Lists Purple Door

    108 Cochran Rd, Lexington, KY 40502
  • /9

    $195,000

    • 3 Beds
    • 3 Baths

    430 Morgan Ave, Lexington, KY 40505

    This triplex offers three 1 bed / 1 bath units, each designed for easy upkeep and consistent rental income. Whether you're a first-time investor looking for a manageable start or a seasoned pro expanding your portfolio, this property checks all the boxes. With an opportunity to add value, each unit features efficient layouts, strong tenant appeal, and separate entrances. Enjoy steady cash flow,

    Sarah May Mayca Property Solutions

    430 Morgan Ave, Lexington, KY 40505
  • /45

    $599,900

    • 12 Beds
    • 4 Baths
    • 2,976 Sq Ft

    419 Douglas Ave, Lexington, KY 40508

    This recently updated Quadplex is ready for it's next investor! Four 3 bedroom, one bath units all with newer flooring, paint andappliances. Washer and dryer hook ups available. Two newer AC units. Some off street parking available around back. This is a moneymaker waiting for it's next owner with all units rented until 2026.

    Lindsay Barsotti ERA Select Real Estate

    419 Douglas Ave, Lexington, KY 40508
  • /2

    $210,000

    1417 Edgelawn Ave, Lexington, KY 40505

    Michael Kiefer Riesig Realty

    1417 Edgelawn Ave, Lexington, KY 40505
  • /2

    $205,000

    • 4 Beds
    • 2 Baths

    154 E Sixth St, Lexington, KY 40508

    Michael Kiefer Riesig Realty

    154 E Sixth St, Lexington, KY 40508

Why Live in Lexington

Known as the Horse Capital of the World, Lexington captivates residents with its prestigious Keeneland Race Course, which hosts thrilling thoroughbred racing during Spring and Fall meets. The Kentucky Horse Park stands as a working horse farm where visitors experience diverse horse breeds and demonstrations. Beyond equestrian attractions, the city features cultural landmarks like the historic Lexington Opera House and the Mary Todd Lincoln House. The dining scene includes upscale establishments such as Jeff Ruby's Steakhouse, featuring a grand piano stage, and farm-to-table restaurants like Honeywood. The Lexington housing market presents diverse options across price points. The median sale price for homes sits at $332,500. Single family homes have a median price of $356,000, while townhomes have a median price of $286,000. One-bedroom condos start at a median price of $178,000, and two-bedroom condos have a median price of $254,800. Luxury neighborhoods like Ashland Park command a median single family home price of $826,500, while areas like Meadowthorpe maintain a median single family home price of $335,600. Lexington's cost of living registers 8% below the national average. A family with children ages 6 to 17 needs $97,000 annually to live comfortably, while renters require $52,000. The property tax rate in Fayette County is 0.89%, comparing favorably to Cincinnati's Hamilton County rate of 1.53%. Kentucky maintains a 6% state sales tax with no additional local tax. The University of Kentucky anchors the education system, complemented by highly rated schools like Paul Laurence Dunbar High School and Sayre School, both earning A ratings. The city's 100 plus parks include the Arboretum and Raven Run Nature Sanctuary, which features historic mill ruins along its hiking trails. Residents enjoy a reasonable commute, with most major attractions accessible within 15 minutes from downtown via personal vehicle or the Lextran public bus system.

Home Trends in Lexington, KY

Housing Trends

Median Sale Price
$432,000
Median Single Family Sale Price
$479,000
Median Townhouse Sale Price
$330,000
Median 2 Bedroom Sale Price
$305,625
Median 1 Bedroom Sale Price
$297,500
Average Price Per Sq Ft
$221
Number of Homes for Sale
76
Last 12 months Home Sales
909
Months of Supply
1.00
Median List Price
$459,223
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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