Lexington, KY Multifamily Homes & Duplexes for Sale

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

Investors!!! This well maintained duplex in the desirable Kenwick neighborhood is ready for an new investor to add it to their portfolio. Each unit has 3 bedrooms and 1 full bathroom. Upstairs and downstairs units. Both units are currently occupied with leases in place. Unit 1 (downstairs), is in a lease for $1500 per month which ends 2/28/2027. Unit 2 (upstairs), is in a lease for $1580 per

Tyler I Back The Brokerage

Don't miss this duplex in the heart of downtown! Lovingly restored in 2019 this duplex has old world charm mixed with modern amenities. The units both have great kitchens with updated cabinetry and appliances. The living areas are spacious and airy. Each units has two bedrooms and an updated bath and they each have a washer and dryer. During the past renovation plumbing, electric as well as the

Lindsay Barsotti ERA Select Real Estate

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

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

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

Don't miss this rare triplex opportunity in Lexington! Featuring three units (1205, 1207, 1209 Reva Ridge), this property is perfect for investors seeking multiple income streams in one location. Each unit offers a similar layout with approximately 1,188 sq ft, 2 bedrooms, and 1.5 baths. The photos shown are from one updated unit, but all units have comparable layouts—making this an ideal setup

Diana C Brooker Lifstyl Real Estate

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

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

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

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

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

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

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

**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

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

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

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

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

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

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

ABSOLUTE ONLINE ONLY AUCTION!!! Online BIDDING ENDS Monday, May 4, 2026 at 12:00PM. Property features SIX total parcels, being offered in the multi-parcel style bidding. Parcels total approx.. 7.46 acres. Parcels will be offered individually, in combinations, or as a whole. Terms & Conditions are as follows: As Is/Non-Contingent/10% earnest money deposit/30 day settlement/buyer's premium

Kristin Halfhill-Larimore Rector Hayden Realtors

1416 Townley Drive is a 16-unit multifamily property in Lexington, KY. Its location offers excellent access to downtown Lexington, major employment centers, universities, public transportation, healthcare centers, and retail corridors. The property, built in 1959, is 5,040 square feet and is situated on .405 acres. Each unit is a 330 square feet studio apartment with hardwood and tile floors and

Alaina Stokes Block + Lot Real Estate

Nine units with 2 bedrooms, 1.5 bath each. Roughly $7909/mo gross income when full. Tenants pay their own water and electric. 6 out of the 9 units have been renovated within the last 2 years with the 3 being renovated within the past 5. The layout is pretty open with big family room that opens into the kitchen. Location is terrific, minutes from the mall, short drive to UK, and much more!

Michael Wang Realty Solutions

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

Income opportunity. Duplex 2 bed 1 bath each side. 2 car garage in back left unit. Both sides are vacant. Being sold as-is

Chris Johnson Plum Tree Realty