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Nicholasville, KY Multifamily Homes & Duplexes for Sale

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  • 200 Strawberry Ln, Nicholasville, KY 40356
    200 Strawberry Ln, Nicholasville, KY 40356
    200 Strawberry Ln, Nicholasville, KY 40356
    /18

    $1,274,900

    • 16 Beds
    • 16 Baths
    • 1,200 Sq Ft

    200 Strawberry Ln, Nicholasville, KY 40356

    Excellent addition to any portfolio! These all brick 8 townhomes are well worth the investment. Each unit has two bedrooms, one and a half baths and a utility room. Tenants like the large units, both bedrooms have walk in closets, plenty of parking and the backyard space. Units range from 1102-1254 square feet per pva. Location is great; close to restaurants and shopping. Just a short distance to

    Dawn Wheeler United Real Estate Bluegrass

    200 Strawberry Ln, Nicholasville, KY 40356
  • 510-512 N Central Ave, Nicholasville, KY 40356
    510-512 N Central Ave, Nicholasville, KY 40356
    510-512 N Central Ave, Nicholasville, KY 40356
    /36

    $329,900 New Construction

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

    510-512 N Central Ave, Nicholasville, KY 40356

    Newly completed duplex. Each side is completed with two spacious bedrooms, 1.5 bathrooms, and a nice open living concept. Enjoy the luxury vinyl plank flooring on the first level. Beautiful Cabinetry and access to rear yard. Size lot is great for long-term tenants. Dimensional shingles, city sewer, city water, electric heat pump on each side. Electric water heater. Located conveniently downtown

    Maggie Taylor RE/MAX Creative Realty

    510-512 N Central Ave, Nicholasville, KY 40356
  • 166 Heritage Dr, Nicholasville, KY 40356
    166 Heritage Dr, Nicholasville, KY 40356
    166 Heritage Dr, Nicholasville, KY 40356
    /17

    $1,370,000

    • 16 Beds
    • 17 Baths
    • 10,688 Sq Ft

    166 Heritage Dr, Nicholasville, KY 40356

    Prime location and exceptional value! 8 Townhomes for your portfolio with a mixture of long term tenancy, month to month and short term leases. Located on the north side of recently upgraded Lake Mingo Park, all 8 units are 2 bedrooms and 1.5 bathrooms with one-car garages. 7 of the units have unfinished basements with the 8th basement being used as a management office. NEW roofs, NEW siding, NEW

    Terra Jeffries RE/MAX Elite Realty

    166 Heritage Dr, Nicholasville, KY 40356
  • 112 A-B Meadowlark, Nicholasville, KY 40356
    112 A-B Meadowlark, Nicholasville, KY 40356
    112 A-B Meadowlark, Nicholasville, KY 40356
    /37

    $329,000

    • 4 Beds
    • 2 Baths
    • 2,135 Sq Ft

    112 A-B Meadowlark, Nicholasville, KY 40356

    Hard to find custom built duplex includes brick exterior, walk out basement and each unit includes 1+ car oversized garage. This charming duplex features 2 spacious bedrooms and bathroom on each side. Each Living Room has door to private front entry of home and nice views of front yard. Eat in kitchen includes range, refrigerator and nice pantry. Washer and Dryer closet includes additional

    Maggie Taylor RE/MAX Creative Realty

    112 A-B Meadowlark, Nicholasville, KY 40356
  • 112 Lincoln St, Nicholasville, KY 40356
    112 Lincoln St, Nicholasville, KY 40356
    112 Lincoln St, Nicholasville, KY 40356
    /79

    $175,000

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft

    112 Lincoln St, Nicholasville, KY 40356

    Two properties for one price! An investors dream! Welcome to 110-112 Lincoln St! Duplex and lot combo. Very unique and special property owned by one owner! Combo sale. Selling as-is.

    Jessica Crutcher Guide Realty, Inc.

    112 Lincoln St, Nicholasville, KY 40356
  • 107 Ross St, Nicholasville, KY 40356
    107 Ross St, Nicholasville, KY 40356
    /2

    $275,000

    • 4 Beds
    • 3 Baths
    • 2,296 Sq Ft

    107 Ross St, Nicholasville, KY 40356

    Turnkey investment opportunity! This newly renovated triplex is a strong income-producing asset with updates throughout. Each unit features modern finishes, updated kitchens and bathrooms, new flooring, and fresh paint, making it highly attractive to tenants and easy to lease. Recent renovations minimize deferred maintenance and support long-term performance. The property offers excellent

    Alyssa Weir ERA Select Real Estate

    107 Ross St, Nicholasville, KY 40356
Kentucky Jessamine County Nicholasville

Multi-Family Homes & Duplexes for Sale in Nicholasville, KY

Why Live in Nicholasville

Nicholasville, Kentucky, located just 12 miles south of Lexington, offers a small-town atmosphere with a population of over 30,000. It is one of the fastest-growing cities in Kentucky, featuring new retail centers and neighborhoods. The city is known for its mix of mid-century ranch-style homes and new traditional builds in expanding subdivisions. Nicholasville's workforce often commutes to Lexington, home to major employers like the University of Kentucky and CHI Saint Joseph Hospital, though the city itself hosts several industrial hubs, including Alltech Biotechnology. The Jessamine County Schools serve the area and are highly rated, providing various career pathways for students. Local attractions include horse farms, golf courses, and wine vineyards, with the Kentucky River and its surrounding hiking trails located 10 miles south. Within the city, residents enjoy parks such as the aquatic center in West Nicholasville and John Preece Park in the south. Community events like the Kentucky Wine and Vine Fest and the summer concert series downtown foster a strong sense of community. The Jessamine Public Library, with its annual Comic Surge event, adds to the cultural fabric of the city. While Nicholasville's dining scene is growing, it may not rival Lexington's. The city is also home to retail giants and the first Wawa in Kentucky. Despite being close to Lexington, rush-hour traffic can extend the commute to over an hour. The Blue Grass Airport, offering domestic flights, is 14 miles away. Nicholasville experiences hot, humid summers and snowy winters.

Learn more about living in Nicholasville

Home Trends in Nicholasville, KY

On average, homes in Nicholasville, KY sell after 42 days on the market compared to the national average of 57 days. The median sale price for homes in Nicholasville, KY over the last 12 months is $355,000, up 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$355,000
Median Single Family Sale Price
$379,900
Median Townhouse Sale Price
$198,950
Median 2 Bedroom Sale Price
$202,375
Average Price Per Sq Ft
$188
Number of Homes for Sale
190
Last 12 months Home Sales
569
Months of Supply
4.00
Median List Price
$385,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
1%
How to Buy a Home How to Finance a Home How to Sell a Home

In Nicholasville, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $175,000 to $1,370,000, there's a range to accomodate every budget. As of May, 2026 the median home price in Nicholasville is $385,000, while the average sale price is $470,001, offering insights into the local housing market. On average, multi-family homes spend 42 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Nicholasville, KY.

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