1640 Nicholasville Road, Lexington, KY 40503

Lexington
Local realty services provided by:ERA Select Real Estate
1640 Nicholasville Road,Lexington, KY 40503
$775,000
  • 8 Beds
  • 8 Baths
  • 4,097 sq. ft.
  • Multi-family
  • Active
Listed by: jon bentley
Office: keller williams commonwealth
MLS#:26007439
Source:KY_LBAR

Price summary

  • Price:$775,000
  • Price per sq. ft.:$189.16

About this home

Rare investment opportunity in a prime Lexington location! This 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 ample kitchen with plenty of cabinet storage, making each unit highly desirable for tenants. All units are located on the third floor of a professional office building, offering added privacy and a unique mixed-use setting. The property includes a common laundry area with coin-operated machines, as well as both elevator and stair access for ease of entry. Tenants will also appreciate the onsite paved parking lot, a valuable amenity in this highly sought-after area. With updated interiors, generous living spaces, and a fantastic location, this property is perfect for investors looking to expand their...

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Home facts

  • Year built:1985
  • Subdivision & Development:Commercial
  • Listing ID #:26007439
  • Added:135 day(s) ago
  • Updated:August 22, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:4,097 sq. ft.

Heating and cooling

  • Cooling:Electric, Heat Pump
  • Heating:Heat Pump, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Building area:4,097 sq. ft.
  • Lot area:0.69 Acres

Schools

  • High school:Lafayette
  • Middle school:Mary E Britton
  • Elementary school:Glendover

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$189.16
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