KY
Fayette
Lexington
40503
1640 Nicholasville Road
1640 Nicholasville Road, Lexington, KY 40503
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Listing Type
Multi Family
Listing Status
Active
55
$775,000

Home Details for 1640 Nicholasville Road

Price
$775,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
8
Full Bathrooms
8
Square feet
4097
Year built
1985
Lot size acres
0.688
County
Fayette
MLS Listing#
26007439
Property Description

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 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 portfolio with a low-maintenance, income-producing asset.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Electric
    • Heat Pump
  • Utilities
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Water Connected
  • Heating Information
    • Heat Pump
    • Natural Gas
  • Parking
    • On Site
    • Paved
School Information
School Information for 1640 Nicholasville Road, Lexington, KY 40503
Elementary School
Glendover
Middle School
Mary E Britton
High School
Lafayette
Listing Courtesy: Keller Williams Commonwealth - 859-721-2121
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Last Updated: 2026-06-09 13:41:04
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EXIT REALTY CRUTCHER
60 Devils Hollow Rd, Frankfort, KY 40601
Kenny Hawkins
License #: 215465
Sales Representative
Office
502 783 6060
Agent
502 680 6195
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