KY
Fayette
Lexington
40517
388 Redding Road
388 Redding Road, Lexington, KY 40517
Share Listing
Listing Type
Multi Family
Listing Status
Active
96
$1,099,900
Home Details for 388 Redding Road
Price
$1,099,900
Type
Residential Income
Bedrooms
16
Total Bathrooms
8
Full Bathrooms
8
Square feet
7300
Year built
1978
Lot size acres
0.2686
County
Fayette
MLS Listing#
26007953
Property Description
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, creating a strong blend of current stability and upside through future interior updates. The property is currently 100% occupied, with all tenants (8) on month-to-month leases, offering maximum flexibility for rent increases, additional renovations, or portfolio repositioning. 5 of 8 tenants are long-term residents who would love to stay, providing dependable in-place income from day one. Seller is license KY real estate agent.
Property Features
Cooling Information
- Central Air
Heating Information
- Electric
School Information
School Information for 388 Redding Road, Lexington, KY 40517
Elementary School
N/A
Middle School
N/A
High School
Tates Creek
Listing Courtesy: Bluegrass Property Exchange - 859-469-9429
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Bluegrass REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by IDX brokerage firms other than EXIT Realty, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers. Information deemed reliable but not guaranteed. Copyright ©2026 Bluegrass REALTORS®. All Rights Reserved.Last Updated: 2026-04-15 14:54:09
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Market statistics compiled from data from Lexington-Bluegrass Association of Realtors.
EXIT REALTY CRUTCHER
60 Devils Hollow Rd, Frankfort, KY 40601Kenny Hawkins
License #: 215465
Sales Representative
Office
502 783 6060
Agent
502 680 6195
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