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5 Property/14 Unit Multifamily Portfolio 1 Multifamily Properties Offered at $2,562,694 CAD in Lexington, KY
Investment Highlights
- Exceptional multifamily investment opportunity
- Excellent walkability to local retailers and community gardens; Convenient access to Lextran public transportation
- Zoned R-3
- One quadplex at 525 N Limestone; Two duplexes at 914 and 916 N Limestone; Two triplexes at 912 and 918 N Limestone
- Stable in-place income with upside potential
- Compelling combination of scale, location, and long-term value
Executive Summary
Discover an exceptional multifamily investment opportunity in the heart of Lexington’s vibrant NoLi (North Limestone) neighborhood. This well-maintained portfolio includes one quadplex at 525 N Limestone, two duplexes at 914 and 916 N Limestone, and two triplexes at 912 and 918 N Limestone, totaling 14 units. Ideally positioned along the North Limestone corridor, the properties benefit from excellent walkability to Greyline Station, local retailers, community gardens, and frequent neighborhood events, along with convenient access to Lextran public transportation serving downtown and the University of Kentucky.
Originally built in 1949/1965 and fully renovated in 2017, the residences blend historic character with modern updates. Average monthly rent at 912–918 N Limestone is approximately $980 per unit, while average monthly rent at 525 N Limestone is approximately $880, providing stable in-place income with upside potential. Zoned R-3, this low-rise multifamily portfolio offers a compelling combination of scale, location, and long-term value in one of Lexington’s most dynamic and revitalizing districts.
Originally built in 1949/1965 and fully renovated in 2017, the residences blend historic character with modern updates. Average monthly rent at 912–918 N Limestone is approximately $980 per unit, while average monthly rent at 525 N Limestone is approximately $880, providing stable in-place income with upside potential. Zoned R-3, this low-rise multifamily portfolio offers a compelling combination of scale, location, and long-term value in one of Lexington’s most dynamic and revitalizing districts.
Property Facts
| Price | $2,562,694 CAD | Number of Properties | 5 |
| Price / SF | $1,068 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 2,400 SF |
| Status | Active | Total Land Area | 0.13 AC |
| Price | $2,562,694 CAD |
| Price / SF | $1,068 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 2,400 SF |
| Total Land Area | 0.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 525 N Limestone, Lexington, KY 40508 | Multifamily | 2,400 SF | 1965 | - |
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5 Property/14 Unit Multifamily Portfolio
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