$590,000
$580,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
405 & 407 W Third Street Lexington, KY 40508
8 Beds
4 Baths
3,922 SqFt
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,922 sqft
Price per Sqft $150
Subdivision Downtown
MLS Listing ID 25506041
Sold Date 12/23/25
Bedrooms 8
Full Baths 4
Year Built 1950
Lot Size 6,094 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Property Description
An excellent investment opportunity in a fantastic downtown location! Situated right next to Transylvania University, and minutes from the new Gatton Park, Rupp Arena, popular breweries, and more, this fully rented 4-plex offers solid income and strong long-term potential. The property is being sold with the adjacent lot at 407 W Third St. The lot is zoned R-4 which is ideal for future development or expansion in a Designated Opportunity Zone. Don't miss this rare chance to own income-producing property with value-add possibilities in an unbeatable location.
Location
State KY
County Fayette
Zoning Other
Interior
Heating Natural Gas
Cooling Central Air
Exterior
View Y/N N
Handicap Access No
Private Pool No
Building
New Construction No
Schools
Elementary Schools Harrison
Middle Schools Lexington Trad
High Schools Lafayette
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