115 Delmont Drive, Lexington, KY 40504
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115 Delmont Drive, Lexington, KY 40504
115 Delmont Drive, Lexington, KY 40504
115 Delmont Drive, Lexington, KY 40504
115 Delmont Drive, Lexington, KY 40504

$454,000

$500,000

9.2%
Est.Price: ?

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115 Delmont Drive Lexington, KY 40504

8 Beds

4 Baths

3,600 SqFt

SOLD DATE : 03/20/2026

Key Details

Sold Price $454,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $126

Subdivision Commercial

MLS Listing ID 26001822

Sold Date 03/20/26

Bedrooms 8

Full Baths 4

Year Built 1950

Lot Size 0.344 Acres

Acres 0.34

Property Sub-Type Quadruplex

Property Description

115 Delmont Drive is a 4-unit multifamily property in Lexington, KY. The property, built in 1950, is 3,600 square feet and situated on 0.344 acres. Each unit is 800 square feet and offers two bedrooms, one bathroom, and a detached garage. The units feature hardwood floors, a kitchen, dining area, and living room. All utilities are individually metered and paid by Tenants. The property is located on a quiet residential street with off-street parking for all units. The location offers easy access to New Circle Road, downtown Lexington, and amenities on Versailles Road. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 200 N. Hill-N-Dale Street, Danville, KY. Financials available upon request.

Location

State KY

County Fayette

Zoning R-1C

Interior

Heating Other

Cooling Other

Exterior

Parking Features Covered, On Site

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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KASEY MCCARTY

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