Property is fully rented with tenants in place. Rare opportunity to own a well-maintained triplex in one of Lexington's most desirable neighborhoods. With a strong rental history and consistent tenant demand, this exceptional income-producing property offers immediate cash flow and long-term investment potential. Conveniently located near shopping, dining, hospitals, schools, major commuter routes, downtown Lexington, UK, and Chevy Chase. The two first-floor units each feature 2 bedrooms, 1.5 bathrooms, a full kitchen, dining area, and spacious living room. The basement unit offers 1 bedroom, 1 bathroom, a full kitchen, dining area, and living room. All three units also include fireplaces. The property features three well-appointed units, providing flexibility for investors, owner-occupants, or those looking to expand their rental portfolio. Each unit showcases attractive hardwood flooring, abundant natural light, and timeless character throughout.
Multi-familyProperty Type
1966Year Built
0.38 acresLot Size
$197Price/Sq.Ft.
5 spacesParking
Listed by Caitlin Mittle• RE/MAX Elite Lexington
Listed by Mary Francis• RE/MAX Elite Lexington
Bought with Christal Browning• Four Seasons Realty
Watch the matterport video. This stunningly remodeled property with three beautifully executed units offers a multitude of opportunities for both a primary residence or an investment or a blend of both. The sky is the limit with this much space in one property: home offices, guest suites, mother-in-law unit ( live in 2037 or 2039 and use the MIL unit for a home office + guest suite). Put your money into this 40502 rental property with a solid cash-flow positive rental history. Each unit is elegant, nicely remodeled and shows beautifully, with loads of natural light. Great large corner lot, fully landscaped and fenced backyard. This property is centrally located, close to downtown, UK and Chevy Chase, and in a great walking neighborhood.
ImagineMLS #20007581
Aug 27, 2020
Listing Removed
—
Aug 18, 2020
Price Changed
$550,000
$148/sq ft
Jul 16, 2020
Relisted
—
Jul 15, 2020
Listing Removed
—
Apr 17, 2020
Listed
$565,000
$152/sq ft
ImagineMLS #1923028
Mar 29, 2020
Listing Removed
—
Sep 30, 2019
Listed
$569,000
$153/sq ft
ImagineMLS #1906445
Sep 30, 2019
Listing Removed
—
Jun 5, 2019
Price Changed
$579,000
$155/sq ft
Mar 29, 2019
Listed
$599,000
$161/sq ft
ImagineMLS #1824918
Feb 26, 2019
Listing Removed
—
Jan 9, 2019
Price Changed
$625,000
$168/sq ft
Nov 1, 2018
Listed
$675,000
$181/sq ft
ImagineMLS #1222275
Oct 21, 2014
Sold
$300,000
$81/sq ft
Sep 19, 2014
Listing Removed
—
Dec 5, 2012
Listed
$335,000
$90/sq ft
ImagineMLS #400473
Feb 19, 2004
Sold
$300,000
$81/sq ft
Jan 18, 2004
Listing Removed
—
Jan 11, 2004
Listed
$315,914
$85/sq ft
Year
Property tax
Land + Additions
Assessment*
2015
$3,623 (+1.8%)
2014
$3,560
Public record
Public record
Zoning
Permits
Beds
5
Baths
4
Stories
1
Lot width
115 ft.
Lot depth
—
Lot size
0.38 Acres
Year renovated
—
Sq. Ft.
3,725
Year built
1966
Style
Multi-Family (2-4 Unit)
County
Fayette County
APN
13759250
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
R-2
Mixed Low Density Residential Zone
The intent of this zone is to provide for a mix of low density residential development and supporting uses. This zone should be located in areas of the community where services and facilities are/will be adequate to serve the anticipated population. This zone should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan. This zone may be used for zero-lot-line houses, patio houses, and other compact housing types.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Office
Park & open space
Dec 16, 2025 • Final
Hvac residential replacement
HVAC
Jun 4, 2020 • Active
Hvac residential replacement
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Other
Interior
Bathroom Information
Bathrooms (Full): 3
Bathrooms (1/2): 2
Heating & Cooling
Has Heating
Heating: Baseboard, Forced Air, Natural Gas
Cooling: Electric
Interior Features
Laundry Features: Electric Dryer Hookup, Washer Hookup, Lower Level
Exterior
Exterior Features
Roof: Shingle
Lot Information
Lot Size Square Feet: 16,552.8
Lot Size Acres: 0.38
Zoning: R-2
Property Information
Structure Type: Triplex
Building Information
Building Area Total: 3,725
Financial
Tax Information
Parcel Number: 13759250
Utilities
Utility Information
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location
School Information
Elementary School: Cassidy
Middle Or Junior School: Morton
High School: Henry Clay
High School District: Fayette County - 1
Location Information
County Or Parish: Fayette
Directions: Property is on the corner of Fontaine an Fortaine Circle. Fontaine from Tates Creek, home is on Left
Subdivision Name: Lakeview
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 3,725
Stories: 1.0
Lot Size: 0.38 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1966
Year Renovated: —
County: Fayette County
APN: 13759250
Home facts updated by county records on Aug 13, 2026
Other
Listing Information
Contingency: Contingent
Around this home
Schools
Cassidy Elementary School
Public K-5 • Assigned • 1.1mi
9/10
Morton Middle School
Public 6-8 • Assigned • 1.1mi
7/10
Henry Clay High School
Public 9-12 • Assigned • 0.2mi
7/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lexington, KY • 40502
Average low and high temperatures (°F)
37
20
48
28
65
40
73
49
74
55
85
65
90
71
86
64
82
60
70
47
57
40
46
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Lexington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$663,000 – $802,000
Reach more buyers when you sell with Redfin. Plus, you'll save $6,973 in fees.