Great location and investment! Instant cash flow. 10 units, all 1 bed/1 bath with market rents of $425 - $495. 8 out of 10 units completely remodeled, new HVAC, cabinets, showers, plumbing etc. A Must See! *$4500.00+ per month income if all 10 rented for $450 per month. Units rent very easily. Tenants pay ALL of their utilities. Call today to view! MUST have at least 48 hours notice to show. 8 of 10 units are occupied. Bus stop located directly in front of building--great for tenants!
This property to be sold at absolute bankruptcy auction on Wednesday 5/23/06 at 11:00 AM. Auctioneer, Jim Halfhill 338-5764.
ImagineMLS #516552
Mar 25, 2006
Listing Removed
—
Sep 3, 2005
Listed
$399,900
$55/sq ft
ImagineMLS #414415
Dec 2, 2004
Sold
$357,909
$49/sq ft
Oct 15, 2004
Listing Removed
—
Sep 28, 2004
Listed
$383,856
$53/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
106 ft.
Lot depth
—
Lot size
0.43 Acres
Year renovated
—
Sq. Ft.
8,880
Year built
1967
Style
Multi-Family (5+ Unit)
County
Fayette County
APN
17185450
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
R-4
Medium Density Residential Zone
The intent of this zone is to provide for medium to medium-high density multi-family dwellings 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. The medium to medium-high density residential uses should be located along collector and arterial streets. Where lower density development occurs in this zone, it should be located along local streets. Adequate multi-modal connections should be available to all residents. Development should be in areas of the community where necessary services and facilities will be adequate to serve the anticipated population. Medium to medium-high density multi-family dwellings should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Jan 2, 2013 • Final
New residential hvac
HVAC
Sep 18, 2012 • Final
Commercial remodel
Remodel
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
Interior
Bathroom Information
Bathrooms (Full): 10
Heating & Cooling
Has Heating
Heating: Electric, Forced Air, Natural Gas
Cooling: Electric
Multi-Unit Information
# of Units Total: 10
Exterior
Exterior Features
Roof: Shingle
Lot Information
Zoning Description: R-4
Property Information
Structure Type: Multi Family
Building Information
Building Area Total: 7,300
Financial
Tax Information
Parcel Number: 17185450
Utilities
Utility Information
Utilities: Electricity Connected, Natural Gas 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: On Fontaine Road between Richmond Road and Lakeshore Drive. Richmond Rd. outbound towards New Circle, right on Fontaine, property on right before Henry Clay High School.
Subdivision Name: Lakeview
Public facts
Beds: —
Baths: —
Sq. Ft.: 8,880
Stories: —
Lot Size: 0.43 acres
Style: Multi-Family (5+ Unit)
Year Built: 1967
Year Renovated: —
County: Fayette County
APN: 17185450
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Cassidy Elementary School
Public K-5 • Assigned • 1.3mi
9/10
Morton Middle School
Public 6-8 • Assigned • 1.3mi
7/10
Henry Clay High School
Public 9-12 • Assigned • 0.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
89
70
86
64
82
60
70
47
57
40
46
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.2 hours in
June and 3.2 hours in December, placing it below the
U.S. average for solar exposure.