Excellent investment property with $28,020 per year gross scheduled income. Three of the units each rent for $595 per month and one unit rents for $550 per month and the tenant pays their own utilities. Each unit of this 4-plex has 850 square feet with 2 bedrooms, 1 bathroom, living room, eat-in kitchen with washer/dryer hookups and a storage off rear patio/deck. This is a very well maintained property.
Multi-familyProperty Type
1979Year Built
10,500 sq ftLot Size
$133Est. Price/Sq.Ft.
Listed by Ernie Arnold• The Gibson Company
Bought with null member• Non-Member Office
Source:ImagineMLS #1612423
Redfin Estimate
$458,095
$121K since sold in March 2025
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.7% higher than the average sale price ($410K) of 6 comparable homes.
Excellent investment property with $28,020 per year gross scheduled income. Three of the units each rent for $595 per month and one unit rents for $550 per month and the tenant pays their own utilities. Each unit of this 4-plex has 850 square feet with 2 bedrooms, 1 bathroom, living room, eat-in kitchen with washer/dryer hookups and a storage off rear patio/deck. This is a very well maintained property.
Public Records
Sep 30, 2016
Sold
$258,000
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2015
$2,053 (+1.8%)
2014
$2,017
Tax history for 2825 Snow Rd
Year
Property tax
Land + Additions
Assessment*
2015
$2,053 (+1.8%)
2014
$2,017
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
Planned Neighborhood Residential Zone
The intent of this zone is to provide for medium density mixed residential development, including multi-family dwellings, group residential housing, compact housing types, attached and detached single 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. This zone should provide a variety of housing options rather than a single type. The medium density residential uses should be located along local and collector streets, with lower density residential uses located along local streets. Adequate multi-modal connections should be available to all residents, so to allow for long term viability and incremental growth. Low and Medium density residential land uses 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
Property details
Exterior
Exterior Information
Building Type: Apartment
Property Information
Subdivision Name: EAST HILLS UNIT 3
Building Sq. Ft: 3,444
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,500
Legal Lot Number: 12
Legal Block Number: F
Acres: 0.241
Zoning Code: R-3
County Use Description: M - APARTMENTS 3-19 RENTAL UNI
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,444
Stories: —
Lot Size: 10,500 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1979
Year Renovated: —
County: Fayette County
APN: 17195627
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Julius Marks Elementary School
Public PreK-5 • Assigned • 1.8mi
6/10
Morton Middle School
Public 6-8 • Assigned • 2.7mi
7/10
Henry Clay High School
Public 9-12 • Assigned • 1.7mi
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 • 40517
Average low and high temperatures (°F)
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64
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84
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90
71
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82
60
70
48
57
40
46
32
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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.