115 Delmont Drive, Lexington, KY 40504
Local realty services provided by:CENTURY 21 Simpson & Associates
115 Delmont Drive,Lexington, KY 40504
$500,000
- 8 Beds
- 4 Baths
- 3,600 sq. ft.
- Multi-family
- Active
Listed by: alaina stokes
Office: block + lot real estate
MLS#:26001822
Source:KY_LBAR
Price summary
- Price:$500,000
- Price per sq. ft.:$138.89
About this home
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.
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Home facts
- Year built:1950
- Listing ID #:26001822
- Added:1 day(s) ago
- Updated:January 28, 2026 at 07:40 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,600 sq. ft.
Heating and cooling
- Cooling:Other
Structure and exterior
- Year built:1950
- Building area:3,600 sq. ft.
- Lot area:0.34 Acres
Schools
- High school:Lafayette
- Middle school:Lexington Trad
- Elementary school:Harrison
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$138.89
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