326 E East High Street Street, Lexington, KY 40507 (MLS# 25001916)

326 E East High Street Street, Lexington, KY 40507

$650,000
Property Type: Residential Income Bedrooms: 12 Baths: 4 Square Footage: 2,984 Lot Size (sq. ft.): 6,660 Status: Closed
Current Price: $650,000 List Date: 2/04/2025 Last Modified: 9/10/2026

Overview

Description

Discover an exceptional investment opportunity in the heart of downtown Lexington with this well-maintained quadplex, ideally located within walking distance to Rupp Arena and the University of Kentucky. This property is perfectly positioned to attract a steady flow of tenants, making it an excellent choice for investors seeking reliable cash flow. Recently updated, the quadplex features fresh paint and all-new flooring throughout, providing a contemporary feel while maintaining its original charm. The property is currently fully leased until August 2026, with strong tenants in place who appreciate the prime location and quality living conditions. With its meticulous upkeep and outstanding location, this quadplex not only promises solid rental income but also presents long-term value potential. Whether you're an experienced investor or just starting, don't miss out on the chance to own a piece of downtown Lexington's thriving real estate market. Act now to secure this attractive ...

Listing Details MLS# 25001916

Listing Information

Comp Sale YN
No
Property Sub Type
Quadruplex

Status Change Information

Status Change Timestamp
2025-04-04
Purchase Contract Date
2025-02-10
Close Date
2025-04-04
Close Price
650000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Fayette
Street Number
326
Street Direction Prefix
E
Street Name
East High Street
Street Suffix
Street
State
KY
Zip Code
40507
Directions
E. High St towards downtown, property will be on the left right before Rose St. The parking is on the street behind the property which you would use Rose St to enter.
Parcel Number
11095900

Contract

Original List Price
650000
Start Showing Date
2025-02-04
Listing Contract Date
2025-02-04
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
4251144.54
List Price/SqFt
217.83
Sold Price/Acre
4251144.54
Sold Price/SqFt
217.83
SP/LP
Yes

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Downtown

Interior

Bedrooms Total
12
Bathrooms Total
4
Bathrooms Full
4
Living Area
2984

More Information

Parking Information

Parking Total
20

Building

Year Built
9999
Stories Total
2

Lot

Lot Size Acres
0.1529
Lot Size Square Feet
6660

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Discover an exceptional investment opportunity in the heart of downtown Lexington with this well-maintained quadplex, ideally located within walking distance to Rupp Arena and the University of Kentucky. This property is perfectly positioned to attract a steady flow of tenants, making it an excellent choice for investors seeking reliable cash flow. Recently updated, the quadplex features fresh paint and all-new flooring throughout, providing a contemporary feel while maintaining its original charm. The property is currently fully leased until August 2026, with strong tenants in place who appreciate the prime location and quality living conditions. With its meticulous upkeep and outstanding location, this quadplex not only promises solid rental income but also presents long-term value potential. Whether you're an experienced investor or just starting, don't miss out on the chance to own a piece of downtown Lexington's thriving real estate market. Act now to secure this attractive income-generating property while it lasts!

Income and Expenses

Gross Scheduled Income
64800

Showing Information

Showing Instructions
Please contact Christian McBeath with all sales related communications regarding this listing. Email offers to chrsitian@pratherteam.com via Dotloop. 859-457-0504

Property Features

Cooling: Electric Heating: Heat Pump Possession: Close Of Escrow Roof: Shingle Structure Type: Quadruplex
Listing Office: Keller Williams Bluegrass Realty
Last Updated: September - 10 - 2026
Information deemed reliable but not guaranteed.