# 1640 Nicholasville Road, Lexington, KY 40503

> **TL;DR:** 8bd/8ba residential multi family, $775,000 ($189/sqft), built 1985, 4,097 sqft.
> A/C. Est. $3,358/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $775,000 |
| Price/sqft | $189 |
| Bedrooms | 8 |
| Bathrooms | 8 full |
| Square Feet | 4,097 |
| Year Built | 1985 |
| Lot Size | 29,969 sqft (0.69 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,358 |
| **Total** | **$3,358** |

## Nearby Schools

- **Elementary:** Glendover
- **Middle:** Mary E Britton
- **High:** Lafayette

## Key Amenities

- A/C

## Property Highlights

- Built in 1985
- 0.69 acre lot
- 3 stories

## Description

### Agent Description
Rare investment opportunity in a prime Lexington location! This updated 4-unit apartment complex is ideally situated next to Central Baptist Hospital and just over a mile from the University of Kentucky, offering strong rental demand and excellent convenience. Each of the four units features 2 bedrooms and 2 full baths, with spacious living rooms that provide comfortable gathering space and an ample kitchen with plenty of cabinet storage, making each unit highly desirable for tenants. All units are located on the third floor of a professional office building, offering added privacy and a unique mixed-use setting. The property includes a common laundry area with coin-operated machines, as well as both elevator and stair access for ease of entry. Tenants will also appreciate the onsite paved parking lot, a valuable amenity in this highly sought-after area. With updated interiors, generous living spaces, and a fantastic location, this property is perfect for investors looking to expand their portfolio with a low-maintenance, income-producing asset.

## Location

- **Address:** 1640 Nicholasville Road, Lexington, KY 40503
- **County:** Fayette
- **Neighborhood:** Commercial
- **Coordinates:** 38.020359, -84.511111
- **Google Maps:** https://www.google.com/maps?q=38.020359,-84.511111

## Listing Agent

- **Name:** Jon Bentley
- **Brokerage:** Keller Williams Commonwealth
- **Phone:** 5025428041
- **Email:** jonbentley@kw.com

## Primary Photo

![1640 Nicholasville Road - Primary Photo](http://lh.rdcpix.com/6e4a8c8215e8e704a73711a4bf5a976dl-f3487864965r.jpg)

*55 total photos available on [listing page](https://www.propertysimple.com/listing/1640-nicholasville-road-lexington-ky-40503-26007439)*

---

**MLS#:** 26007439 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1640-nicholasville-road-lexington-ky-40503-26007439)

---

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  "name": "1640 Nicholasville Road, Lexington, KY 40503",
  "description": "Rare investment opportunity in a prime Lexington location! This updated 4-unit apartment complex is ideally situated next to Central Baptist Hospital and just over a mile from the University of Kentucky, offering strong rental demand and excellent convenience. Each of the four units features 2 bedrooms and 2 full baths, with spacious living rooms that provide comfortable gathering space and an ample kitchen with plenty of cabinet storage, making each unit highly desirable for tenants. All units ",
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