About 1640 Nicholasville Road
Rare investment opportunity in a prime Lexington location! This 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. **This is only the 4 condos on the top floor, this is not for the entire building **
Residential Income property for sale in Lexington, KY at 1640 Nicholasville Road. This 8 bedroom Residential Income property is priced at $189/sqft
Facts & Features of 1640 Nicholasville Road
| MLS® # | 26007439 |
|---|---|
| Price | $775,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 4,097 |
| Acres | 0.69 |
| Year Built | 1985 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Community Information of 1640 Nicholasville Road
| Address | 1640 Nicholasville Road |
|---|---|
| Area | 003 - Fayette County SE |
| Subdivision | Commercial |
| City | Lexington |
| County | Fayette |
| State | KY |
| Zip Code | 40503 |
Amenities of 1640 Nicholasville Road
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | On Site, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior of 1640 Nicholasville Road
| Heating | Heat Pump, Natural Gas |
|---|---|
| Cooling | Central Air, Ceiling Fan(s), Electric, Heat Pump |
| Fireplace | No |
| # of Stories | 3 |
| Primary Suite On Main floor | No |
Exterior of 1640 Nicholasville Road
| Roof | Shingle |
|---|
School Information On 1640 Nicholasville Road
| District | Fayette County - 1 |
|---|---|
| Elementary | Glendover |
| Middle | Mary E Britton |
| High | Lafayette |
Additional Information On 1640 Nicholasville Road
| Date Listed | April 9th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details On 1640 Nicholasville Road
| Office | Keller Williams Commonwealth |
|---|
