About 388 Redding Road
Attention Investors! 8-Unit Apartment Building. Turn-Key Investment Opportunity With Immediate Value-Add Potential! All the heavy lifting has already been done on this fully occupied asset, making it an easy addition to your portfolio. Recent major capital improvements include a newer roof, gutters, windows, siding, and breaker panels. Several units have also been recently updated/renovated, creating a strong blend of current stability and upside through future interior updates. The property is currently 100% occupied, with all tenants (8) on month-to-month leases, offering maximum flexibility for rent increases, additional renovations, or portfolio repositioning. 5 of 8 tenants are long-term residents who would love to stay, providing dependable in-place income from day one. Seller is license KY real estate agent.
Residential Income property for sale in Lexington, KY at 388 Redding Road. This 16 bedroom Residential Income property is priced at $127/sqft
Facts & Features of 388 Redding Road
| MLS® # | 26022566 |
|---|---|
| Price | $924,900 |
| Bedrooms | 16 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 7,300 |
| Acres | 0.27 |
| Year Built | 1978 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information of 388 Redding Road
| Address | 388 Redding Road |
|---|---|
| Area | 003 - Fayette County SE |
| Subdivision | Kirklevington |
| City | Lexington |
| County | Fayette |
| State | KY |
| Zip Code | 40517 |
Amenities of 388 Redding Road
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior of 388 Redding Road
| Heating | Electric |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
| Primary Suite On Main floor | No |
School Information On 388 Redding Road
| District | Fayette County - 1 |
|---|---|
| High | Tates Creek |
Additional Information On 388 Redding Road
| Date Listed | August 19th, 2026 |
|---|---|
| Zoning | R-3 - PLANNED NBHD RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details On 388 Redding Road
| Office | Bluegrass Property Exchange |
|---|