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1640 Nicholasville Road, 
Lexington, KY 40503

$775,000


8

Beds


8

Baths


4,097

Sq Ft


Multi-Family

Pending

Listed by

Jon Bentley

Keller Williams Commonwealth

859-721-2121

Last updated:

August 27, 2026, 03:42 AM

MLS#

26007439

Source:

KY LBAR

About This Home

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 **

Home Facts

Multi-Family

8 Baths

8 Bedrooms

Built in 1985

Subdivision & Development:

Commercial

Price Summary

775,000

$189 per Sq. Ft.

MLS #:

26007439

Last Updated:

August 27, 2026, 03:42 AM

Added:

5 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

4,097 Sq. Ft.


Structure

Structure

Building Area:

4,097 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

29,969


Finances & Disclosures

Finances

Price:

$775,000

Price per Sq. Ft:

$189 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.