Sign up to get new listings emailed daily! SIGN UP LOG IN

Refine Search

400-402 N Limestone , Lexington, KY 40508

$1,000,000
  • 400-402 N Limestone , Lexington, KY 40508 Main Photo

97 Total Photos [Click to View All]

New to the Market Active
BEDS6 BATHS5 full SQUARE FEET4,735 MLS#26007015
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDowntown SCHOOLFayette County - 1

Property Description

Great Investment Opportunity in the Heart of Downtown- positioned in a prime downtown location, this versatile property offers incredible potential for investors. Currently configured with four residential units zoned R-4, one commercial space zoned B-1, and 6 off street parking spots and 2 car garage, this asset provides immediate income with strong upside for future development. Situated within walking distance to the courthouse, Transylvania University, Sayre School, lots of restaurants, and the vibrant downtown scene, the location is ideal for both residential and commercial tenants seeking convenience and accessibility. The property also features valuable off street parking, a rare and highly desirable amenity in a downtown setting. A great strategic long term hold in a high demand area, this is a unique opportunity worth exploring. Salon: $1290 per month leased until 2027 2 bedroom up $1600 per month (until June 2026) 1 bedroom up $1600 per month (month to month) 1 bedroom down $1600 per month (month to month) efficiency $1100 per month

400-402 N Limestone | MLS# 26007015

This multi-family property located at 400-402 N Limestone , Lexington, KY 40508 is currently listed for sale with an asking price of $1,000,000. 400-402 N Limestone is located within the Fayette County - 1 school district. Search Lexington real estate on tsmith.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.12 Acres
Year Built: 1890

Feature Descriptions

Laundry: Electric Dryer Hookup, Washer Hookup
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 0.120 acre(s)
Parcel #: 16603250
Parking Notes: On Site, Enclosed
Structure Type: Multi Family
Utilities: Electricity Connected, Sewer Connected

Local Schools

High School: Frederick Douglass
Middle School: Lexington Trad
Elementary School: William Wells Brown
School District: Fayette County - 1

Listed By / Shown By

Listed By

Agency Name: Turf Town Properties

Shown By

Agent Name: Tim Smith
Agent Phone: (606) 682-0320
Agency Title: SALLIE DAVIDSON, REALTORS

IDX logo

Estimate Your Payment

Estimated Payment

$ 3,884.02 per month $3,592.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)