1640 Nicholasville Road Lexington, KY $ 699,000
1640 Nicholasville Road
$ 699,000
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1640 Nicholasville Road

Lexington, KY, 40503
$ 699,000
Bedrooms8 Baths8.0

Monthly Estimate*

$ 4,361

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Multi-Family Home for sale in Lexington, KY

for $699,000 with 8 bedrooms and 8 full baths. This home was built in 1985 on a lot size of 0.69.

Four large turn-key condominiums located on the top floor of a professional office building in a prime Lexington location—next door to Central Baptist Hospital and just minutes from the University of Kentucky. Each unit features 2 bedrooms, 2 full baths, a kitchen, and a spacious living area. Units are nicely updated with granite countertops, LVP flooring, and fresh paint throughout. Amenities include coin-operated laundry, storage space, and both elevator and stair access on the top floor. The property also offers newly paved onsite parking. Property is being sold as is, and pricing reflects this condition—making it an excellent investment opportunity in one of Lexington's most desirable business corridors. Call today to schedule your private showing!

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Multi-Family Active

Price

$ 699,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.69

Year Built

1985

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

25014056

Features
General
Heating Forced Air Heat Pump
Cooling Gas Heat Pump
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Year Built 1985
Property Subtype Apartment
Parcel Number 10028140 10028150 10028160 10028170
County Fayette
New Construction N
Property Type Residential Income
Association Amenities Coin Laundry
Subdivision Name Commercial
Full Baths 8
Status Active
Directions Outbound Nicholasville Road toward Central Baptist Building is behind 1638 Nicholasville Road on the left just before Central Baptist.
High School Lafayette
City Lexington
High School District Fayette County - 1
Zoning Description Professional Office
Number Of Units Total 4
MLS Area 003 - Fayette County SE
Lot Size Units Acres
Lot Size Square Feet 29969.0
Elementary School Glendover
Land Lease Y/N N
Middle/Junior High School Mary E Britton
MLS Area Minor 003 - Fayette County SE
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Multi Family
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Total Parking 35.0
Lot Size Area 0.69
Number of Buildings 1
Building Area Total 0.0
Lot Size Acres 0.69
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 8
Total Baths 8
Heating-Heat Pump True
Heating-Forced Air True
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Internal Only
Street Number 1 1640
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* Excluded Features
List By
Indigo & Co

Broker

Affordability Calculator

$4,361
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,361
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3289918 Elementary School
4971753 Middle School
Lafayette High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$699,000 -4.12% Price Down
11/11/2025$729,000 -8.76% Price Down
10/22/2025$799,000 -6.88% Price Down
9/19/2025$858,000 -0.12% Price Down
9/5/2025$859,000 -4.45% Price Down
8/18/2025$899,000 -15.98% Price Down
6/30/2025$1,070,000 Listed Price

Map


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1640 Nicholasville Road, Lexington, KY, 40503 is a Multi-Family Home for sale at $699,000 with a lot size of 0.69. 1640 Nicholasville Road has 8 bedrooms, 8.0 baths, and was built in 1985. The property's zip code is 40503 which is in Lexington, KY