115 Delmont Drive Lexington, KY $ 500,000
115 Delmont Drive
$ 500,000
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115 Delmont Drive

Lexington, KY, 40504
$ 500,000
Bedrooms8 Baths4.0 Sq 3,600

Monthly Estimate*

$ 3,079

115 Delmont Drive, Lexington, KY 40504 - Image 1
115 Delmont Drive, Lexington, KY 40504 - Image 2
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115 Delmont Drive, Lexington, KY 40504 - Image 7

Multi-Family Home for sale in Lexington, KY

for $500,000 with 8 bedrooms and 4 full baths. This 3,600 square foot home was built in 1950 on a lot size of 0.34.

115 Delmont Drive is a 4-unit multifamily property in Lexington, KY. The property, built in 1950, is 3,600 square feet and situated on 0.344 acres. Each unit is 800 square feet and offers two bedrooms, one bathroom, and a detached garage. The units feature hardwood floors, a kitchen, dining area, and living room. All utilities are individually metered and paid by Tenants. The property is located on a quiet residential street with off-street parking for all units. The location offers easy access to New Circle Road, downtown Lexington, and amenities on Versailles Road. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 200 N. Hill-N-Dale Street, Danville, KY. Financials available upon request.

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Multi-Family Active

Price

$ 500,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.34

Year Built

1950

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26001822

Features
General
Heating Other
Cooling Other
Possession Close Of Escrow
Zoning R-1C
Year Built 1950
Property Subtype Quadruplex
Parcel Number 24584100
County Fayette
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Commercial
Full Baths 4
Status Active
Directions Versailles Road outbound to right on Delmont Drive property will be on your left.
High School Lafayette
City Lexington
High School District Fayette County - 1
Number Of Units Total 4
MLS Area 004 - Fayette County SW
Lot Size Units Acres
Lot Size Square Feet 14984.64
Elementary School Harrison
Land Lease Y/N N
Middle/Junior High School Lexington Trad
MLS Area Minor 004 - Fayette County SW
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Quadruplex
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features Covered On Site
Lot Size Area 0.34
Number of Buildings 1
Building Area Total 3600.0
Lot Size Acres 0.34
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 8
Total Baths 4
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Internal Only
Street Number 1 115
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* Excluded Features
List By
Block + Lot Real Estate

Broker

alaina@balrealestate.com

Email

Affordability Calculator

$3,079
Per Month
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Monthly Principal & Interest
$3,079
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Default based on a 30-year fixed rate of 6.25% 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
3289948 Elementary School
3292819 Middle School
Lafayette High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2026$500,000 Listed Price

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115 Delmont Drive, Lexington, KY, 40504 is a Multi-Family Home for sale at $500,000 with 3,600 sqft and a lot size of 0.34. 115 Delmont Drive has 8 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 40504 which is in Lexington, KY