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823 Malabu Drive Lexington, KY $ 399,900
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823 Malabu Drive
$ 399,900
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823 Malabu Drive

Lexington, KY, 40502
$ 399,900
Bedrooms5 Baths3.1 Sq 2,604

Monthly Estimate*

$ 2,462

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Multi-Family Home for sale in Lexington, KY

for $399,900 with 5 bedrooms and 3 full baths, 1 half bath. This 2,604 square foot home was built in 1973 on a lot size of 0.36.

Prime opportunity to purchase an income-producing Duplex in the heart of Lansdowne! This duplex offers strong rental history and exceptional upside in one of Lexington's most desirable, established neighborhoods. Each side features spacious living areas, multiple bedrooms, and private entrances—ideal for investors or owner-occupants looking to offset their mortgage with rental income. Unit B includes thoughtful updates to the kitchen, bath, flooring, and more. Unit A has new bathroom tile and a reglazed tub. Many major home systems have been updated over the past five years, including a brand-new roof in 2025. Whether you're expanding your portfolio or looking for a live-in investment, opportunities like this in 40502 don't come around often.

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Multi-Family Active

Price

$ 399,900

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.36

Year Built

1973

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26006220
Features
General
Heating Natural Gas
Cooling Ceiling Fan(s) Central Air
Possession Close Of Escrow
Year Built 1973
Property Subtype Duplex
Parcel Number 54932400
County Fayette
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Brookhaven
Full Baths 3
Status Active
Directions From New Circle Road (Inner Loop) take Tates Creek Road (Exit 18). Turn right onto Tates Creek Road (toward downtown Lexington). Turn left onto Malabu Drive. The property will be on the right-hand si
High School Henry Clay
City Lexington
High School District Fayette County - 1
MLS Area 003 - Fayette County SE
Lot Size Units Acres
Lot Size Square Feet 15463.8
Elementary School Glendover
Land Lease Y/N N
Middle/Junior High School Morton
MLS Area Minor 003 - Fayette County SE
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
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 0.36
Building Area Total 2604.0
Lot Size Acres 0.36
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 1
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 5
Total Baths 4
Heating-Natural Gas True
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Internal Only
Street Number 1 823
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* Excluded Features
List By
True Line Real Estate

Broker

warehouseholdings@gmail.com

Email

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$2,462
Per Month
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Monthly Principal & Interest
$2,462
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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
3289918 Elementary School
3292767 Middle School
Henry Clay High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2026$399,900 Listed Price

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823 Malabu Drive, Lexington, KY, 40502 is a Multi-Family Home for sale at $399,900 with 2,604 sqft and a lot size of 0.36. 823 Malabu Drive has 5 bedrooms, 3.1 baths, and was built in 1973. The property's zip code is 40502 which is in Lexington, KY

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