367 N Martin Luther King Boulevard Lexington, KY $ 525,000
367 N Martin Luther King Boulevard
$ 525,000
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367 N Martin Luther King Boulevard

Lexington, KY, 40508
$ 525,000
Bedrooms5 Baths5.0 Sq 4,300

Monthly Estimate*

$ 3,233

367 N Martin Luther King Boulevard, Lexington, KY 40508 - Image 1
367 N Martin Luther King Boulevard, Lexington, KY 40508 - Image 2
367 N Martin Luther King Boulevard, Lexington, KY 40508 - Image 3

Multi-Family Home for sale in Lexington, KY

for $525,000 with 5 bedrooms and 5 full baths. This 4,300 square foot home was built in 1949 on a lot size of 0.05.

Investment opportunity in Downtown Lexington! This property not only features a 4 Plex but it also has a separate single unit home at 156 E 4th St Lexington, KY on the same lot. These properties offer consistent rental income with a history of minimal vacancy, making it an attractive option for investors seeking immediate cash flow. Conveniently located near dining, parks and UK, the property delivers a strong combination of value, accessibility, and long-term potential. This 4 Plex/ Single Unit Home is part of a larger portfolio consisting of six properties and 18 total units. Portfolio includes MLS# 26000741, 26006872, 26006874, 26006877, 26006882

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Multi-Family Active

Price

$ 525,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.05

Year Built

1949

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26006889

Features
General
Heating Electric Forced Air
Cooling Electric Heat Pump Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow Rental Agreement Subject To Tenant Rights
Roof Shingle
Year Built 1949
Property Subtype Quadruplex
Parcel Number 13505050
Community Features Park
County Fayette
New Construction N
Property Type Residential Income
Subdivision Name Downtown
Full Baths 5
Status Active
Directions From E Main Street turn right onto N Martin Luther King Blvd property is Located on the left at the corner of N MLK and E Fourth St.
High School Frederick Douglass
City Lexington
High School District Fayette County - 1
Number Of Units Total 5
MLS Area 002 - Fayette County NE
Lot Size Units Acres
Lot Size Square Feet 2204.0
Elementary School William Wells Brown
Land Lease Y/N N
Middle/Junior High School Lexington Trad
MLS Area Minor 002 - Fayette County NE
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
Lot Size Area 0.05
Number of Buildings 2
Building Area Total 4300.0
Lot Size Acres 0.05
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 5
Total Baths 5
Heating-Forced Air True
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Internal Only
Street Number 1 367
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* Excluded Features
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$3,233
Per Month
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Monthly Principal & Interest
$3,233
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Monthly Home Insurance
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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
3289864 Elementary School
3292819 Middle School
Frederick Douglass High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$525,000 Listed Price

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367 N Martin Luther King Boulevard, Lexington, KY, 40508 is a Multi-Family Home for sale at $525,000 with 4,300 sqft and a lot size of 0.05. 367 N Martin Luther King Boulevard has 5 bedrooms, 5.0 baths, and was built in 1949. The property's zip code is 40508 which is in Lexington, KY