3124 High Ridge Drive Lexington, KY $ 399,000
3124 High Ridge Drive
$ 399,000
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3124 High Ridge Drive

Lexington, KY, 40517
$ 399,000
Bedrooms5 Baths4.2 Sq 3,610

Monthly Estimate*

$ 2,457

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Multi-Family Home for sale in Lexington, KY

for $399,000 with 5 bedrooms and 4 full baths, 2 half baths. This 3,610 square foot home was built in 1986 on a lot size of 0.17.

3124-3126 High Ridge Drive, Lexington, KY 40517 offers a rare residential income opportunity in the Park Hills area of Southeast Lexington. This duplex includes one side with 3 bedrooms and 2.5 baths, while the other side is configured as 2 bedrooms and 2.5 baths, with basement space that could function as an additional bedroom, office, guest area, or flexible living space if needed. 3126 High Ridge is currently vacant, while 3124 High Ridge is tenant occupied on a month-to-month lease at $1,050 per month, with the tenant being a family member of the owner; 3124 requires at least 8 hours' notice for showings. Area rental comparables currently support estimated rental ranges of approximately $1,500 to $2,000 per side, respectively, depending on unit configuration, condition, lease terms, and market demand. The property has seen substantial updates, including replacement roofs, updated HVAC components, updated hot water tanks, newer windows, appliances, bath vanities, and fixtures, with additional improvements noted in 2022, 2024, and 2025. Additional features include central air, electric heating/cooling, main-level laundry, connected electric, sewer, and water utilities, and off-street parking. Conveniently located near Man O' War Boulevard, Alumni Drive, Tates Creek Road, Hamburg, The Summit at Fritz Farm, UK, downtown Lexington, parks, shopping, dining, schools, and major commuter routes, this property offers strong access to many of Lexington's most popular destinations while maintaining a residential setting. Inspections are welcome; however, the property is being sold as-is.

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Multi-Family Active

Price

$ 399,000

Bedrooms

5

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.17

Year Built

1986

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26010181

Features
General
Heating Electric Heat Pump
Cooling Electric Heat Pump
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow Rental Agreement
Roof Shingle
Year Built 1986
Property Subtype Duplex
Parcel Number 42095036
County Fayette
New Construction N
Property Type Residential Income
Subdivision Name Park Hills
Full Baths 4
Status Active
Directions Inside Man O War to Pimlico Parkway Right on High Ridge duplex on the right. Or Alumni Drive (toward MOW) turn Right on Yellowstone Pkwy to Left on Pimlico Parkway Left on High Ridge duplex on the ri
High School Tates Creek
City Lexington
High School District Fayette County - 1
Number Of Units Total 2
MLS Area 003 - Fayette County SE
Lot Size Units Acres
Lot Size Square Feet 7596.86
Elementary School Julius Marks
Land Lease Y/N N
Middle/Junior High School Tates Creek
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
Lot Size Area 0.17
Number of Buildings 1
Building Area Total 3610.0
Lot Size Acres 0.17
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 2
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 5
Total Baths 6
Heating-Heat Pump True
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Internal Only
Street Number 1 3124
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* Excluded Features
List By
Belmont Realty Group

Broker

Affordability Calculator

$2,457
Per Month
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Monthly Principal & Interest
$2,457
Monthly Property Taxes
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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
3289486 Elementary School
3292787 Middle School
Tates Creek High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$399,000 Listed Price

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3124 High Ridge Drive, Lexington, KY, 40517 is a Multi-Family Home for sale at $399,000 with 3,610 sqft and a lot size of 0.17. 3124 High Ridge Drive has 5 bedrooms, 4.2 baths, and was built in 1986. The property's zip code is 40517 which is in Lexington, KY