1409 Fontaine Road
Lexington, KY, 40502 $ 1,150,000
Bedrooms5 Baths4.0 Sq 5,670 Monthly Estimate*
$ 7,943
for $1,150,000 with 5 bedrooms and 4 full baths. This 5,670 square foot home was built in 1940 on a lot size of 0.22.
Located on one of Chevy Chase's most established streets, this stone-façade fourplex offers spacious units, extensive capital improvements, and room for future value-add. Since 2020, nearly every major building system has been updated, including a new shingle roof (2020), flat roof (2025), updated electrical with five separately metered panels, individual central HVAC systems for all four units, PEX plumbing updates, and capped chimneys. Exterior improvements include rebuilt composite front balconies, new upper-level stairs, and a resurfaced parking lot with underground downspout drainage directed away from the foundation. The building consists of three spacious 1BR/1BA units of approximately 1,150 SF each and one 2BR/1BA unit of approximately 1,850 SF. Hardwood floors run throughout, and one of the 1BR units features a fully renovated kitchen and bathroom. The remaining three units offer an opportunity for interior updates, with all three 1BR floor plans providing space for a potential second bedroom. The unfinished lower level includes four private storage rooms and shared laundry facilities. All four units are leased, with lease expirations ranging from April through June 2027. The property offers 5,670 SF above grade, an additional 1,890 SF unfinished basement, and sits on a 0.22-acre R-3 zoned lot.
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FeaturesGeneralHeating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Membrane Shingle
Zoning R-3
Year Built 1940
Property Subtype Quadruplex
Parcel Number 14093100
County Fayette
New Construction N
Property Type Residential Income
Attached Garage false
Subdivision Name Chevy Chase
Full Baths 4
Status Active
Directions High Street to Fontaine Rd Building on the Left.
High School Henry Clay
City Lexington
High School District Fayette County - 1
Number Of Units Total 4
MLS Area 003 - Fayette County SE
Lot Size Units Acres
Lot Size Square Feet 9749
Land Lease Y/N N
MLS Area Minor 003 - Fayette County SE
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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ExteriorParking Features On Site Paved
Total Parking 7
Lot Size Area 0.22
Building Area Total 5670
Lot Size Acres 0.22
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 5
Total Baths 4
Heating-Natural Gas true
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* Excluded FeaturesList ByLifstyl Real EstateBroker
pdrealtygroupky@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,943
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Lexington, KY
Average List Price $577,773
Percent of Sale Price 50%
About Lexington, KY 309,571 Population
19% Since 2002
$ 49,858 Median Income
34.93 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/22/2026 | $1,150,000 | | Listed Price |