1409 Fontaine Road Lexington, KY $ 1,150,000
1409 Fontaine Road
$ 1,150,000
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1409 Fontaine Road

Lexington, KY, 40502
$ 1,150,000
Bedrooms5 Baths4.0 Sq 5,670

Monthly Estimate*

$ 7,943

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Multi-Family Home for sale in Lexington, KY

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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Multi-Family Active

Price

$ 1,150,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.22

Year Built

1940

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26029281

Features
General
Heating 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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Exterior
Parking 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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Interior
Total 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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Internal Only
Street Number 1 1409
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* Excluded Features
List By
Lifstyl Real Estate

Broker

pdrealtygroupky@gmail.com

Email

Affordability Calculator

$7,943
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Monthly Principal & Interest
$7,943
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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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$1,150,000 Listed Price

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1409 Fontaine Road, Lexington, KY, 40502 is a Multi-Family Home for sale at $1,150,000 with 5,670 sqft and a lot size of 0.22. 1409 Fontaine Road has 5 bedrooms, 4.0 baths, and was built in 1940. The property's zip code is 40502 which is in Lexington, KY