For Sale: 5 Property / 14 Unit Trendy NoLi Multifamily Portfolio

Discover an exceptional multifamily investment opportunity in the heart of Lexington’s vibrant NoLi (North Limestone) neighborhood. This well-maintained portfolio includes one quadplex at 525 N Limestone, two duplexes at 914 and 916 N Limestone, and two triplexes at 912 and 918 N Limestone, totaling 14 units. Ideally positioned along the North Limestone corridor, the properties benefit from excellent walkability to Greyline Station, local retailers, community gardens, and frequent neighborhood events, along with convenient access to Lextran public transportation serving downtown and the University of Kentucky.Originally built in 1949/1965 and fully renovated in 2017, the residences blend historic character with modern updates. Average monthly rent at 912–918 N Limestone is approximately $980 per unit, while average monthly rent at 525 N Limestone is approximately $880, providing stable in-place income with upside potential. Zoned R-3, this low-rise multifamily portfolio offers a compelling combination of scale, location, and long-term value in one of Lexington’s most dynamic and revitalizing districts.

Exceptional multifamily investment opportunity
One quadplex at 525 N Limestone
Two duplexes at 914 and 916 N Limestone
Two triplexes at 912 and 918 N Limestone
Totaling 14 units
Excellent walkability to local retailers and community gardens
Convenient access to Lextran public transportation
Built in 1949/1965, fully renovated in 2017
Average monthly rent at 912-918 N Limestone: $980 per unit
Average monthly rent at 525 N Limestone: $880
Stable in-place income with upside potential
Zoned R-3
Compelling combination of scale, location, and long-term value