Pending
Multi-Family/Commercial Mixed-Use Investment Portfolio | Lexington, KY
201 Woodland Ave, 473-477 East Maxwell, 488-498 East High Street, Lexington, KY 40502
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Overview
NAI Isaac is pleased to present a Multi-Family/Commercial Mixed-Use Investment Portfolio in Lexington. Located in a prime University of Kentucky area including East High and East Maxwell Streets. This portfolio includes multiple residential and commercial properties located within four blocks of the University of Kentucky main campus. The University of Kentucky has over 31,800 students and 14,000 employees. The residential properties are situated off Euclid Ave (Avenue of Champions) and Woodland Ave near the W.T. Young Main Library.
- Multiple residential and commercial properties portfolio located in a prime University of Kentucky area
- Great investment with all properties located within four blocks of the University of Kentucky main campus and three blocks of downtown Lexington
- University of Kentucky has over 31,800 students and 14,000 employees
- Kroger and Chevy Chase shopping area with banks (ATMs), drug stores, Starbucks, Domino's pizza, etc. all within walking distance
- Located in one of Lexington's wealthiest zip codes
- Zoned B-1 (Neighborhood Business), P-1 (Professional Office) and R-3 (Planned Neighborhood Residential)
- Most of the property is not located in the Historic Overlay zone so building modifications or new construction are permitted in accordance to the zoning ordinance
- NOI: $273,891
- Sale Price: $3,595,000
For Sale
Investment
Multifamily
Secondary Uses: Mixed Use, Street Retail
- Sale Price
- $3,595,000
- Price Per SF
- $224.69/SF
- Cap Rate
- 7.65%
- Building Size
- 16,000 SF
- Acres
- 0.69 ac
- Zoning
- B-1, P-1, R-3
- Zoning Desc.
- Neighborhood Business
- NOI
- $275,091.97
- Building Name
- Multi-Family/Commercial Mixed-Use Investment Portfolio
- Property Use Type
- Investment
- Total Units
- 7
- Laundry
- In Each Unit
- Nearest Airport
- Bluegrass Airport
- County
- Fayette
- Available
- 08/26/2025
- Listed
- 08/26/2025
- Updated
- 01/27/2026
- Listing ID
- bc670c8a
- Parcel APN
- 15146400
- Additional Parcel APNs



