9-Unit Multifamily Portfolio – 1648 & 1243 Alexandria Drive

$1,125,000

1648 & 1243 Alexandria Dr., Lexington, KY

Offered for sale is a fully occupied 9-unit multifamily portfolio located on Alexandria Drive. The portfolio consists of two adjacent properties: 1648 Alexandria Drive, a multifamily-zoned building comprising seven units, and 1243 Alexandria Drive, a single-family–zoned duplex.

1648 Alexandria Drive is a two-story building with a basement, featuring one basement unit, three units on the ground level, and three units on the second floor. The property underwent renovations between 2023 and 2024, improving overall condition and unit quality.

1243 Alexandria Drive is configured as a duplex, contributing two additional units to the portfolio and providing operational diversification.

The portfolio is fully occupied, offering immediate cash flow and stability. Additional details regarding capital improvements and net operating income will be provided soon.

Contact us today to schedule a tour- Call Josh McCurn, 859.447.4887, or Zach Miller, 704.516.6071.

Property Details

Available Size:

9 Units (7-Plex & Duplex)

Total Building Size:

21,376 +/- SF

Sale Or Lease:

Sale

Property Type:

Investment

Zoning:

MultiFamily