$515,000 $2,924 est/mo Sourced by Back At You
2856 Ryan Circle,Lexington, KY 40509
Lexington, KY 40509
Description
Excellent income-producing investment property featuring approximately 5,000 square feet of all-brick construction. Built in 1999, this well-maintained quadruplex offers four fully occupied units, each with 2 bedrooms, 1½ baths, washer and dryer hookups, and all-electric utilities. Tenants enjoy convenient front parking and a desirable corner location at Mount Tabor Road and Old Todd Road. With solid occupancy, durable brick construction, and a sought-after layout, this property presents an outstanding opportunity for investors seeking immediate cash flow and long-term value. Fully occupied, 48 hour notice to show.
Details
| MLS # | 26021594 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1999 |
| Days On Site | 19 |
| Listing Provided By | Turf Town Properties | Mary Dorval |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 5,000 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R-4 |
| Acreage | 0.26 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Heating | Electric, Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Open, Paved |
Utilities
| Utilities | Cable Available, Electricity Available, Sewer Connected, Water Connected, Underground Utilities |
|---|
Area Information
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40509 |
| Area | 002 Fayette County NE |
| Subarea | Fayette County NE |
| Community Name | Commercial |
| School District | Fayette County |
| Elementary School | Breckinridge |
| High School | Henry Clay |
| Listing VS Median (in Commercial) | |
Price: $515,000 low | high Med: $69,900 sqft: 5,000 low | high Med: 3,200 $ / sqft: $103 low | high Med: $22 On site: 19 low | high Med: 63 | |
Market Activity 40509
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Learn More About This Property
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40509 |
| Area | 002 Fayette County NE |
| Subarea | Fayette County NE |
| Community Name | Commercial |
| School District | Fayette County |
| Elementary School | Breckinridge |
| High School | Henry Clay |
| Listing VS Median (in Commercial) | |
Price: $515,000 low | high Med: $69,900 sqft: 5,000 low | high Med: 3,200 $ / sqft: $103 low | high Med: $22 On site: 19 low | high Med: 63 | |
Listing Updated: August 26, 2026 at 8:11:19 AM PDT
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© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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