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Price Drop: $10K (11/04)
Street View
$889,900
Monthly Est:$4,429
16 Beds
8 Baths8 full baths
7,300sqft
388 Redding Rd, Lexington, KY 40517
$889,900
$4,429/moEst:
Get Pre-Approved
Quadruplex
Built in 1978
$-- HOA
0.27 acre lot
$122/sq.ft
Description
Attention Investors! 8-Unit Apartment Building. Turn-Key Investment Opportunity With Immediate Value-Add Potential! All the heavy lifting has already been done on this fully occupied asset, making it an easy addition to your portfolio. Recent major capital improvements include a newer roof, gutters, windows, siding, and breaker panels. Several units have also been recently updated/renovated, creating a strong blend of current stability and upside through future interior updates. The property is currently 100% occupied, with all tenants (8) on month-to-month leases, offering maximum flexibility for rent increases, additional renovations, or portfolio repositioning. 5 of 8 tenants are long-term residents who would love to stay, providing dependable in-place income from day one. Seller is license KY real estate agent.
- Houzeo last checked: 4 minutes ago
- Listing updated: November 4, 2026 at 12:45 pm
- Listing Provided by: Iris Todd (859) 396-3267 | Bluegrass Property Exchange (859) 469-9429
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26022566
This condo is in:
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1978
HOA Fees
-
Finished Area
7,300 sqft
Lot Size
0.27 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26022566
MLS Status
Pending
Days on Market
78
Cumulative Days on Market
177
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Interior
Heating
Electric
Cooling
Central Air
Other Features
Subdivision Name
Kirklevington
Price History
| Date | Event | Price |
|---|---|---|
10/26/2026 Source: | Pending | $889,900 -1.11% $122/sqft |
10/02/2026 Source: | Price Decreased | $899,900 -1.10% $123/sqft |
09/17/2026 Source: | Price Decreased | $909,900 -1.62% $125/sqft |
09/03/2026 Source: | Price Decreased | $924,900 -3.65% $127/sqft |
08/19/2026 Source: | Listed for Sale | $959,900 +1.59% $131/sqft |
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Based on information from the IMAGINE MLS® through Nov 06, 2026, 02:45AM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
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