1041-1043 Cross Keys Rd, Lexington, KY 40504

$394,000
16
BD
8
BA
7,056
SqFt

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Sold Price
$394,000
List Price
$799,000
Closing Date
Aug 21, 2026
MLS#
26014338
Status
CLOSED
Type
Multifamily
Subtype
Quadruplex
Bedrooms
16
Bathrooms
8
Full Baths
8
Living Area
7,056
Lot Size
25,787

Property Description

Rare opportunity to acquire two fully renovated four-plexes at 1041 & 1043 Cross Keys Road - sold together only, will not be divided. Eight units total, all currently occupied by long-term tenants with an exceptional payment history. Properties feature hardwood floors throughout, updated kitchens, central HVAC, garage parking with washer/dryer hookups in every unit, and marble window sills. Seller has maintained both buildings meticulously since a complete renovation in 2015, including full electrical rewire, new plumbing fixtures, all new appliances, and central air added to all units. Rents are currently below market, offering immediate upside for a new owner. In close proximity to James Lane Allen Elementary, Wolf Run Park, Kroger, and Gardenside Shopping Center. Do not disturb tenants. All inquiries to listing agent. Each apartment is 882 SQ FT, each building is 3528 SQ FT, total for both buildings is 7056 SQ FT.

Additional Information

Elementary School
Lane Allen
Middle School
Beaumont
High School
Lafayette

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Listing courtesy of Bluegrass Sotheby's International Realty. Selling Office: .