$577,000
1721 Hill Rise DrLexington, KY 40504
Multifamily property · MLS 11979372 · Listed 51 days ago (Sep 14, 2026)
Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.
About this property
Multi-family value-add opportunity in Lexington! This 6,612 SF complex contains 5 large townhouse-style units and one lower-level apartment. Situated on a well-located corner lot with long term tenants, offering investor upside potential by addressing unit upgrades and increasing to market rents.
Description provided by the listing brokerage.
Key facts
- Asking price
- $577,000
- Status
- Under contract
- Property type
- MultifamilyFrom the MLS property class
- Building area
- 6,612 SFSource field LivingArea
- Land area
- 0.21 acresSource field LotSizeAcres
- Year built
- 1977
- MLS number
- 11979372
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $577,000
- Price per SF of building
- $87/SFAsking price ÷ 6,612 SF reported building area
Building and site
- Stories
- 2
- Reported zoning
- ResidentialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
- County
- Fayette County
Reported features
- Corner location (from the description)“…t. situated on a well-located corner lot with long term tenants, offer…”
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Lexington or multifamily property in Lexington.
Why this listing is on Commercial Only
- Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Guides
Listing courtesy of Schrader Commercial Properties Llc. Listing agent: James Schrader. Listings provided by MyStateMLS.
Listing last modified at the source Oct 13, 2026, 7:04 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 6:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.