Incredible investment opportunity in the heart of Lexington! 2824 Snow Road is a 4-unit brick veneer apartment building that combines modern living with a convenient location. All four units have been fully remodeled. Each unit offers 2 bedrooms, one full bath, in unit laundry, and a patio or balcony. Exterior features - newer roof, windows, doors, gutters and more! Interior has many updates including remodeled kitchens, bathrooms, appliances, flooring and more! This building is 100% occupied, ensuring a steady income stream from day one. The property is strategically located next to a daycare, making it an attractive option for tenants seeking comfort and convenience.
Additionally, there is a second building also available for sale 2820 Snow Road, presenting a unique opportunity for investors looking to expand their portfolio in a thriving market. Don't miss out on this excellent investment opportunity!
Sold for $480,000
$480,000
2824 Snow Rd, Lexington, KY 40517
8beds
--sqft
Multi Family
Built in 1979
-- sqft lot
$534,800 Zestimate®
$--/sqft
$1,395 Estimated rent
Home value
$534,800
$497,000 - $572,000
$1,395/mo
Zestimate® history
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$2,947/mo
Est. payment
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$2,947/mo
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List your homeWhat's special
Patio or balconyNewer roofRemodeled kitchensBrick veneerIn unit laundry
Zillow last checked:
Listing updated:
Listed by:
Crystal Towe 859-492-8861,
The Real Estate Group
Bought with:
Susie Stewart, 276019
RE/MAX Elite Lexington
Source: Imagine MLS,MLS#: 24022025
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Property
Parking
- Total spaces: 20
Lot
- Size: 0.52 Acres
Details
- Parcel number: 17195608
- Zoning description: R-3 - PLANNED NBHD RESIDENTIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1979
Community & HOA
Community
- Subdivision: East Hills
Location
- Region: Lexington
Financial & listing details
- Tax assessed value: $473,500
- Annual tax amount: $5,855
- Date on market: 11/1/2024
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2024 | Sold | $480,000-4% |
Source:  Imagine MLS #24022025 Report a problem | ||
| 11/10/2024 | Contingent | $500,000 |
Source: Imagine MLS #24022025 Report a problem | ||
| 11/1/2024 | Listed for sale | $500,000 |
Source: Imagine MLS #24022025 Report a problem | ||
| 1/13/2019 | Listing removed | $545 |
Source: Keller Williams Greater Lexington #1827595 Report a problem | ||
| 12/18/2018 | Listed for rent | $545 |
Source: Keller Williams Greater Lexington #1827595 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,855 +57.8% | $473,500 +57.8% |
| 2024 | $3,710 | $300,000 |
| 2023 | $3,710 +57.8% | $300,000 +63% |
| 2022 | $2,350 | $184,000 |
| 2021 | $2,350 | $184,000 |
| 2020 | $2,350 | $184,000 |
| 2019 | $2,350 | $184,000 |
| 2018 | $2,350 +4.9% | $184,000 |
| 2017 | $2,240 +2.1% | $184,000 +15% |
| 2015 | $2,193 | $160,000 |
| 2014 | $2,193 | $160,000 -18.4% |
| 2012 | $2,193 | $196,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $170,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 40517
Nearby homes
- $1,1502 bd1 ba800 sqft2824 Snow Rd #D, Lexington, KY 40517For Rent
- $--2 bd1 ba700 sqft2824 Snow Rd APT A, Lexington, KY 40517Off Market
- $258,2002 bd1 ba700 sqft2824 Snow Rd APT B, Lexington, KY 40517Off Market
- $259,9002 bd1 ba800 sqft2824 Snow Rd #C, Lexington, KY 40517Off Market
- $450,0008 bd4 ba700 sqft2820 Snow Rd, Lexington, KY 40517Sold
- $--2 bd1 ba850 sqft2820 Snow Rd UNIT C, Lexington, KY 40517Off Market
- $--2 bd1 ba850 sqft2820 Snow Rd UNIT A, Lexington, KY 40517Off Market
- $155,8002 bd1 ba700 sqft2820 Snow Rd #D, Lexington, KY 40517Off Market
Nearby schools
GreatSchools rating
- 6/10Julius Marks Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 7/10Morton Middle SchoolGrades: 6-8Distance: 2.8 mi
- 7/10Henry Clay High SchoolGrades: 9-12Distance: 1.7 mi
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$534,800
2% more
+$10,696
With Zillow Showcase(estimated)
$545,496
- Kentucky
- Fayette County
- Lexington
- 40517
- 2824 Snow Rd
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