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For sale
  • $1,099,900

    388 Redding Rd, Lexington, KY 40517

    16beds
    7,300sqft
    : 
    Quadruplex
    Built in 1978
    -- sqft lot
    $1,070,000 Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Newer roofBreaker panels
    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.
    5 days
    |
    540
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Iris Todd 859-396-3267,

    Bluegrass Property Exchange

    Source: Imagine MLS,MLS#: 26007953MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Electric
      Cooling
      • Central Air
      Interior area
      • Total structure area: 7,300
      • Total interior livable area: 7,300 sqft

      Property

      Lot
      • Size: 0.27 Acres
      Details
      • Parcel number: 13744638
      • Zoning description: R-3 - PLANNED NBHD RESIDENTIAL

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Condition
      • Year built: 1978

      Community & HOA

      Community
      • Subdivision: Kirklevington
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $151/sqft
      • Date on market: 4/15/2026
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        Estimated market value

        $1,070,000

        $1.02M - $1.12M

        $953/mo

        Price history

        DateEventPrice
        4/15/2026Listed for sale$1,099,900$151/sqft
        Source: Imagine MLS #26007953 Report a problem
        6/22/2019Listing removed$725
        Source: Bluegrass Property Exchange Report a problem
        5/22/2019Listed for rent$725
        Source: Bluegrass Property Exchange Report a problem
        5/17/2018Listing removed$725
        Source: Bluegrass Property Exchange Report a problem
        3/23/2018Listed for rent$725
        Source: Bluegrass Property Exchange Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment
        $6,442/mo
        Principal & interest
        $5672
        Property taxes
        $770
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          Climate risks

          Neighborhood: Blueberry Hill-Brigadoon-Stoneybrook-Baralto

          Getting around

          29 / 100
          Car-Dependent
          44 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • High: Tates Creek

          Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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