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For sale
    • Price cut: $25K (7/6)
    $974,900

    388 Redding Rd, Lexington, KY 40517

    16beds
    7,300sqft
    : 
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    Quadruplex
    Built in 1978
    -- sqft lot
    $915,400 Zestimate®
    $134/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.
    96 days
    |
    514
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Iris Todd 859-396-3267,

    Bluegrass Property Exchange

    Source: Imagine MLS,MLS#: 26007953MLS Logo

      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: $134/sqft
      • Date on market: 4/15/2026

        Estimated market value

        $915,400

        $870,000 - $961,000

        $1,219/mo

        Price history

        DateEventPrice
        7/6/2026Price change$974,900-2.5%$134/sqft
        Source: Imagine MLS #26007953 Report a problem
        6/6/2026Price change$999,900-4.8%$137/sqft
        Source: Imagine MLS #26007953 Report a problem
        5/18/2026Price change$1,049,900-1.9%$144/sqft
        Source: Imagine MLS #26007953 Report a problem
        5/5/2026Price change$1,069,900-2.7%$147/sqft
        Source: Imagine MLS #26007953 Report a problem
        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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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