Property photo 1
24 Beds
12 Baths
10,368 sqft

$874,900

1801 & 1805 Gerald Drive, Lexington KY, 40511

Price per sqft$84.38
Built in1976
Property size10,368 sqft
Property typeCondominium
Listed by James N Turek with Bluegrass Sotheby's International Realty

Overview

Active

Listed Oct 13, 2026

Updated 2 days ago

Excellent investment opportunity featuring two six-unit apartment buildings at 1801 and 1805 Gerald Drive. The property offers 12 total units, each with 2 bedrooms and 1 bathroom, totaling 24 bedrooms and 12 bathrooms. Individually metered units, along with updated electrical systems and HVAC, provide added value for ownership and management. An income-producing multifamily asset offering investors the opportunity to expand their portfolio with established rental potential.

$5,821/mo

Est. mortgage payment based on a $874,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26028360

Interior Features

Bedrooms
24
Bathrooms
12
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.13 Acres
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Listing Contact:  

The IDX display contains information sourced from the Bluegrass REALTORS® as of 10/14/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/14/2026 at 2:45 PM UTC

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