1041-1043 Cross Keys Rd, Lexington, KY 40504

$394,000
16
BD
8
BA
7,056
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$394,000
List Price
$799,000
Closing Date
Aug 21, 2026
MLS#
26014338
Status
CLOSED
Type
Multifamily
City
Lexington
Area
004 - Fayette County SW
County
Fayette
Bedrooms
16
Bathrooms
8
Living Area
7,056
Lot Size
25,787
Year Built
1963

Property Description

Rare opportunity to acquire two fully renovated four-plexes at 1041 & 1043 Cross Keys Road - sold together only, will not be divided. Eight units total, all currently occupied by long-term tenants with an exceptional payment history. Properties feature hardwood floors throughout, updated kitchens, central HVAC, garage parking with washer/dryer hookups in every unit, and marble window sills. Seller has maintained both buildings meticulously since a complete renovation in 2015, including full electrical rewire, new plumbing fixtures, all new appliances, and central air added to all units. Rents are currently below market, offering immediate upside for a new owner. In close proximity to James Lane Allen Elementary, Wolf Run Park, Kroger, and Gardenside Shopping Center. Do not disturb tenants. All inquiries to listing agent. Each apartment is 882 SQ FT, each building is 3528 SQ FT, total for both buildings is 7056 SQ FT.

Additional Information

Acres
0.59
Living Area
7,056
Region
004 - Fayette County SW
Subdivision
Gardenside
Utilities
Electricity Available, Sewer Connected, Water Available

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bluegrass Sotheby's International Realty. Selling Office: .