Great Investment Property - All Brick Duplex 2 bed/1 bath on each side, three large storage units below accessible from oversized parking space behind the property. Excellent longterm tenants on both sides, 12 month lease in place at $1,150/month for each side. Both tenants want to stay. Located on a large lot on a quiet street backing up to green space. Lot's of opportunities with the large lot and the 3 storage garages, potential for additional rental units. This has been a great rental property, owner needing funds for growing business!
Current Rental Income per month $2,300
Expenses (maintenance, taxes, insurance, not including debt service) $350
Cash Flow $1,950
Property Improvement:
- Bathrooms in both units were remodeled in 2021
- New LVP flooring was installed in both kitchens, dining rooms and hallways
- Much of the plumbing was updated in 2021
- Roof was inspected in 2024 and found to be in good condition
Sold As-Is
Your next investment property is ready to go, let's make a deal!
Sold for $260,000
$260,000
141 Delmont Dr, Lexington, KY 40504
4beds
1,521sqft
MultiFamily
Built in 1964
-- sqft lot
$279,600 Zestimate®
$171/sqft
$1,151 Estimated rent
Home value
$279,600
$260,000 - $299,000
$1,151/mo
Zestimate® history
Owner options
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$1,151/mo
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$1,151/mo
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$1,612/mo
Est. payment
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$1,612/mo
Est. payment
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List your homeWhat's special
New lvp flooringBrick duplexLarge lotQuiet streetLarge storage unitsOversized parking space
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Hardwood, Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 1,521 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - Attached, Off-street, On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 10,846 Square Feet
Details
- Parcel number: 13229100
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Roof: Asphalt
Condition
- Year built: 1964
Community & HOA
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $173,800
- Annual tax amount: $2,149
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $260,000-5.5%$171/sqft |
Source: Public Record Report a problem | ||
| 11/18/2024 | Pending sale | $275,000$181/sqft |
Source: Owner Report a problem | ||
| 11/9/2024 | Listed for sale | $275,000+111.5%$181/sqft |
Source: Owner Report a problem | ||
| 9/4/2020 | Sold | $130,000+106.3%$85/sqft |
Source: Public Record Report a problem | ||
| 9/1/1997 | Sold | $63,000$41/sqft |
Source:  Imagine MLS #704703 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,149 +33.7% | $173,800 +33.7% |
| 2023 | $1,608 -3.2% | $130,000 |
| 2022 | $1,661 | $130,000 |
| 2021 | $1,661 +65.4% | $130,000 +65.4% |
| 2020 | $1,004 | $78,600 |
| 2019 | $1,004 | $78,600 |
| 2018 | $1,004 +4.9% | $78,600 |
| 2017 | $957 -9% | $78,600 -7.4% |
| 2015 | $1,052 | $84,900 |
| 2014 | $1,052 | $84,900 +0% |
| 2012 | $1,052 | $84,860 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $94,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: Cardinal Valley
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Nearby schools
GreatSchools rating
- 5/10Harrison Elementary SchoolGrades: K-5Distance: 1.5 mi
- 5/10Lexington Middle SchoolGrades: 6-8Distance: 2.1 mi
- 10/10Lafayette High SchoolGrades: 9-12Distance: 1.9 mi
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$279,600
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With Zillow Showcase(estimated)
$285,192
- Kentucky
- Fayette County
- Lexington
- 40504
- Cardinal Valley
- 141 Delmont Dr
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