An exceptional opportunity to acquire a turnkey portfolio of two neighboring, fully occupied historic duplexes in the heart of downtown Lexington. Originally built in the late 1800s and thoughtfully restored while preserving their historic character, these award-winning properties offer a total of four spacious 2-bedroom, 1-bath residences featuring tall ceilings, restored hardwood floors, updated kitchens and baths, and convenient off-street parking. The package includes a shared off-street parking lot serving both buildings, adding convenience for residents while enhancing the long-term value and functionality of the portfolio. Fully occupied and meticulously maintained, these neighboring duplexes seamlessly blend timeless architecture with modern updates and dependable income potential in one of Lexington's most desirable and walkable neighborhoods, just steps from downtown restaurants, entertainment, shopping, and local attractions. Ideal for investors seeking a stabilized, income-producing asset, this portfolio also presents an outstanding opportunity for an owner-occupant. Live in one unit while the remaining residences help offset your mortgage, create a multigenerational living arrangement, or capitalize on future rental upside. Whether maintained as a long-term cash-flow investment, repositioned through future rent optimization, or utilized as a premium house hack, the portfolio offers multiple value-creation strategies. Priced well below its 2025 appraised value, this offering provides the potential for immediate equity in addition to dependable cash flow and long-term appreciation. Opportunities to acquire two adjacent, Historic Preservation Award-winning duplexes with a shared parking lot in such a premier downtown location are exceptionally rare. This is a truly one-of-a-kind chance to own a landmark investment in one of Lexington's most sought-after neighborhoods.
For sale
$799,000
148-152 E 4th St, Lexington, KY 40508
8beds
4,900sqft
Quadruplex
Built in 1890
-- sqft lot
$-- Zestimate®
$163/sqft
$-- HOA
What's special
Historic characterUpdated kitchens and bathsConvenient off-street parkingTall ceilingsRestored hardwood floors
- 2 days |
- 313 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
J Corey Griffo 502-804-7067,
RE/MAX Elite Lexington
Source: Imagine MLS,MLS#: 26015659
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup, Upper Level
Interior area
- Total structure area: 4,900
- Total interior livable area: 4,900 sqft
Property
Parking
- Total spaces: 6
- Parking features: On Site, Paved
Lot
- Size: 0.29 Acres
Details
- Parcel number: 38293280 & 38293270
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Year built: 1890
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $163/sqft
- Date on market: 7/1/2026
- Listing terms: 1031 Exchange,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $799,000$163/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Duncan Park
Nearby schools
GreatSchools rating
- 6/10William Wells Brown Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Lexington Middle SchoolGrades: 6-8Distance: 0.1 mi
- 7/10Frederick Douglass High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: William Wells Brown
- Middle: Lexington Trad
- High: Frederick Douglass
Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Kentucky
- Fayette County
- Lexington
- 40508
- Duncan Park
- 148-152 E 4th St
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