Multi-family value-add opportunity in Lexington! This 6,612 SF complex contains 5 large townhouse-style units and one lower-level apartment. Situated on a well-located corner lot with long term tenants, offering investor upside potential by addressing unit upgrades and increasing to market rents.
Under contract
$577,000
1721 Hill Rise Dr, Lexington, KY 40504
--beds
0baths
6,612sqft
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
Corner lot
- 55 days
- 89
- 3
Zillow last checked:
Listing updated:
Listed by:
James Schrader 859-321-5660,
Schrader Commercial Properties Llc
Source: My State MLS,MLS#: 11979372
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Basement
- Area: 0
Heating
- Has Heating (Unspecified Type)
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,481
- Total interior livable area: 6,612 sqft
- Finished area above ground: 5,481
Property
Features
- Stories: 2
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 11273025
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: Amps(0)
Community & HOA
Community
- Subdivision: Versailles
HOA
- Has HOA: No
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $87/sqft
- Date on market: 9/14/2026
- Date available: 09/14/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$1,217/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Contingent | $577,000$87/sqft |
Source: My State MLS #11979372 Report a problem | ||
| 9/21/2026 | Listed for sale | $577,000$87/sqft |
Source: My State MLS #11979372 Report a problem | ||
| 9/14/2026 | Contingent | $577,000$87/sqft |
Source: My State MLS #11979372 Report a problem | ||
| 9/14/2026 | Listed for sale | $577,000$87/sqft |
Source: My State MLS #11979372 Report a problem | ||
| 8/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/31/2021 | Listed for rent | $510+4.1% |
Source: Zillow Rental Manager Report a problem | ||
| 3/1/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/6/2020 | Listing removed | $490 |
Source: Owner Report a problem | ||
| 10/4/2020 | Listed for rent | $490 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Cardinal Hill-Pine Meadow
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