Great investment opportunity! Selling as a package which includes the following 20 total units. Five 4 plexes, 1969, 1973, 1977, 1981, 2005 Cambridge Drive. There are 20- two bedroom,1 bath units, all have washer/dryer connections and refrigerator and stove, gas furnace and central air. Units are all metered separately. There are two additional listings with that could be purchased with his portfolio that are within 1/2 mile radius of this property also for sale. 12 units at 1904 Cambridge Drive MLS# 24024820 and 10 units at 1921 Oxford Circle. MLS#24024819.
Sold for $1,500,000
$1,500,000
1969 Cambridge Dr, Lexington, KY 40504
40beds
3,520sqft
Quadruplex
Built in 1970
-- sqft lot
$502,200 Zestimate®
$426/sqft
$932 Estimated rent
Home value
$502,200
$427,000 - $593,000
$932/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
S Ann Wesley 859-296-4663,
Assurance Realty & Property Management
Bought with:
S Ann Wesley, 210283
Assurance Realty & Property Management
Source: Imagine MLS,MLS#: 24024816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 20
- Full bathrooms: 20
Heating
- Forced Air
Cooling
- Electric
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
Property
Parking
- Total spaces: 5
Lot
- Size: 9,757 Square Feet
Details
- Parcel number: 115094731, 15094732, 15094733,15094734, 15094728
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Cardinal Valley
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $426/sqft
- Tax assessed value: $220,000
- Annual tax amount: $2,721
- Date on market: 2/20/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $1,500,000-6.3%$426/sqft |
Source:  Imagine MLS #24024816 Report a problem | ||
| 3/5/2025 | Pending sale | $1,600,000$455/sqft |
Source: Imagine MLS #24024816 Report a problem | ||
| 2/20/2025 | Listed for sale | $1,600,000$455/sqft |
Source: Imagine MLS #24024816 Report a problem | ||
| 1/21/2025 | Contingent | $1,600,000$455/sqft |
Source: Imagine MLS #24024816 Report a problem | ||
| 12/13/2024 | Listed for sale | $1,600,000$455/sqft |
Source: Imagine MLS #24024816 Report a problem | ||
| 12/9/2024 | Contingent | $1,600,000$455/sqft |
Source: Imagine MLS #24024816 Report a problem | ||
| 11/26/2024 | Listed for sale | $1,600,000$455/sqft |
Source: Imagine MLS #24024816 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,721 | $220,000 |
| 2023 | $2,721 -3.2% | $220,000 |
| 2022 | $2,810 +28.2% | $220,000 +28.2% |
| 2021 | $2,192 +15.9% | $171,600 +15.9% |
| 2020 | $1,891 | $148,000 |
| 2019 | $1,891 | $148,000 |
| 2018 | $1,891 +7.1% | $148,000 +2.1% |
| 2017 | $1,765 +12.7% | $145,000 +16.7% |
| 2015 | $1,567 | $124,200 |
| 2014 | $1,567 | $124,200 -11.3% |
| 2012 | $1,567 | $140,000 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $120,000 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 40504
Nearby homes
- $--2 bd1 ba-- sqft1973 Cambridge Dr APT 1, Lexington, KY 40504Off Market
- $444,4008 bd4 ba3.5k sqft1973 Cambridge Dr, Lexington, KY 40504Off Market
- $--2 bd1 ba850 sqft1977 Cambridge Dr #2, Lexington, KY 40504Off Market
- $--2 bd1 ba1k sqft1977 Cambridge Dr APT 1, Lexington, KY 40504Off Market
- $444,4008 bd4 ba3.5k sqft1977 Cambridge Dr, Lexington, KY 40504Off Market
- $--1 bd1 ba500 sqft1972 Cambridge Dr APT 6, Lexington, KY 40504Off Market
- $--1 bd1 ba525 sqft1972 Cambridge Dr APT 12, Lexington, KY 40504Off Market
- $--1 bd1 ba500 sqft1972 Cambridge Dr APT 26, Lexington, KY 40504Off Market
Nearby schools
GreatSchools rating
- 2/10Cardinal Valley Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Leestown Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Paul Laurence Dunbar High SchoolGrades: 9-12Distance: 2.9 mi
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$502,200
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With Zillow Showcase(estimated)
$512,244
- Kentucky
- Fayette County
- Lexington
- 40504
- 1969 Cambridge Dr
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