For sale

Price cut: $35K (8/26)

$515,000

2856 Ryan Cir, Lexington, KY 40509

8beds

5,000sqft

$3,497/mo

Get pre-qualified

Quadruplex

Built in 1999

-- sqft lot

$-- Zestimate^®

$103/sqft

$-- HOA

What's special

All-electric utilitiesDesirable corner locationSought-after layoutAll-brick constructionDurable brick constructionWasher and dryer hookupsConvenient front parking

Excellent income-producing investment property featuring approximately 5,000 square feet of all-brick construction. Built in 1999, this well-maintained quadruplex offers four fully occupied units, each with 2 bedrooms, 1½ baths, washer and dryer hookups, and all-electric utilities. Tenants enjoy convenient front parking and a desirable corner location at Mount Tabor Road and Old Todd Road. With solid occupancy, durable brick construction, and a sought-after layout, this property presents an outstanding opportunity for investors seeking immediate cash flow and long-term value. Fully occupied, 48 hour notice to show.

47 days
850
78

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8
Full bathrooms: 4
1/2 bathrooms: 4

Heating

Electric, Forced Air

Cooling

Central Air, Electric

Appliances

Laundry: Electric Dryer Hookup, Washer Hookup

Interior area

Total structure area: 5,000
Total interior livable area: 5,000 sqft

Property

Parking

Parking features: Paved, Open
Has uncovered spaces: Yes

Lot

Size: 0.26 Acres

Details

Parcel number: 38001030
Zoning: R-4
Zoning description: High Density Apartments

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Roof: Composition

Condition

Year built: 1999

Utilities & green energy

Utilities for property: Cable Available, Electricity Available, Sewer Connected, Underground Utilities, Water Connected

Community & HOA

Community

Subdivision: Commercial

Location

Region: Lexington

Financial & listing details

Price per square foot: $103/sqft
Tax assessed value: $405,000
Annual tax amount: $4,891
Date on market: 8/12/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,196/mo

Price history

Date	Event	Price
8/26/2026	Price change	$515,000-6.4%$103/sqft
Source: Imagine MLS #26021594 Report a problem
8/12/2026	Listed for sale	$550,000+107.5%$110/sqft
Source: Imagine MLS #26021594 Report a problem
1/30/2019	Sold	$265,000-3.6%$53/sqft
Source: Imagine MLS #1827227 Report a problem
12/14/2018	Pending sale	$274,900$55/sqft
Source: Positive Property Management #1827227 Report a problem
12/13/2018	Listed for sale	$274,900$55/sqft
Source: Positive Property Management #1827227 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,891 +52.8%	$405,000 +52.8%
2024	$3,200	$265,000
2023	$3,200 -3.1%	$265,000
2022	$3,304 0%	$265,000
2021	$3,304	$265,000
2020	$3,304	$265,000
2019	$3,304 +5.2%	$265,000 +5.2%
2018	$3,142 +5.1%	$252,000
2017	$2,990 +7.7%	$252,000 +34.8%
2015	$2,776	$187,000
2014	$2,776	$187,000 -26.7%
2012	$2,776	$255,000
2011	--	--
2010	--	--
2009	--	--
2008	--	$255,000
2006	--	--
2005	--	--
2004	--	--