New Listing
$750,000
 $4,026 est/mo Sourced by Back At You

160 Cardinal Drive,Lancaster, KY 40444

Lancaster, KY 40444

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Description

Investment Opportunity in Lancaster, KY at 139/149 Cardinal Circle, 140/152 Cardinal Circle. 160/172 Cardinal Circle, and 233/251 Cardinal Circle. Whether you're an experienced investor or looking to add multifamily properties to your portfolio, this is an opportunity worth a closer look. This package includes 4 duplexes for a total of 8 rental units, all centrally located in Lancaster, Kentucky. All eight units are currently leased, offering an established income stream from day one. Each unit features 2 bedrooms and 1 bath, providing a practical floor plan with strong appeal for long-term tenants. With eight income-producing units included in one portfolio, this is a great opportunity to expand your current real estate holdings or make a larger move into multifamily investing. Properties with multiple units and existing tenants don't come along every day; take advantage of the opportunity to add 8 doors to your portfolio at once! 4 Duplexes | 8 Total Units | All Currently Leased | 2 Bedrooms & 1 Bath Per Unit

Details

MLS #26027739
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1997
Days On Site4
Listing Provided ByCornerstone Realty & Auction | Deonica D Asbery

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet832
Units8
Building(s)4
Acreage0.23

Interior

CoolingCentral Air, Heat Pump
HeatingElectric, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofDimensional Style

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site

Utilities

UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Area Information

StateKY
CountyGarrard
CityLancaster
Zip Code40444
Area023 Garrard County
SubareaGarrard County
Community NameQuail Run
School DistrictGarrard County
Elementary SchoolLancaster
High SchoolGarrard Co
Listing VS Median (in Quail Run)
Price:
$750,000
low | high
Med:
$537,450
78.34% of Average
sqft:
832
low | high
Med:
1,483
28.245192307692% of Average
$ / sqft:
$901
low | high
Med:
$527
91.555238987816% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 40444

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.

Contact

Learn More About This Property

Elite Realty

Elite Realty

 (270) 556-2271joemetzgerproperties@gmail.com
StateKY
CountyGarrard
CityLancaster
Zip Code40444
Area023 Garrard County
SubareaGarrard County
Community NameQuail Run
School DistrictGarrard County
Elementary SchoolLancaster
High SchoolGarrard Co
Listing VS Median (in Quail Run)
Price:
$750,000
low | high
Med:
$537,450
78.34% of Average
sqft:
832
low | high
Med:
1,483
28.245192307692% of Average
$ / sqft:
$901
low | high
Med:
$527
91.555238987816% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You
Listing Updated: October 9, 2026 at 8:02:01 AM PDT
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS Template.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.
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