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Mimi Iverson

mimi@welcometokentucky.com +1(859) 310-2814

$399,000

4 Beds

6 Baths

3,610 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,610 sqft

Price per Sqft $110

Subdivision Park Hills

MLS Listing ID 26010181

Bedrooms 4

Full Baths 4

Half Baths 2

Year Built 1986

Lot Size 7,596 Sqft

Acres 0.17

Property Sub-Type Duplex

Property Description

3124-3126 High Ridge Drive, Lexington, KY 40517 offers a rare residential income opportunity in the Park Hills area of Southeast Lexington. This duplex includes one side with 2 bedrooms and 2.5 baths, while the other side is configured as 2 bedrooms and 2.5 baths, with basement space that could function as an additional bedroom, office, guest area, or flexible living space if needed. 3126 High Ridge is currently vacant, while 3124 High Ridge is tenant occupied on a year lease at $1,100 per month - There is no written lease but the tenant would like to stay until early next year, with the tenant being a family member of the owner; 3124 requires at least 4 hours' notice for showings. Area rental comparables currently support estimated rental ranges of approximately $1,500 to $2,000 per side, respectively, depending on unit configuration, condition, lease terms, and market demand. The property has seen substantial updates, including replacement roofs, updated HVAC components, updated hot water tanks, newer windows, appliances, bath vanities, and fixtures, with additional improvements noted in 2022, 2024, and 2025. Additional features include central air, electric heating/cooling, main-level laundry, connected electric, sewer, and water utilities, and off-street parking. Conveniently located near Man O' War Boulevard, Alumni Drive, Tates Creek Road, Hamburg, The Summit at Fritz Farm, UK, downtown Lexington, parks, shopping, dining, schools, and major commuter routes, this property offers strong access to many of Lexington's most popular destinations while maintaining a residential setting. Inspections are welcome; however, the property is being sold as-is.

Location

State KY

County Fayette

Interior

Heating Electric, Heat Pump

Cooling Electric, Heat Pump

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Julius Marks

Middle Schools Tates Creek

High Schools Tates Creek

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by Belmont Realty Group

Mimi Iverson

Agent | License ID: 271853

+1(859) 310-2814

3124 High Ridge Drive Lexington, KY 40517

Mimi Iverson

Key Details

Location

Interior

Exterior

Schools

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3124 High Ridge Drive

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