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Deborah Campbell

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(606) 599-5774

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1801 & 1805 Gerald Drive, Lexington, KY 40511

$874,900

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BEDS24 BATHS12 full SQUARE FEET10,368 MLS#26028360

STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWinburn Estates SCHOOLFayette County - 1

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Property Description

Excellent investment opportunity featuring two six-unit apartment buildings at 1801 and 1805 Gerald Drive. The property offers 12 total units, each with 2 bedrooms and 1 bathroom, totaling 24 bedrooms and 12 bathrooms. Individually metered units, along with updated electrical systems and HVAC, provide added value for ownership and management. An income-producing multifamily asset offering investors the opportunity to expand their portfolio with established rental potential.

1801 & 1805 Gerald Drive | MLS# 26028360

This multi-family property located at 1801 & 1805 Gerald Drive, Lexington, KY 40511 is currently listed for sale with an asking price of $874,900. & 1805 Gerald Drive is located within the Fayette County - 1 school district. Search Lexington real estate on debbie.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Central Air, Electric

Fuel Type: Electric

Heating: Electric, Forced Air, Heat Pump

Lot Size: 1.13 Acres

Roof Type: Flat, Membrane, Dimensional Style, Shingle

Year Built: 1976

Feature Descriptions

Days on Site: 21

Laundry: Electric Dryer Hookup, Washer Hookup

Laundry Features: Electric Dryer Hookup, Washer Hookup

Lot Dimensions: 1.125 acre(s)

Parcel #: 16556500

Parking Notes: On Site, Paved, Open

Structure Type: Multi Family

Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Local Schools

High School: Bryan Station

Middle School: Winburn

Elementary School: Mary Todd

School District: Fayette County - 1

Listed By / Shown By

Listed By

Agency Name: Bluegrass Sotheby's International Realty

Shown By

Agent Name: Deborah Campbell
Agent Phone: (606) 599-5774
Agency Title: SALLIE DAVIDSON, REALTORS

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Estimated Payment

$ 3,398.13 per month $3,142.95 Principal & Interest $0.00 Property Tax (data not provided by mls) $255.18 Homeowner's Insurance

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1801 & 1805 Gerald Drive, Lexington, KY 40511

$874,900

SAVE TOUR THIS HOME

Deborah Campbell Office: (606) 877-3000 Cell: (606) 599-5774 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 11/04/2026. The listing information on this page last changed on 11/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 11/04/2026 12:00:45 AM EST) or Imagine MLS (last updated Tue 11/03/2026 11:15:33 PM EST). Real estate listings held by brokerage firms other than SALLIE DAVIDSON, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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