Downtown Homes with Quadruplex Subtype

Downtown Homes with Quadruplex Subtype

Welcome to Downtown Kentucky, a vibrant and eclectic neighborhood that perfectly blends urban sophistication with small-town charm. Nestled in the heart of the Bluegrass State, Downtown is a bustling hub of activity, renowned for its rich history, cultural landmarks, and a diverse array of dining and entertainment options.

One of the standout features of this charming subdivision is its unique housing options, particularly the quadruplex homes that offer an ideal living solution for both investors and families alike. Quadruplexes in Downtown KY provide a fantastic opportunity for multi-generational living or rental income, making them a wise choice for those looking to maximize their investment. These homes typically boast spacious layouts, modern amenities, and the added benefit of being close to local attractions, parks, and public transport.

Living in Downtown means you’re just a stroll away from the vibrant arts scene, eclectic shops, and a plethora of dining options that cater to every palate. Whether you’re enjoying a leisurely afternoon at a local café or taking in a live performance at one of the nearby theaters, there’s always something happening in this lively neighborhood.

Families will appreciate the excellent schools and community resources available, ensuring a nurturing environment for children. With its blend of convenience, culture, and community spirit, Downtown KY is not just a place to live; it’s a lifestyle choice that promises excitement and growth. Discover the charm of Downtown and explore the possibilities that quadruplex living has to offer in this dynamic neighborhood!

Newest Downtown Homes with Quadruplex Subtype

$294,900
3 Beds ⋅ 2 Baths ⋅ 26020647 MLS
Four units under one roof and a single lot to maintain, 410 Earl Street offers a straightforward addition to a rental portfolio in Danville. The building holds three one-bedroom, one-bath units and one efficiency, arranged two up and two down, each with its own layout. The upper units are reached by exterior stairs and open onto a shared front deck running the full width of the building. Outside, board and batten siding carries the upper level while painted block wraps the lower, all under a dimensional shingle roof. A concrete drive provides off-street parking out front, and the lot stays open on both sides. Located minutes from downtown Danville, four doors on one in-town lot is worth a closer look.

410 Earl St, Danville
$450,000
8 Beds ⋅ 4 Baths ⋅ 26018979 MLS
This well-maintained quadplex is an outstanding investment opportunity featuring numerous recent upgrades that enhance both value and tenant appeal. Major improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a beautifully remodeled foyer that creates an inviting first impression. The property also offers a paved parking lot for added convenience and low maintenance. Ideally located close to shopping, restaurants, schools, and other local amenities, this income-producing property combines modern updates with a highly desirable location, making it an excellent addition to any investment portfolio.

201 Danville St, Lancaster
$469,000
7 Beds ⋅ 5 Baths ⋅ 26005492 MLS
100% Occupied! Excellent opportunity to acquire a fully leased four-unit investment property in one of Historic Downtown Frankfort's most desirable neighborhoods. This exceptionally maintained property leased all four apartments at market rents in just four days, demonstrating the strong demand for quality rental housing in this location. Owned by the same family for three generations, the building has benefited from numerous recent capital improvements, including a newer roof, professional exterior painting, updated electrical service, and new water heaters. This is a stable, turnkey investment with no known deferred maintenance. Current gross rental income is $4,810 per month ($57,720 annually). Owner pays approximately $500 per month for water, electric, sewer, and trash. Tenants pay their own natural gas heating. Unit Mix: 2 Bedroom / 2 Bath - $1,630/month (tenant also mows the lawn, performs landscaping, and takes trash to the curb) 2 Bedroom / 1 Bath - $1,230/month 2 Bedroom / 1 Bath - $1,200/month 1 Bedroom / 1 Bath - $750/month (long-term tenant of approximately 20 years) Properties of this quality and location rarely become available. With strong cash flow, historic character, off-street parking, and scenic Kentucky River views from every unit, 514 Wapping Street presents a compelling investment opportunity in the heart of Frankfort.

514 Wapping St, Frankfort
$725,000
8 Beds ⋅ 4 Baths ⋅ 26015659 MLS
An exceptional opportunity to acquire a turnkey portfolio of two neighboring, fully occupied historic duplexes in the heart of downtown Lexington. Originally built in the late 1800s and thoughtfully restored while preserving their historic character, these award-winning properties offer a total of four spacious 2-bedroom, 1-bath residences featuring tall ceilings, restored hardwood floors, updated kitchens and baths, and convenient off-street parking. The package includes a shared off-street parking lot serving both buildings, adding convenience for residents while enhancing the long-term value and functionality of the portfolio. Fully occupied and meticulously maintained, these neighboring duplexes seamlessly blend timeless architecture with modern updates and dependable income potential in one of Lexington's most desirable and walkable neighborhoods, just steps from downtown restaurants, entertainment, shopping, and local attractions. Ideal for investors seeking a stabilized, income-producing asset, this portfolio also presents an outstanding opportunity for an owner-occupant. Live in one unit while the remaining residences help offset your mortgage, create a multigenerational living arrangement, or capitalize on future rental upside. Whether maintained as a long-term cash-flow investment, repositioned through future rent optimization, or utilized as a premium house hack, the portfolio offers multiple value-creation strategies. Priced well below its 2025 appraised value, this offering provides the potential for immediate equity in addition to dependable cash flow and long-term appreciation. Opportunities to acquire two adjacent, Historic Preservation Award-winning duplexes with a shared parking lot in such a premier downtown location are exceptionally rare. This is a truly one-of-a-kind chance to own a landmark investment in one of Lexington's most sought-after neighborhoods.

148 152 E Fourth St, Lexington
$329,000
5 Beds ⋅ 5 Baths ⋅ 26015327 MLS
Great investment opportunity with this well-maintained quadplex at 125 Howard Avenue! Many of the major updates have already been completed, making this an excellent addition to your investment portfolio. The roof is approximately 3.5-4 years old, while the HVAC system and two water heaters are estimated to be 5-6 years old. The sewer and water lines were replaced about 2 years ago with PVC sewer lines and mostly copper water lines, along with some PEX. Nearly all of the windows have been replaced with vinyl windows, with only two original single-pane picture windows remaining in Unit 4. The property was also updated throughout with new flooring and fresh paint completed approximately 2 years ago. Three of the four units feature updated kitchen cabinets and countertops, and all units have newer vanities and toilets installed around the same time. The exterior steps and deck were also replaced approximately 2 years ago. Whether you're looking to expand your rental portfolio or purchase your first multi-family investment, this updated quadplex offers the opportunity to own an income-producing property with many of the big-ticket improvements already handled. **Professional photos coming soon**

125 Howard Avenue Mt, Mt Sterling
$455,000
8 Beds ⋅ 4 Baths ⋅ 26004961 MLS
Great investment opportunity in downtown Winchester! This spacious quadplex has been updated throughout and offers a true turn-key multi-family property. Each unit features two bedrooms, one bathroom, a full kitchen, and its own private laundry area. Utilities are separately metered, allowing tenants to handle their own services and helping keep operating costs manageable. With a total of 8 bedrooms, 4 bathrooms, and approximately 5058 square feet, this property provides strong rental potential in a convenient location close to downtown shopping, dining, and local amenities. The units are clean, well-maintained, and ready for new tenants, making this an excellent option for investors seeking a solid income-producing property. Schedule your showing today before this opportunity is gone!

265 S Highland St, Winchester
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