115 Cochran Road, Lexington, KY 40502
$833,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
6
Square Footage:
4,492
Lot Size (sq. ft.):
11,927
Status:
Closed
Current Price:
$833,000
List Date:
5/21/2023
Last Modified:
8/26/2025
Overview
Description
Listing Details MLS# 23008777
Listing Information
- Comp Sale YN
- No
Status Change Information
- Status Change Timestamp
- 2023-06-28
- Purchase Contract Date
- 2023-05-22
- Close Date
- 2023-06-28
- Close Price
- 833000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- No
Address
- County
- Fayette
- Street Number
- 115
- Street Name
- Cochran
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40502
- Directions
- Tates Creek to Cochran, property on the left, The Cavalier
- Parcel Number
- 15773275
Contract
- Original List Price
- 849500
- Start Showing Date
- 2023-05-21
- Listing Contract Date
- 2023-05-15
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 3102629.66
- List Price/SqFt
- 189.11
- Sold Price/Acre
- 3042366.69
- Sold Price/SqFt
- 185.44
- SP/LP
- 0.98
Tax Legal
- MLS Area Major
- 003 - Fayette County SE
- Subdivision Name
- Chevy Chase
- High School District
- Fayette County - 1
Interior
- Bedrooms Total
- 6
- Bathrooms Total
- 6
- Bathrooms Full
- 6
- Living Area
- 4492
More Information
Parking Information
- Parking Total
- 10
Building
- Year Built
- 1940
- Stories Total
- 3
Lot
- Lot Size Acres
- 0.2738
- Lot Size Square Feet
- 11927
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- This is a rare opportunity to own Chevy's Chase historic 6-plex, built in the 1940's and known as 'The Cavalier'. The owner has beautifully maintained this building with over 150,000 dollars of improvements since purchase. Currently the building is 100 percent occupied with tenants that love living here. All but two units (long term renters) have been renovated. This fabulous property is walking distance to the Chevy Chase shops, restaurants, schools and to the University of Kentucky/Downtown. Don't miss out!
Income and Expenses
- Gross Income
- 4425
- Vacancy Allowance Rate
- 0
Showing Information
- Showing Instructions
- There will be an Open House on May 21, from 1-3:00. No other showings permitted at this time.
Tax & Legal
- Elementary School
- Cassidy
- Middle Or Junior School
- Morton
- High School
- Henry Clay
- Tax Rate
- 1.2846
- Zoning Description
- R-3
Association/Community
- Number Of Buildings
- 1
- Number Of Units Total
- 6
Association Amenities
- Coin Laundry
- Yes
Cooling
- Electric
- Yes
Heating
- Forced Air
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Shingle
- Yes
Structure Type
- Multi Family
- Yes
Property Features
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Association Amenities:
Coin Laundry
Cooling:
Electric
Heating:
Forced Air
Possession:
Close Of Escrow
Roof:
Shingle
Structure Type:
Multi Family
Listing Office:
Bluegrass Sotheby's International Realty
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.