1409 Fontaine Road, Lexington, KY 40502

$1,150,000
Property Type: Residential Income Bedrooms: 5 Baths: 4 Square Footage: 5,670 Lot Size (sq. ft.): 9,749 Status: Active
Current Price: $1,150,000 List Date: 10/22/2026 Last Modified: 10/23/2026

Overview

Description

Located on one of Chevy Chase's most established streets, this stone-façade fourplex offers spacious units, extensive capital improvements, and room for future value-add. Since 2020, nearly every major building system has been updated, including a new shingle roof (2020), flat roof (2025), updated electrical with five separately metered panels, individual central HVAC systems for all four units, PEX plumbing updates, and capped chimneys. Exterior improvements include rebuilt composite front balconies, new upper-level stairs, and a resurfaced parking lot with underground downspout drainage directed away from the foundation. The building consists of three spacious 1BR/1BA units of approximately 1,150 SF each and one 2BR/1BA unit of approximately 1,850 SF. Hardwood floors run throughout, and one of the 1BR units features a fully renovated kitchen and bathroom. The remaining three units offer an opportunity for interior updates, with all three 1BR floor plans providing space for a potenti ...

Listing Details MLS# 26029281

Listing Information

Property Sub Type
Quadruplex
Comp Sale YN
No

Status Change Information

StatusChangeDate
2026-10-22

Address

County
Fayette
Street #
1409
Street
Fontaine
St Suffix
Road
State/Province
KY
Zip Code
40502
Directions
High Street to Fontaine Rd, Building on the Left.
Zip +4
1951
Parcel Number
14093100

Contract

Original List Price
1150000
Start Showing Date
2026-10-22
Listing Price
1150000
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
5133928.57
List Price/SqFt
202.82

Tax Legal

Area
003 - Fayette County SE
Subdivision/Condo
Chevy Chase
School District
Fayette County - 1

Interior

Total # Bedrooms
5
Total Bathrooms
4
Baths - Full
4
Living Area
5670
Living Area Source
Public Records

More Information

Parking Information

Parking Total
7

Building

Year Built
1940
Stories Total
3
Accessibility Features YN
No

Lot

Lot Size Acres
0.224
Lot Size Square Feet
9749

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Located on one of Chevy Chase's most established streets, this stone-façade fourplex offers spacious units, extensive capital improvements, and room for future value-add. Since 2020, nearly every major building system has been updated, including a new shingle roof (2020), flat roof (2025), updated electrical with five separately metered panels, individual central HVAC systems for all four units, PEX plumbing updates, and capped chimneys. Exterior improvements include rebuilt composite front balconies, new upper-level stairs, and a resurfaced parking lot with underground downspout drainage directed away from the foundation. The building consists of three spacious 1BR/1BA units of approximately 1,150 SF each and one 2BR/1BA unit of approximately 1,850 SF. Hardwood floors run throughout, and one of the 1BR units features a fully renovated kitchen and bathroom. The remaining three units offer an opportunity for interior updates, with all three 1BR floor plans providing space for a potential second bedroom. The unfinished lower level includes four private storage rooms and shared laundry facilities. All four units are leased, with lease expirations ranging from April through June 2027. The property offers 5,670 SF above grade, an additional 1,890 SF unfinished basement, and sits on a 0.22-acre R-3 zoned lot.

Tax & Legal

Tax Rate
1.2598

Association/Community

Number Of Units Total
4

Laundry Features

Common Area
Yes

Parking Features

Paved
Yes

Building and Property Details

Laundry SqFt
1890

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Natural Gas Laundry Features: Lower Level Parking Features: On Site Possession: Close Of Escrow Roof: Membrane; Shingle Structure Type: Quadruplex Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; No Sign; Restricted Hours; Showing Service
Listing Office: Lifstyl Real Estate
Last Updated: October - 23 - 2026
Information deemed reliable but not guaranteed.