144 148 Owsley Drive, Lancaster, KY 40444

New Listing
$1,400,000
Property Type: Residential Income Bedrooms: 26 Baths: 13 Square Footage: 13,386 Lot Size (sq. ft.): 68,302 Status: Contingent
Current Price: $1,400,000 List Date: 7/17/2026 Last Modified: 7/22/2026

Overview

Description

Investment Opportunity - 2 Duplexes & 3 Triplexes in Lancaster 144 148 Owsley Drive 122 130 Owsley Drive 40 42 44 Oakwood Drive 48 50 52 Oakwood Drive 20 22 24 Beechwood Drive Expand your investment portfolio with this exceptional package of two duplexes and three triplexes located in the heart of Lancaster. Ideally situated within walking distance of popular restaurants, local shopping, and everyday conveniences, these properties offer the location today's tenants are looking for. Lancaster's vibrant downtown and walkable neighborhoods continue to attract residents seeking convenience and an active lifestyle, supporting strong rental demand. Whether you're an experienced investor or looking to grow your multifamily holdings, this portfolio presents an outstanding opportunity to generate consistent rental income Property Highlights: Portfolio includes 2 duplexes and 3 triplexes Excellent income-producing investment Walkable location near restaurants, shopping, and entertainment Strong ...

Listing Details MLS# 26018975

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2026-07-22
Purchase Contract Date
2026-07-20

Address

County
Garrard
Street Number
144 148
Street Name
Owsley
Street Suffix
Drive
State
KY
Zip Code
40444
Directions
from 27 traveling south turn right onto owsley drive
Parcel Number
multiple- see agent remarks

Contract

Original List Price
1400000
Start Showing Date
2026-07-17
Listing Contract Date
2026-07-16
Listing Agreement
Exclusive Agency
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
891719.75
List Price/SqFt
104.59

Tax Legal

MLS Area Major
023 - Garrard County
High School District
Garrard County - 23

Interior

Bedrooms Total
26
Bathrooms Total
13
Bathrooms Full
13
Living Area
13386
Living Area Source
Public Records
Bathrooms Half
0

More Information

Building

Year Built
1996
Accessibility Features YN
No

Lot

Lot Size Acres
1.568
Lot Size Square Feet
68302.08

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Water Available
Yes

Remarks

Public Remarks
Investment Opportunity - 2 Duplexes & 3 Triplexes in Lancaster 144 148 Owsley Drive 122 130 Owsley Drive 40 42 44 Oakwood Drive 48 50 52 Oakwood Drive 20 22 24 Beechwood Drive Expand your investment portfolio with this exceptional package of two duplexes and three triplexes located in the heart of Lancaster. Ideally situated within walking distance of popular restaurants, local shopping, and everyday conveniences, these properties offer the location today's tenants are looking for. Lancaster's vibrant downtown and walkable neighborhoods continue to attract residents seeking convenience and an active lifestyle, supporting strong rental demand. Whether you're an experienced investor or looking to grow your multifamily holdings, this portfolio presents an outstanding opportunity to generate consistent rental income Property Highlights: Portfolio includes 2 duplexes and 3 triplexes Excellent income-producing investment Walkable location near restaurants, shopping, and entertainment Strong appeal to long-term tenants Opportunity to expand an existing real estate portfolio Don't miss this rare chance to acquire a well-positioned multifamily portfolio in one of Lancaster's most sought-after locations.

Tax & Legal

Elementary School
Lancaster
Middle Or Junior School
Garrard Co
High School
Garrard Co
Tax Rate
0.9593
Zoning
R-2

Association/Community

Number Of Buildings
5
Number Of Units Total
13

Cooling

Central Air
Yes

Heating

Electric
Yes
Heat Pump
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

On Site
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Shingle
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Connected; Water Available; Electricity Connected; Water Available Cooling: Central Air Heating: Electric; Heat Pump Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: On Site Possession: Close Of Escrow; Negotiable Roof: Shingle Showing Requirements: Call Listing Agent; Showing Service
Listing Office: Danny Ayres Realty & Auction
Last Updated: July - 22 - 2026
Information deemed reliable but not guaranteed.