160 Cardinal Drive, Lancaster, KY 40444

$750,000
Property Type: Residential Income Bedrooms: 2 Baths: 1 Square Footage: 832 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $750,000 List Date: 10/07/2026 Last Modified: 10/13/2026

Overview

Description

Investment Opportunity in Lancaster, KY at 139/149 Cardinal Circle, 140/152 Cardinal Circle. 160/172 Cardinal Circle, and 233/251 Cardinal Circle. Whether you're an experienced investor or looking to add multifamily properties to your portfolio, this is an opportunity worth a closer look. This package includes 4 duplexes for a total of 8 rental units, all centrally located in Lancaster, Kentucky. All eight units are currently leased, offering an established income stream from day one. Each unit features 2 bedrooms and 1 bath, providing a practical floor plan with strong appeal for long-term tenants. With eight income-producing units included in one portfolio, this is a great opportunity to expand your current real estate holdings or make a larger move into multifamily investing. Properties with multiple units and existing tenants don't come along every day; take advantage of the opportunity to add 8 doors to your portfolio at once! 4 Duplexes | 8 Total Units | All Currently Leased | ...

Listing Details MLS# 26027739

Listing Information

Property Sub Type
Duplex
Comp Sale YN
No

Status Change Information

StatusChangeDate
2026-10-07

Address

County
Garrard
Street #
160
Street
Cardinal
St Suffix
Drive
State/Province
KY
Zip Code
40444
Directions
From Danville St in Lancaster, turn onto Cardinal Drive, then right onto Cardinal Circle, the units are located on Cardinal Circle
Inside City Limits YN
Yes
Parcel Number
27B02036, 27B02041, 27B02024, 27B02025

Contract

Original List Price
750000
Start Showing Date
2026-10-07
Listing Price
750000
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
3260869.57
List Price/SqFt
901.44

Tax Legal

Area
023 - Garrard County
Subdivision/Condo
Quail Run
School District
Garrard County - 23

Interior

Total # Bedrooms
2
Total Bathrooms
Yes
Baths - Full
Yes
Living Area
832
Living Area Source
Public Records

More Information

Building

Year Built
1997
Stories Total
Yes
Accessibility Features YN
No

Lot

Lot Size Acres
0.23
Lot Size Square Feet
10018.8

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Investment Opportunity in Lancaster, KY at 139/149 Cardinal Circle, 140/152 Cardinal Circle. 160/172 Cardinal Circle, and 233/251 Cardinal Circle. Whether you're an experienced investor or looking to add multifamily properties to your portfolio, this is an opportunity worth a closer look. This package includes 4 duplexes for a total of 8 rental units, all centrally located in Lancaster, Kentucky. All eight units are currently leased, offering an established income stream from day one. Each unit features 2 bedrooms and 1 bath, providing a practical floor plan with strong appeal for long-term tenants. With eight income-producing units included in one portfolio, this is a great opportunity to expand your current real estate holdings or make a larger move into multifamily investing. Properties with multiple units and existing tenants don't come along every day; take advantage of the opportunity to add 8 doors to your portfolio at once! 4 Duplexes | 8 Total Units | All Currently Leased | 2 Bedrooms & 1 Bath Per Unit

Building and Property Details

Age of Roof
810

Showing Information

Showing Instructions
Use Showingtime to schedule; 48 Notice required to show.

Tax & Legal

Tax Rate
0.9593

Association/Community

Number Of Buildings
4
Number Of Units In Community
8
Number Of Units Total
8

Property Features

Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Cooling: Central Air; Heat Pump Heating: Electric; Natural Gas Laundry Features: Electric Dryer Hookup; Washer Hookup Parking Features: On Site Possession: Close Of Escrow Roof: Dimensional Style Structure Type: Duplex Showing Requirements: Showing Service
Listing Office: United Country Cornerstone Realty & Auction
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.