166-180 Heritage Drive, Nicholasville, KY 40356

$1,370,000
Property Type: Residential Income Bedrooms: 16 Baths: 17 Square Footage: 10,688 Lot Size (sq. ft.): 22,390 Status: Active
Current Price: $1,370,000 List Date: 4/17/2026 Last Modified: 6/03/2026

Overview

Description

Prime location and exceptional value! 8 Townhomes for your portfolio with a mixture of long term tenancy and month to month tenants. Located on the north side of recently upgraded Lake Mingo Park, all 8 units are 2 bedrooms and 1.5 bathrooms with one-car garages. 7 of the units have unfinished basements with the 8th basement being used as a management office. NEW roofs, NEW siding, NEW gutters and NEW windows. Every window is NEW, over 40 of them! Several new AC units. Tenants pay all utilities. The location is ideal for tenants because of walkability to jobs and shopping and Main Street. Ideal for a 1031 Exchange. Floor plans are attached.

Listing Details MLS# 26008271

Listing Information

Comp Sale YN
No
Property Sub Type
Quadruplex

Status Change Information

Status Change Timestamp
2026-04-17

Address

County
Jessamine
Street Number
166-180
Street Name
Heritage
Street Suffix
Drive
State
KY
Zip Code
40356
Directions
Main Street Nicholasville to Strawberry Lane and Right on Heritage Dr. The first 8 units on the left. There is no sign.
Parcel Number
057-40-12-045.00

Contract

Original List Price
1370000
Start Showing Date
2026-04-17
Listing Contract Date
2026-04-17
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
2665369.65
List Price/SqFt
128.18

Tax Legal

MLS Area Major
009 - Jessamine County
Subdivision Name
Orchard
High School District
Jessamine County - 9

Interior

Bedrooms Total
16
Bathrooms Total
17
Bathrooms Full
8
Bathrooms Half
9
Living Area
10688
Living Area Source
Appraiser

More Information

Parking Information

Parking Total
16

Building

Year Built
1988
Stories Total
3
Accessibility Features YN
No

Lot

Lot Size Acres
0.514
Lot Size Square Feet
22389.84
Lot Size Dimensions
224x100
Road Frontage Feet
224

Utilities

Cooling YN
Yes
Heating YN
Yes
Cable Available
Yes
Electricity Connected
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Prime location and exceptional value! 8 Townhomes for your portfolio with a mixture of long term tenancy and month to month tenants. Located on the north side of recently upgraded Lake Mingo Park, all 8 units are 2 bedrooms and 1.5 bathrooms with one-car garages. 7 of the units have unfinished basements with the 8th basement being used as a management office. NEW roofs, NEW siding, NEW gutters and NEW windows. Every window is NEW, over 40 of them! Several new AC units. Tenants pay all utilities. The location is ideal for tenants because of walkability to jobs and shopping and Main Street. Ideal for a 1031 Exchange. Floor plans are attached.

Building and Property Details

Building Expansion Potential YN
No
Lot Expansion Potential YN
No

Showing Information

Showing Instructions
Requires 48 hour notice.

Tax & Legal

Elementary School
Red Oak
Middle Or Junior School
East Jessamine Middle School
High School
East Jess HS
Tax Rate
1.239

Association/Community

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

Cooling

Central Air
Yes

Heating

Heat Pump
Yes
Natural Gas
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

Covered
Yes
Open
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Roof

Shingle
Yes

Structure Type

Multi Family
Yes

Showing Requirements

Call Listing Agent
Yes
No Sign
Yes

Property Features

Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected Cooling: Central Air Heating: Heat Pump; Natural Gas Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Covered; Open Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Structure Type: Multi Family Showing Requirements: Call Listing Agent; No Sign
Listing Office: RE/MAX Elite Realty
Last Updated: June - 03 - 2026
Information deemed reliable but not guaranteed.