1921 Oxford Circle, Lexington, KY 40504
$725,000
Property Type:
Residential Income
Bedrooms:
14
Baths:
10
Square Footage:
9,920
Lot Size (sq. ft.):
13,101
Status:
Active
Current Price:
$725,000
List Date:
4/23/2026
Last Modified:
5/16/2026
Listing Details MLS# 26008865
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Apartment
Status Change Information
- Price Change Timestamp
- 2026-05-16T11:40:34Z
- Status Change Timestamp
- 2026-04-23
Address
- County
- Fayette
- Street Number
- 1921
- Street Name
- Oxford
- Street Suffix
- Circle
- State
- KY
- Zip Code
- 40504
- Directions
- In bound on Versailles Road, Left on Oxford Circle, property is on the right.
- Parcel Number
- 14754800
Contract
- Original List Price
- 750000
- Start Showing Date
- 2026-04-23
- Listing Contract Date
- 2026-04-23
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 2408637.87
- List Price/SqFt
- 73.08
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Cardinal Valley
- High School District
- Fayette County - 1
Interior
- Bedrooms Total
- 14
- Bathrooms Total
- 10
- Bathrooms Full
- 10
- Living Area
- 9920
- Living Area Source
- Public Records
- Bathrooms Half
- 0
More Information
Parking Information
- Parking Total
- 20
Building
- Year Built
- 1959
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 0.301
- Lot Size Square Feet
- 13101
- Road Frontage Feet
- 72
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Motivated Seller! Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants. Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and simplify management. The property also boasts a large attic space, providing valuable storage or potential for additional possible rental income with future development. Additional value could be added by converting Two-bedroom units into three-bedroom units by enclosing the dining room and adding a closet. Potential to increase rents through upgrades or reconfiguration. Major improvement already completed: New flooring in #4,5, 6 & 8 2026, New Paint in 4, 6 & 8 2026, Joist Replacement 2025, New carpet in hallway 2026, New Roof & removed dormers 2025 New Water Heaters #2, #10 2025, #9 2026, New Panel Box #4 2024, New Air Conditioners #4, #7 2024. Don't miss this investment opportunity.
Building and Property Details
- Age of Roof
- 2025
Income and Expenses
- Accounting, Legal & Collections Expense
- 500
- Credit and Vacancy Losses
- 6636
- Electric Expense
- 600
- Gross Income
- 94800
- Gross Operating Income
- 94800
- Gross Scheduled Income
- 94800
- Insurance Expense
- 5488
- Janitorial Services Expense
- 900
- Lawn Services Expense
- 1260
- Less Operating Expenses
- 34022
- Maintenance Expense
- 600
- Net Operating Income
- 60778
- Other Expense
- 1800
- Other Expense Description
- Extermination
- Professional Management Expense
- 9480
- Real Estate Taxes
- 6758
- Supplies Expense
- 600
- Vacancy Allowance Rate
- 7
Unit Details
- Number Of Units Vacant
- 2
Showing Information
- Showing Instructions
- Call showing time for a code to a vacant unit.Please do not approach tenants.
Tax & Legal
- Elementary School
- Cardinal Valley
- Middle Or Junior School
- Beaumont
- High School
- Dunbar
- Tax Rate
- 1.2583
- Zoning Description
- R3
Association/Community
- Number Of Buildings
- 1
- Number Of Units In Community
- 10
- Number Of Units Total
- 10
Cooling
- Window Unit(s)
- Yes
Heating
- Forced Air
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Subject To Tenant Rights
- Yes
Roof
- Composition
- Yes
- Shingle
- Yes
Special Listing Conditions
- Standard
- Yes
Structure Type
- Multi Family
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Property Features
Utilities:
Electricity Connected; Natural Gas Connected; Water Connected; Electricity Connected; Natural Gas Connected; Water Connected
Cooling:
Window Unit(s)
Heating:
Forced Air
Listing Terms:
Cash; Conventional
Possession:
Subject To Tenant Rights
Roof:
Composition; Shingle
Special Listing Conditions:
Standard
Structure Type:
Multi Family
Showing Requirements:
Call Listing Agent
Sellers Disclosure Of Property Condition ›
Listing Office:
Assurance Realty & Property Management
Last Updated: May - 16 - 2026
Information deemed reliable but not guaranteed.