201 Danville Street, Lancaster, KY 40444

$450,000
Property Type: Residential Income Bedrooms: 8 Baths: 4 Square Footage: 3,400 Lot Size (sq. ft.): 14,680 Status: Active
Current Price: $450,000 List Date: 7/17/2026 Last Modified: 7/22/2026

Overview

Description

This well-maintained quadplex is an outstanding investment opportunity featuring numerous recent upgrades that enhance both value and tenant appeal. Major improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a beautifully remodeled foyer that creates an inviting first impression. The property also offers a paved parking lot for added convenience and low maintenance. Ideally located close to shopping, restaurants, schools, and other local amenities, this income-producing property combines modern updates with a highly desirable location, making it an excellent addition to any investment portfolio.

Listing Details MLS# 26018979

Listing Information

Comp Sale YN
No
Property Sub Type
Quadruplex

Status Change Information

Status Change Timestamp
2026-07-17

Address

County
Garrard
Street Number
201
Street Name
Danville
Street Suffix
Street
State
KY
Zip Code
40444
Zip +4
1091
Directions
from 27 south turn right onto Danville street and in 500 feet the destination is on your left
Parcel Number
L2-07-002

Contract

Original List Price
450000
Start Showing Date
2026-07-17
Listing Contract Date
2026-07-17
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
1335311.57
List Price/SqFt
132.35

Tax Legal

MLS Area Major
023 - Garrard County
Subdivision Name
Downtown
High School District
Garrard County - 23

Interior

Bedrooms Total
8
Bathrooms Total
4
Bathrooms Full
4
Living Area
3400
Living Area Source
Public Records
Bathrooms Half
0

More Information

Parking Information

Parking Total
10

Building

Year Built
9999
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.337
Lot Size Square Feet
14680

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Phone Available
Yes
Sewer Available
Yes
Water Available
Yes

Remarks

Public Remarks
This well-maintained quadplex is an outstanding investment opportunity featuring numerous recent upgrades that enhance both value and tenant appeal. Major improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a beautifully remodeled foyer that creates an inviting first impression. The property also offers a paved parking lot for added convenience and low maintenance. Ideally located close to shopping, restaurants, schools, and other local amenities, this income-producing property combines modern updates with a highly desirable location, making it an excellent addition to any investment portfolio.

Building and Property Details

Age of Roof
3

Tax & Legal

Elementary School
Lancaster
Middle Or Junior School
Lancaster
High School
Garrard Co
Zoning
R-3

Association/Community

Number Of Buildings
1
Number Of Units Total
4

Cooling

Electric
Yes
Heat Pump
Yes

Heating

Electric
Yes
Heat Pump
Yes
Natural Gas
Yes

Laundry Features

Washer Hookup
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Shingle
Yes

Structure Type

Quadruplex
Yes

Showing Requirements

Call Listing Agent
Yes
Restricted Hours
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Available; Phone Available; Sewer Available; Water Available; Electricity Connected; Natural Gas Available; Phone Available; Sewer Available; Water Available Cooling: Electric; Heat Pump Heating: Electric; Heat Pump; Natural Gas Laundry Features: Washer Hookup Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: On Site; Paved Possession: Close Of Escrow; Negotiable Roof: Shingle Structure Type: Quadruplex Showing Requirements: Call Listing Agent; Restricted Hours
Listing Office: Danny Ayres Realty & Auction
Last Updated: July - 22 - 2026
Information deemed reliable but not guaranteed.